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ISG to Provide Intelligent Automation Services as Part of CoreTrust Partnership

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Information Services Group (ISG) has partnered with CoreTrust Purchasing Group to provide intelligent automation services to over 3,200 CoreTrust member companies. The suite includes strategic assessments, consulting, solution development, deployment, and ongoing support. ISG Automation's offerings encompass robotic process automation (RPA), natural language processing (NLP), and intelligent document processing (IDP).

The partnership also introduces ISG Automation on Demand™, a cloud-hosted platform-as-a-service allowing flexible scaling of software bots. This collaboration aims to help CoreTrust members optimize technology spending and improve ROI. CoreTrust, driving over $7 billion in annual indirect spending, sees this as a strategic move to enhance member benefits across various industries.

Information Services Group (ISG) ha collaborato con CoreTrust Purchasing Group per fornire servizi di automazione intelligente a oltre 3.200 aziende associate a CoreTrust. La suite include valutazioni strategiche, consulenza, sviluppo di soluzioni, implementazione e supporto continuo. Le offerte di ISG Automation comprendono automazione dei processi robotici (RPA), elaborazione del linguaggio naturale (NLP) e elaborazione intelligente dei documenti (IDP).

La partnership introduce anche ISG Automation on Demand™, una piattaforma cloud come servizio che consente la scalabilità flessibile dei bot software. Questa collaborazione mira ad aiutare i membri di CoreTrust a ottimizzare la spesa tecnologica e migliorare il ROI. CoreTrust, che gestisce oltre 7 miliardi di dollari di spese indirette annuali, vede questo come un passo strategico per migliorare i benefici per i membri in vari settori.

Information Services Group (ISG) se ha asociado con CoreTrust Purchasing Group para proporcionar servicios de automatización inteligente a más de 3,200 empresas miembros de CoreTrust. El paquete incluye evaluaciones estratégicas, consultoría, desarrollo de soluciones, implementación y soporte continuo. Las ofertas de ISG Automation abarcan automatización de procesos robóticos (RPA), procesamiento de lenguaje natural (NLP) y procesamiento inteligente de documentos (IDP).

La asociación también presenta ISG Automation on Demand™, una plataforma como servicio alojada en la nube que permite la escalabilidad flexible de bots de software. Esta colaboración busca ayudar a los miembros de CoreTrust a optimizar los gastos tecnológicos y mejorar el ROI. CoreTrust, que gestiona más de $7 mil millones en gastos indirectos anuales, ve esto como un movimiento estratégico para mejorar los beneficios de los miembros en diversas industrias.

정보 서비스 그룹(ISG)은 CoreTrust Purchasing Group과 협력하여 3,200개 이상의 CoreTrust 회원사에 지능형 자동화 서비스를 제공하고 있습니다. 이 패키지는 전략적 평가, 컨설팅, 솔루션 개발, 배포 및 지속적인 지원을 포함합니다. ISG 자동화의 서비스는 로봇 프로세스 자동화(RPA), 자연어 처리(NLP), 지능형 문서 처리(IDP)를 포괄합니다.

이번 파트너십은 또한 ISG Automation on Demand™를 도입합니다. 이는 소프트웨어 봇의 유연한 확장을 가능하게 하는 클라우드 기반 플랫폼 서비스입니다. 이 협력은 CoreTrust 회원들이 기술 지출을 최적화하고 ROI를 개선하도록 돕는 것을 목표로 합니다. CoreTrust는 연간 70억 달러 이상의 간접 지출을 관리하며, 이는 여러 산업에서 회원 혜택을 향상시키기 위한 전략적 움직임으로 보고 있습니다.

Information Services Group (ISG) s'est associée à CoreTrust Purchasing Group pour fournir des services d'automatisation intelligente à plus de 3 200 entreprises membres de CoreTrust. La suite comprend des évaluations stratégiques, du conseil, du développement de solutions, du déploiement et un support continu. Les offres d'ISG Automation englobent l'automatisation des processus robotiques (RPA), le traitement du langage naturel (NLP) et le traitement intelligent des documents (IDP).

