If you've ever been part of the process, you learn quick that it's one analyst who works whatever beat your company operates in who has an extremely poor understanding of your product, the market, or where it's headed. But they'll have a new catchphrase they've dreamed up and so it's just a game of saying "yeah, sure, we do that" and then paying money to be mentioned.

I still recommend to companies that they should endeavor to be put into a Gardener Magic quadrant because it can be transformative for enterprise sales pipeline. But I always feel bad for the purchasing decision makers as non of this is good data. I agree with swyx that automated deep research will phase this whole model out, which will be a net win for both companies and customers.