Ellie Bagshaw

Ellie joined Arete in 2021 and is based in the firm's London office. She is part of the Software research team, focusing on Cyber Security, working with Adam, Louis and Lucy. Prior to joining Arete, Ellie worked at the commercial real estate firm Telereal Trillium as a Business Modelling Analyst. Ellie graduated from the University of Oxford with a BA in Chemistry.

Email: ellie.bagshaw@arete.net

Phone: +44 (0)20 7959 1324

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Adam Shepherd

Adam is responsible for Arete's Software & IT services coverage with ~25 years industry experience both as an analyst and as a technology consultant (systems integration). Leads a five person team that has created an extensive network of CIOs, CISOs and reseller contacts. Typically have >150 direct CIO/CISO interactions each year, predominantly with Fortune 2000 enterprises. This gives Adam and the team extensive insight into software vendor performance, opportunity and competitive dynamics. Feedback is shared directly with clients via the CIO Series and embedded into company specific research. The CIO conversations span a broad range of private and listed companies giving the team a perspective well beyond its formal coverage in enterprise software. He joined Arete in 2009 and is based in London. Prior to Arete, Adam spent nine years as an analyst at Dresdner Kleinwort and BNP Paribas, specialising in European software and IT services. Before this, he worked five years in technology consulting at PA Consulting Group, developing systems across a number of infrastructure and application platforms.

Email: adam.shepherd@arete.net

Phone: +44 (0)20 7959 1311

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