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Research Methodology

SPARK Matrix is underpinned by QKS Group’s proprietary Closed-Loop Research methodology - a modern, outside-in framework engineered for precision, speed, and contextual relevance in rapidly evolving technology markets. Our methodology combines extensive primary research with rigorous qualitative and quantitative analysis, structured around how real-world tech ecosystems function. It is uniquely designed to inform strategy, not just observation. 

What Sets Closed-Loop Research Apart

Unlike traditional research models that rely heavily on static data or subjective interviews, Closed-Loop Research is built around continuous feedback, contextual layering, and decision-ready outputs. It integrates:

  • Quantitative-led analysis: Market sizing, capability scoring, and trend quantification
  • Qualitative-led insights: Vendor strategy, product innovation, customer pain points
  • Closed-loop intelligence: Connecting trends, maturity, convergence, and customer impact
  • Taxonomy-based evaluation: Layered mapping of principal, peripheral, and core tech markets

This closed-loop approach enables us to: 

  • Track fact-based trends and their influence on real product decisions 
  • Analyze technology maturity and convergence paths across overlapping markets 
  • Identify customer pain points, whitespace opportunities, and market friction
  • Deliver strategic, actionable insights – not generic quadrant positioning 

Data Sources and Independence

Our research draws from: 

  • Primary sources: 60–90 minute analyst briefings, RFIs, live product demos, and structured customer surveys
  • Secondary research and our internal knowledge base, enabling complete vendor inclusion even without direct participation

While we welcome vendor collaboration, inclusion in SPARK Matrix does not require vendor consent. We independently assess all relevant providers using publicly available and proprietary data, ensuring objectivity and completeness without legal exposure or bias.  Each vendor in the SPARK Matrix is assessed across two overarching dimensions, which encompass various subject-specific performance parameters: 

  • Technology Excellence 
  • Customer Impact  
These dimensions are mapped using a mix of quantitative and qualitative inputs to deliver clear, actionable positioning in the SPARK Matrix.

A Modern Alternative to Legacy Models 

Unlike rigid frameworks, our Closed-Loop Research model is built for agility and relevance in today’s SaaS and modular technology environments. We include all major players – not just those who choose to participate – and assess them based on actionable, product-contextual insights that technology leaders can actually use. 

Disclaimer: Inclusion in SPARK Matrix does not imply vendor endorsement or participation. All evaluations are independent and based on best-available information at the time of publication.

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SPARK Plus Analyst Reviews & QKS Review Blogs 

Our SPARK Plus Analyst Reviews and QKS Review Blogs are built on the same Closed-Loop Research methodology, designed to deliver timely, narrative-style insights on vendors, products, and emerging market dynamics. These publications combine ongoing briefings, customer feedback, and proprietary analysis to provide independent, outside-in perspectives. 

  • SPARK Plus Analyst Reviews are proprietary evaluations authored independently by QKS analysts and made available exclusively to our subscription and advisory clients. 
  • QKS Review Blogs follow an editorial process that may incorporate vendor input for factual accuracy, though all final content decisions remain at the sole discretion of QKS Group. 

Disclaimer: This analysis is independently developed by QKS Group analysts using publicly available and proprietary sources. Vendor participation is not required for inclusion. Opinions are solely those of the analysts and do not constitute endorsement or commercial affiliation.

Market Intelligence Methodology 

QKS Group’s market intelligence research – Including market sizing, forecasting, and market share analysis – is built on a foundation of bottom-up, revenue-based company modeling, enhanced with macroeconomic insights and closed-loop feedback from the field. 

Our Approach Includes: 

Bottom-Up Revenue Modeling

Our primary methodology is grounded in company-level revenue analysis. We model vendor revenues based on:

  • Reported financials (public disclosures, earnings, investor presentations) 
  • Estimates for private companies using benchmarks, pricing models, and headcount-based triangulation 
  • Direct inputs from briefings and validated data points where available

Market Sizing & Forecasting

We triangulate data through: 

  • Aggregated vendor revenues at segment and regional levels 
  • Customer adoption patterns and pricing assumptions 
  • Adjustments based on industry growth factors, tech maturity, and economic indicators

Market Share Analysis

Vendor shares are calculated based on: 

  • Modeled annual recurring revenue (ARR) or product-level revenue (as applicable)
  • Adjustments for indirect sales, bundling, and OEM relationships  
  • Historical trends and growth consistency

Forecast Calibration 

Forecasts are updated regularly through our closed-loop model incorporating: 

  • Technology lifecycle trends and substitution dynamics 
  • Regulatory, economic, and geopolitical impact factors 
  • Internal benchmarks across >300 tech segments and subsegments

Data Sources

  • Primary: Revenue-based modeling at the company and product-line level 
  • Secondary: Public filings, investor decks, product pricing data, and adoption signals
  • Internal intelligence: Historical research, analyst assumptions, and segment-specific normalization 

Why it Matters

Unlike generic top-down estimates, our bottom-up revenue modeling allows for high-resolution market maps, capturing nuanced shifts in vendor performance, emerging subcategories, and white space evolution.