ISG to Ring Nasdaq Opening Bell

Rhea-AI Summary

Information Services Group (Nasdaq: III) celebrated its 15th anniversary by ringing the opening bell at the Nasdaq MarketSite in Times Square. Founded in 2006 with no revenues, ISG has grown to serve over 700 clients, generating nearly $300 million in annual revenues. CEO Michael P. Connors highlighted the firm's success, with share prices up 300% since the pandemic began in March 2020. ISG's new operating model, ISG NEXT, has driven significant demand for digital transformation services, marking 2021 as the company's best year.

Positive

• Annual revenues approaching $300 million.
• Share price up over 300% since March 2020.
• ISG experienced strong financial results in 2021.
• Rising client demand for digital transformation services.

Negative

• None.

Chairman and CEO Michael P. Connors to do the honors during today’s ceremony marking 15th anniversary of the firm’s founding in 2006

STAMFORD, Conn.--(BUSINESS WIRE)-- Information Services Group (ISG) (Nasdaq: III), a leading global technology research and advisory firm, will ring the opening bell at the Nasdaq MarketSite in New York’s Times Square today to mark the 15th anniversary of the firm’s founding in 2006.

ISG shares were first listed on Nasdaq on February 1, 2008 under the ticker symbol III.

“ISG was founded with no revenues and no payroll in 2006 and has since grown to become one of the world’s foremost technology research and advisory firms, with 1,300 world-class professionals serving more than 700 blue-chip clients and with annual revenues approaching $300 million,” said Michael P. Connors, chairman and CEO of ISG, who will ring the opening bell.

ISG, Connors said, is helping its clients on their continuous journeys to digital transformation, operational excellence and faster growth.

“As we begin to emerge from the worst of the pandemic, enterprises are doubling down on their digital investments to support better customer experiences, innovative new business models, and the changing nature of work itself,” Connors said. “More and more are turning to ISG for advice and support to realize their digital ambitions.”

Connors noted rising client demand, coupled with the impact of the firm’s new operating model, ISG NEXT, has produced strong financial results this year. ISG NEXT enhances the firm’s ability to offer integrated digital and enterprise solutions, and support clients across borders and time zones through the primarily virtual ISG iFlex™ global delivery network.

“With the success of ISG NEXT, and rising digital demand, ISG has had its best year ever in 2021, and investors have taken note,” said Connors. “Our share price is up over 300 percent since the start of the pandemic in March 2020, and that puts ISG near the top of the list of Nasdaq’s fastest-growing stocks.”

Connors thanked ISG employees, clients and loyal investors for their support—this year and throughout the 15-year history of the firm.

“Our commitment to helping clients achieve operational excellence and faster growth and creating long-term value for our shareholders has never been stronger,” said Connors.

The Nasdaq opening bell ceremony will be webcast live today starting at 9 a.m., U.S. Eastern Time.

About ISG

ISG (Information Services Group) (Nasdaq: III) is a leading global technology research and advisory firm. A trusted business partner to more than 700 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 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 more than 1,300 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211208005083/en/

Press:

Will Thoretz, ISG

+1 203 517 3119

will.thoretz@isg-one.com

Erik Arvidson, Matter Communications for ISG

+1 617 755 2985

isg@matternow.com

Source: Information Services Group, Inc.

FAQ

What is the significance of ISG's 15th anniversary?

ISG marked its 15th anniversary by ringing the opening bell at Nasdaq, highlighting its growth from zero revenues to nearly $300 million in annual revenues.

What has contributed to ISG's significant stock price increase?

ISG's share price has risen over 300% since March 2020 due to strong financial results and rising demand for digital transformation services.

How many clients does ISG serve?

ISG serves over 700 clients, including more than 75 of the world's top 100 enterprises.

What is ISG NEXT?

ISG NEXT is the firm's new operating model that enhances its ability to provide integrated digital and enterprise solutions.

When did ISG get listed on Nasdaq?

ISG shares were first listed on Nasdaq on February 1, 2008, under the ticker symbol III.