Welcome to our dedicated page for Information Services Group news (Ticker: III), a resource for investors and traders seeking the latest updates and insights on Information Services Group stock.
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 2024 ISG Provider Lens™ Cybersecurity report reveals that U.S. enterprises are intensifying their cybersecurity investments due to a surge in data breaches. Key findings include:
1. Healthcare and financial services are the most targeted sectors.
2. Companies are adopting AI for vulnerability analysis and prediction.
3. Extended Detection and Response (XDR) and Security Service Edge (SSE) are becoming essential.
4. Large enterprises are implementing Zero Trust Architectures (ZTAs).
5. SMBs are focusing on fundamental security measures and managed services.
The report evaluates 108 providers across ten quadrants, with IBM leading in six quadrants. Other notable leaders include Accenture, Deloitte, and TCS.
According to the 2024 ISG Provider Lens™ report, enterprises in France are shifting from a 'cloud first' to a 'cloud right' strategy, reassessing their hybrid cloud architectures. This new approach balances private and public cloud benefits, considering licensing costs, modernization expenses, and regulations on healthcare data, privacy, and data sovereignty.
The report highlights that service providers are well-prepared to help enterprises comply with certain new regulations, such as Hébergeur de Données de Santé (HDS) certification for healthcare and CNIL standards for data privacy. However, challenges remain in meeting strict French data sovereignty requirements, with few providers offering SecNumCloud certifications from ANSSI.
The report also notes that midmarket enterprises in France prioritize cost and performance over data sovereignty, enabling more flexible multicloud and hybrid infrastructures.
Information Services Group (ISG) (Nasdaq: III) hosted Startup Challenges at recent events in London and New York, showcasing innovative AI and automation solutions. SilkFlo, a SaaS platform for automation and AI pipeline management, won the challenge at the ISG Digital Business Summit in London. At the ISG Future Workplace Summit in New York, Kognitos, which enables business users to build automated workflows using natural language, emerged victorious. Ema, offering a universal AI employee that integrates with existing IT infrastructure, won at the ISG Xperience Summit in New York.
These challenges provide entrepreneurs with a platform to pitch their technologies directly to engaged technology leaders, helping them refine their strategies and gauge market interest. The winning solutions align with top enterprise priorities for AI, including creating long-term strategies and identifying use cases for revenue growth and improved customer experience.
The 2024 ISG Provider Lens™ report highlights Brazil's growing demand for data centers to support GenAI testing and development. Key points include:
1. Enterprises are moving away from on-premises data centers to managed hosting and colocation facilities.
2. GenAI requires significant energy, prompting plans for solar and wind farms.
3. Hybrid approaches allow data distribution across locations with private links.
4. Market expansion includes new providers, increased floor space, and international investment.
5. Colocation sites offer connectivity to major cloud providers and the Brazilian internet exchange.
6. Software-defined networking (SDN) enables virtual data centers across multiple locations.
The report evaluates 43 providers across four quadrants, naming several Leaders and Rising Stars in the Brazilian market.
L&T Technology Services (LTTS) has launched the third annual Digital Engineering Awards in collaboration with Information Services Group (ISG) and CNBC TV18. The awards recognize global engineering excellence and innovation, with nominations open to product companies, manufacturers, and OEMs worldwide until September 23, 2024. Winners will be announced on December 7, 2024, in Dallas, Texas.
The 2024 program builds on the success of previous years, which attracted over 200 nominations from more than 100 leading organizations globally. This year's awards are divided into two segments: Engineering The Change and Engineer At Heart, comprising 11 categories. New categories include AI Champion (Innovator) of the Year and AI Impact of the Year, reflecting recent shifts in technology and AI adoption.
The 2024 ISG Provider Lens™ report reveals that German enterprises are adjusting their cloud strategies due to economic downturn, focusing on cost optimization. Companies are reconsidering on-premises and private cloud environments, realizing not all workloads belong in the public cloud. Infrastructure modernization is seen as important for network security and meeting digital marketplace demands.
Service providers can assist in creating roadmaps for improving performance and reducing costs. The report highlights the risks of relying on outdated IT infrastructures and the importance of modernization despite its challenges. It also notes an increasing reliance on colocation services in Germany.
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.
The 2024 ISG Provider Lens™ report reveals that Dutch enterprises are seeking new ways to enhance cloud agility while reducing costs. Many companies in the Netherlands are already in the cloud migration phase, looking to optimize their transition to public, multicloud, and hybrid environments. The introduction of sovereign cloud is expected to accelerate this migration further.
Key findings include:
- Service providers are focusing on value-driven strategies to help organizations evaluate and execute workload migration
- The Dutch colocation market, one of Europe's largest, continues to grow due to rising demand for state-of-the-art data centers
- Edge computing solutions are driving further demand for colocation services
- Enterprise requirements for colocation data centers have significantly increased, including sustainability support and low-latency connections
The report evaluates 48 providers across two quadrants: Managed Services and Colocation Services, naming several Leaders in each category.
The 2024 ISG Provider Lens™ Cybersecurity report for Germany reveals that enterprises, especially SMEs, are increasingly relying on external providers for cybersecurity support due to rising cyberattacks and a shortage of experts. The report highlights that AI and quantum technology present both new threats and opportunities for cybersecurity providers. Despite the growing importance of cybersecurity, some IT managers face resistance from stakeholders when making a business case for investments. The report evaluates 109 providers across eight quadrants, naming several companies as Leaders in multiple categories. IBM leads in six quadrants, while Axians, Deutsche Telekom, and Eviden are Leaders in four each.
The ISG Market Lens™ Cloud Managed Services Study reveals significant shifts in enterprise cloud priorities. Cloud maturity has doubled since 2022, with over 50% of application categories now in the cloud, up from 23% two years ago. Cost optimization has become a top strategic motivator, cited by 34% of respondents, compared to 19% in 2022.
Key findings include:
- Cloud services now account for 17% of IT budgets
- 26% of respondents prioritize empowering cloud applications with AI capabilities
- 54% rate security SLAs as very good or excellent
- 27% of respondents can 'lift and shift' business applications to the cloud, double the 2022 figure
The study highlights a growing focus on AI in cloud strategies and a need for CIOs to align migration approaches with business leaders' preferences for speed and minimal changes.
FAQ
What is the current stock price of Information Services Group (III)?
What is the market cap of Information Services Group (III)?
What does Information Services Group, Inc. do?
Where is ISG headquartered?
When was ISG founded?
How many professionals does ISG employ?
What are the main services provided by ISG?
Which regions does ISG operate in?
Who are ISG's clients?
What recent achievements has ISG accomplished?
What makes ISG unique in its industry?
How can I stay updated on ISG's latest news?
