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Information Services Group, Inc. (Nasdaq: III) is a renowned global technology research and advisory firm headquartered in Stamford, Connecticut. Established in 2006, ISG has rapidly evolved to become a trusted business partner to over 700 clients worldwide, including 75 of the world's top 100 enterprises. The company's core mission is to assist corporations, public sector organizations, and service and technology providers in attaining operational excellence and accelerated growth.
ISG specializes in a broad range of digital transformation services such as automation, cloud and data analytics, and sourcing advisory. Additionally, the firm offers managed governance and risk services, network carrier services, technology strategy and operations design, change management, market intelligence, and technology research and analysis. With an employee base of over 1,300 professionals across more than 20 countries, ISG's global team is celebrated for its innovative thinking, market influence, deep industry and technology expertise, and exceptional research and analytical capabilities.
The company's operations are predominantly divided into three geographical segments: the Americas, Europe, and the Asia-Pacific, with the majority of its revenue coming from the Americas. ISG provides fact-based sourcing advisory services and has carved a niche for itself as a leader in this domain.
Recent achievements include strategic partnerships with several key technology providers, driving collaborative innovation and delivering enhanced value to clients. ISG's latest projects focus on leveraging advanced technologies to streamline operations and foster business growth for its clients. The firm’s commitment to innovation and excellence has been a driving force behind its sustained growth and industry leadership.
For the latest updates and detailed information on ISG's performance, events, and developments, investors and stakeholders can explore the most recent news and announcements from the company.
The 2021 ISG Provider Lens™ Salesforce Ecosystem Partners report highlights the accelerated adoption of Salesforce products among enterprises, driving increased licensing revenue. As demand for implementation resources rises, global system integrators are acquiring midsize partners. Salesforce's industry-specific offerings, including Financial Services Cloud, are expanding its ecosystem. The report evaluates 40 providers, with Persistent recognized as a leader in three quadrants. Other notable leaders include Accenture and Cognizant. Customized report options are available for interested clients.
ISG (Nasdaq: III) reports that the pandemic will accelerate the full-scale implementation of smart manufacturing technologies, with investments expected to exceed $400 billion by 2025, a 30% increase from previous estimates. Despite an initial investment decline due to COVID-19, the crisis prompted companies to enhance resiliency in supply chains and improve customer experiences. The ISG TechXchange: Smart Manufacturing 2021 event, scheduled for April 13-14, will feature industry leaders discussing advancements in Industry 4.0 and 5.0, highlighting the robust interest in cybersecurity, cloud, and IoT applications.
Information Services Group (ISG) (Nasdaq: III) has initiated a research study focusing on service providers that are facilitating enterprise adoption of Internet of Things (IoT) technologies. This study aims to enhance decision-making and improve business processes and customer interactions. The findings will be published in the ISG Provider Lens™ report titled Internet of Things – Services and Solutions 2021, set for release in July. The report will provide insights into IoT consulting, implementation, and management services, helping enterprises assess their vendor relationships and optimize IoT strategies.
The 2021 ISG Provider Lens Procurement Platforms Global Report highlights how businesses are shifting towards procurement platform providers for efficiency and cost-effectiveness amid pandemic challenges. The report indicates that procurement platform providers are enhancing offerings through software interoperability, data management, and user experience improvements. It identifies Concentric, Coupa, GEP, iValua, JAGGAER, Oracle, SAP Ariba/Fieldglass, and Tradeshift as leaders in procurement optimization, while Proactis is noted as a rising star.
The 2021 ISG Provider Lens Procurement BPO and Transformation Services Global Report highlights a trend among enterprises leveraging business process outsourcing to enhance procurement amidst COVID-19 challenges. The report emphasizes the need for organizations to transform their procurement functions for greater agility and efficiency. Key players like Accenture, Genpact, and IBM are recognized as leaders in the field. The report also notes rising investments in technology, including AI and machine learning, to improve procurement services and operational transitions.
The U.S. healthcare industry is rapidly adopting digital services due to the COVID-19 pandemic, according to a report by Information Services Group (III). The 2020 ISG Provider Lens Healthcare Digital Services report highlights increased use of telemedicine, connected healthcare monitoring, robotic process automation (RPA), and artificial intelligence (AI). Nearly 400 IT contracts are expected to expire between 2021 and 2023, driving further digital transformation. The report names Accenture, Cognizant, NTT DATA, and Wipro as Leaders across multiple quadrants, indicating significant shifts in healthcare technology adoption.
The ISG Provider Lens™ report reveals that the life sciences industry faces significant pressure to adopt digital innovation as a result of the COVID-19 pandemic and other trends. Key challenges include growing public demand for efficient digital healthcare and an aging population. The report highlights that biopharma companies are increasingly relying on contract research organizations (CROs) for strategic activities, while manufacturing supply chains are becoming more automated. Leading companies in this sector include Capgemini, Cognizant, and HCL. Customized report versions are available for purchase.
Information Services Group (ISG) forecasts strong growth in smart manufacturing and edge computing for 2021, driven by advanced technologies and supply chain strategies. Upcoming ISG Smartalks™ webinars will cover new manufacturing operating models and the implications of 5G on edge computing. Experts emphasize that manufacturers must adopt digital workflows to adapt to market disruptions caused by the pandemic. ISG, a global tech research firm, continues to advise over 700 clients on achieving operational excellence and digital transformation.
ISG (Nasdaq: III) emphasizes the need for businesses to adopt personalized strategies and innovative technologies to enhance customer experiences in a post-pandemic environment. During the upcoming ISG Xperience Summit on March 30-31, industry leaders will discuss the importance of leveraging technology for customer engagement and operational efficiency. Key topics include enhancing loyalty programs, remote automation, and utilizing AI for data-driven insights. The event features notable speakers focusing on personalized customer experiences and adapting to consumer behaviors.
Information Services Group (ISG) (Nasdaq: III) announced its fourth-quarter 2020 financial results, reporting $66.4 million in revenues, an 8% increase sequentially. The company's cash flow from operations reached $7 million for the quarter, totaling $44 million for the year, with a cash balance of $43.7 million—more than double from the previous year. Digital revenues surpassed 50%, and ISG launched a new operating model, ISG NEXT, aimed at enhancing growth and market leadership.
ISG anticipates first-quarter 2021 revenues between $63 million and $65 million, with adjusted EBITDA doubling year-over-year.
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