Le partenariat introduit également ISG Automation on Demand™, une plateforme cloud en tant que service permettant une évolutivité flexible des bots logiciels. Cette collaboration vise à aider les membres de CoreTrust à optimiser leurs dépenses technologiques et à améliorer leur retour sur investissement (ROI). CoreTrust, qui gère plus de 7 milliards de dollars de dépenses indirectes annuelles, considère cela comme un mouvement stratégique pour améliorer les avantages des membres dans diverses industries.

Die Information Services Group (ISG) hat sich mit der CoreTrust Purchasing Group zusammengetan, um intelligente Automatisierungsdienste für über 3.200 CoreTrust-Mitgliedsunternehmen anzubieten. Das Paket umfasst strategische Bewertungen, Beratung, Lösungsentwicklung, Implementierung und fortlaufende Unterstützung. Die Angebote von ISG Automation beinhalten robotergestützte Prozessautomatisierung (RPA), natürliche Sprachverarbeitung (NLP) und intelligente Dokumentenverarbeitung (IDP).

Die Partnerschaft führt auch ISG Automation on Demand™ ein, eine cloudbasierte Plattform-as-a-Service, die eine flexible Skalierung von Software-Bots ermöglicht. Diese Zusammenarbeit zielt darauf ab, CoreTrust-Mitgliedern zu helfen, Technologieausgaben zu optimieren und die Rendite zu verbessern. CoreTrust, das über 7 Milliarden US-Dollar an jährlichen indirekten Ausgaben verwaltet, sieht dies als strategischen Schritt zur Verbesserung der Mitgliederleistungen in verschiedenen Branchen.

Positive
  • Partnership with CoreTrust expands ISG's potential client base to over 3,200 companies
  • Introduction of ISG Automation on Demand™ offers flexible, scalable automation solutions
  • Potential for additional technology and cost-optimization services in the future
Negative
  • None.

The partnership between Information Services Group (ISG) and CoreTrust is significant for several reasons. Firstly, ISG gains access to over 3,200 CoreTrust member companies, which translates to a vast potential customer base. This could drive revenue growth for ISG, especially through its intelligent automation services. Additionally, by offering automation services that can scale with demand, ISG is positioning itself as a flexible and responsive provider, which is particularly attractive in today's fluctuating economic environment. The financial implications for ISG are substantial as automation can lead to considerable cost savings and efficiency gains for client companies, further enhancing ISG's value proposition.

From a technological standpoint, ISG's focus on intelligent automation, including robotic process automation (RPA), natural language processing (NLP) and intelligent document processing (IDP), underscores its commitment to cutting-edge technology solutions. The partnership with CoreTrust allows ISG to showcase its capabilities in a practical setting with a broad and diverse client base. Additionally, the mention of generative AI and large language models highlights ISG's forward-thinking approach, aiming to stay ahead of technological trends. This could potentially set new standards in enterprise automation, offering innovative solutions that could attract more clients.

The move to engage with CoreTrust is a strategic one for ISG as it leverages CoreTrust's extensive network and cooperative purchasing model. This model typically results in better contract terms and cost savings for member companies, making ISG’s automation services even more attractive. The market dynamics here suggest a win-win situation: CoreTrust members gain access to advanced automation services and ISG taps into a large pool of potential clients, enhancing its market presence and competitiveness. This partnership could also serve as a benchmark for similar future collaborations in the industry.

New agreement allows ISG to support and optimize technology spending of more than 3,200 CoreTrust member companies

STAMFORD, Conn.--(BUSINESS WIRE)-- Information Services Group (ISG) (Nasdaq: III), a leading global technology research and advisory firm, said today that, in conjunction with CoreTrust Purchasing Group, a large Nashville-based commercial group purchasing organization, it will provide a suite of intelligent automation services to CoreTrust’s member companies.

