Colin Calderwood hailed a 'monumental effort' from his side as they ended a run of consecutive defeats in the 1-1 draw.
The Forest boss had no issues with the penalty that drew the visitors level but was pleased to see his side 'dig in and get a reward' for their efforts.
Jim Magilton, Ipswich manager, was 'more than pleased' with his side's fightback from a goal down.
Rival bosses settle for a point
"I'm a little disappointed we did not get more," he added.