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Overview of Information Svrs (III)
Information Svrs (III) is a global technology research and advisory firm known for its expertise in digital transformation, automation, and cloud analytics. As a trusted expert in market intelligence and technology strategy, the firm provides deep, fact-based insights that help corporations, public sector organizations, and technology providers refine their operational models and achieve measurable performance improvements.
Rooted in detailed technology research and expert advisory services, Information Svrs delivers comprehensive sourcing advisory solutions that enable clients to navigate complex digital landscapes with clarity and precision. Its analytics-driven approach underscores key areas such as managed governance, risk management, and operational design, reinforcing its commitment to delivering unbiased and research-backed recommendations.
Core Business Areas and Service Offerings
Digital Transformation and Advisory Services: Information Svrs specializes in enabling digital transformation by integrating state-of-the-art automation and cloud-based data analytics. These services help organizations transition smoothly while ensuring continuous operational excellence.
Market Intelligence and Research: With a global network of industry experts, the company provides incisive market intelligence and analytical reports. This not only informs technology strategy but also supports sourcing advisory, change management, and strategic planning across diverse business ecosystems.
Global Reach and Market Position
Operating across pivotal regions such as the Americas, Europe, and Asia-Pacific, Information Svrs harnesses a diverse talent pool and comprehensive geographic insights, which serve to strengthen its competitive stance in the rapidly evolving technology sector. This expansive global reach helps the company tailor its advisory services to address region-specific challenges while maintaining a consistent focus on global technology trends.
Expert Analysis and Sector Diversification
- Digital Transformation: Focus on automation and integrating cloud-based analytics to improve business processes.
- Technology Strategy and Operations Design: Detailed advisory services that guide organizations through evolving technological demands.
- Risk Management and Governance: Managed services designed to mitigate risks and ensure compliance in a dynamic market.
- Market Intelligence: Comprehensive research that delivers actionable insights for strategic decision-making.
Balanced and Unbiased Expertise
Information Svrs remains dedicated to providing a balanced perspective in its analytical work. Its research methodologies emphasize transparency and precision, offering clients a reliable source of detailed advisory support. This includes extensive market research and analysis tailored to operational refinements and strategic adjustments across varied industries.
By integrating advanced technology insights with a global advisory framework, Information Svrs not only underscores its expertise in the digital space but also plays a pivotal role in enhancing the operational efficiencies of its diverse client base. The company’s approach is anchored in clear, fact-based analysis, ensuring that its recommendations remain relevant, unbiased, and comprehensively informative for decision-makers.
Information Services Group (Nasdaq: III) has launched a study examining technology products and services that aid enterprises in adapting to the future of work post-COVID-19. The findings will be released in the Future of Work – Services and Solutions report in October, covering enterprise solutions for user identity, data security, and collaboration. Over 200 providers were surveyed, leading to seven quadrants of evaluation, including Workplace Strategy Transformation Services and Unified Communications as a Service, among others. ISG aims to assist organizations in evaluating vendors and enhancing productivity.
ISG Automation, a division of Information Services Group (Nasdaq: III), has announced a partnership with Re:infer, a London-based AI platform provider. This collaboration aims to leverage Re:infer's machine learning technology to analyze vast amounts of conversational data, enabling businesses to extract actionable insights from both internal and external communications.
The partnership aligns with ISG Automation's strategy to enhance its automation solutions, potentially increasing client efficiency and customer satisfaction by automating the interpretation of unstructured data.
ISG (Nasdaq: III) has launched a study on the application development outsourcing market, with the Next-Gen Application Development and Maintenance (ADM) Services report due in September. This report will analyze various services, including cloud-native applications and security measures. It aims to assist enterprise buyers in evaluating vendor relationships and help ISG advisors recommend suitable providers. The research incorporates insights from over 175 ADM providers and will assess five quadrants of services. The global ADM market across the U.S., Germany, U.K., Brazil, and the Nordics will be examined.
According to the 2021 ISG Provider Lens Insurance BPO Platforms Report, insurers are increasingly reliant on technology partners to enhance customer experiences, improve legacy systems, and transition to cloud solutions. The report highlights that outdated systems hinder companies' capacity to innovate and adapt. Cloud adoption is seen as a means to enhance collaboration and accelerate growth. Key players like Duck Creek, DXC Technology, and Guidewire are identified as leaders in this sector. The need for automation and advanced analytics is emphasized for optimizing efficiency and data insights.
The 2021 ISG Provider Lens™ Mainframe Services & Solutions Report reveals that U.S. enterprises are increasingly interested in modernizing mainframe operations to boost agility and reduce costs. With a growing shift towards mainframe-as-a-service (MFaaS), companies can save 10-25% in costs. The report highlights that major organizations, including 92 of the top 100 banks, utilize IBM Z systems. However, many still cling to outdated myths regarding cloud capabilities. Key players like Atos, Capgemini, and IBM have been recognized as leaders in mainframe services.
Information Services Group (III) announced the initiation of a quarterly cash dividend of $0.03 per share, payable on June 18, 2021, to shareholders of record as of June 4, 2021. The company expects to maintain this dividend amount for the third quarter, with a total of $0.12 projected for the fiscal year ending March 2022. The decision reflects ISG's strong cash flow, reporting $44 million for 2020 and $12 million in Q1 2021. This marks the company's first dividend in 15 years, emphasizing its commitment to shareholder value and capital allocation strategy.
Information Services Group (III), a global technology research and advisory firm, reported record fee revenues for Q1 2021, totaling $66.6 million, marking a 4% increase year-over-year. Notably, fee revenues excluding reimbursable travel expenses rose 7%. The CEO highlighted a burgeoning demand for digital transformation post-COVID-19, aided by ISG's innovative operating model. A significant milestone includes a new automation contract valued at over $10 million. The company continues to experience improved margins and client growth opportunities.
According to a new report by Information Services Group (III), U.S. insurance companies are rapidly adopting digital technologies in response to operational disruptions caused by COVID-19. The report highlights that both life and retirement (L&R) and property and casualty (P&C) insurers are undergoing digital transformations at varying stages. Outsourcing business processes has become a crucial strategy for enhancing agility and efficiency, allowing insurers to leverage advanced technologies like robotic process automation (RPA) and artificial intelligence (AI), while improving customer experiences and data security.
ISG (Nasdaq: III) emphasizes the importance of enhancing customer experience in the banking, financial services, and insurance sectors during its upcoming TechXchange event on May 18-19. Experts will discuss digital transformations aimed at improving service personalization and operational efficiency. Keynote speakers include leaders from First Horizon Bank and Alliance Data Systems, focusing on evolving customer interactions and digital engagement strategies. The event will also feature discussions on the impact of hybrid work environments and data utilization in insurance, alongside startup pitches aiming to foster innovation.
Information Services Group (III), a global technology research and advisory firm, announced the retirement of CFO David Berger after nearly 12 years. Humberto 'Bert' Alfonso has been appointed to succeed him, effective June 7. Berger will assist in ongoing M&A projects during the transition. Alfonso brings over 30 years of experience, including executive roles at Hershey and Cadbury Schweppes, and has a proven track record in driving growth through M&As. The changes aim to support ISG's growth coming out of the pandemic, with Alfonso expected to enhance financial and legal affairs.