More than 3,200 CoreTrust member companies will now be able to leverage a suite of ISG intelligent automation services, developed specifically for CoreTrust members, that includes strategic assessments, consulting, solution development and deployment, production support and ongoing center-of-excellence support, to quickly automate key business processes for greater labor and cost efficiency. The services are offered by ISG Automation, the firm’s pure-play intelligent automation business.

The suite also includes ISG Automation on Demand™, a cloud-hosted automation platform-as-a-service that allows clients to scale their use of software bots up or down depending on demand at any given moment.

“We are excited to offer a full range of our intelligent automation services to the membership of the CoreTrust group purchasing organization,” said Chip Wagner, CEO of ISG Automation. “With our deep expertise and broad-based partner ecosystem, enterprise clients trust us for all their business process automation needs and our ability to help them maximize ROI on their intelligent automation investments.”

CoreTrust drives more than $7 billion in annual indirect spending for member companies across such major verticals as retail, manufacturing, hospitality and finance. Its cooperative purchasing model delivers greater cost savings and better contract terms than companies could achieve on their own.

“With our size and scale, CoreTrust delivers price and speed advantages no other purchasing cooperative can match,” said Mahesh Shah, CEO of CoreTrust. “Our partnership with ISG represents a new strategic thrust to help our members improve the ROI on their technology spending.”

ISG is able to support enterprises that wish to build and operate their automation systems on premises as well as those that want to leverage ISG’s on-demand automation capabilities. ISG Automation supports commonly used automation tools such as robotic process automation (RPA), natural language processing (NLP) and intelligent document processing (IDP). ISG is also helping clients explore the use of generative AI and large language models to take their automation programs to the next level.

Intelligent automation is the first service ISG will offer under its partnership with CoreTrust, with additional technology and cost-optimization services planned in the future.

ISG Automation’s portfolio of services include automation assessments and strategy, proof-of-concept deployments, implementation and integration of software bots, establishment of Centers of Excellence to scale automation across the enterprise, training and organizational change management and ongoing technical support and managed services. For more information, visit this webpage.

About ISG

ISG (Information Services Group) (Nasdaq: III) is a leading global technology research and advisory firm. A trusted business partner to more than 900 clients, including more than 75 of the world’s top 100 enterprises, ISG is committed to helping corporations, public sector organizations, and service and technology providers achieve operational excellence and faster growth. The firm specializes in digital transformation services, including AI and automation, cloud and data analytics; sourcing advisory; managed governance and risk services; network carrier services; strategy and operations design; change management; market intelligence and technology research and analysis. Founded in 2006, and based in Stamford, Conn., ISG employs 1,600 digital-ready professionals operating in more than 20 countries—a global team known for its innovative thinking, market influence, deep industry and technology expertise, and world-class research and analytical capabilities based on the industry’s most comprehensive marketplace data. For more information, visit www.isg-one.com.

Press Contacts:

Will Thoretz, ISG

+1 203 517 3119

will.thoretz@isg-one.com

Julianna Sheridan, Matter Communications for ISG

+1 978-518-4520

isg@matternow.com

Source: Information Services Group, Inc.

FAQ

What services will ISG provide to CoreTrust members under the new agreement?

ISG will provide intelligent automation services including strategic assessments, consulting, solution development, deployment, production support, and ongoing center-of-excellence support to CoreTrust's 3,200+ member companies.

How does ISG Automation on Demand™ benefit CoreTrust members?

ISG Automation on Demand™ is a cloud-hosted automation platform-as-a-service that allows CoreTrust members to scale their use of software bots up or down based on demand, providing flexibility and cost efficiency.

What is the potential impact of the ISG-CoreTrust partnership on ISG's stock (Nasdaq: III)?

The partnership expands ISG's potential client base to over 3,200 companies, which could positively impact ISG's revenue and stock performance (Nasdaq: III) by increasing its market reach and service offerings.

What types of automation technologies does ISG support for CoreTrust members?

ISG supports commonly used automation tools such as robotic process automation (RPA), natural language processing (NLP), intelligent document processing (IDP), and is exploring the use of generative AI and large language models.

Information Services Group, Inc.

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