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Information Services Group, Inc. - III STOCK NEWS

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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.

Rhea-AI Summary

Information Services Group (ISG) released a new study revealing enterprise leaders plan to increase AI spending by 5.7% in 2025, despite overall IT budgets growing only 1.8%. The average IT budget increase is projected at $11.5 million, with AI accounting for $3.4 million (30%) of that increase.

Nearly 25% of respondents plan to increase AI spending by 10% or more. The study also shows increased spending on IT security, applications, and customer experience initiatives. Almost half of IT spending is allocated to staffing, with expected increases of 1.1% for internal staff and under 1% for outsourced staff in 2025.

Most enterprises plan to maintain their current number of providers, with over one-third expecting to expand engagement with their largest provider, and about half planning to engage new providers for niche projects.

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Information Services Group (ISG) reports that Brazilian enterprises are increasingly investing in digital technologies, including generative AI, to enhance supply chain operations. The 2024 ISG Provider Lens™ Supply Chain Services report highlights how companies are leveraging advanced analytics, remote sensing devices, and integrated software platforms to improve supply chain performance and resilience.

Organizations are applying AI solutions to enterprise resource planning, advanced planning systems, and control towers. The implementation of these technologies helps predict and respond to sales peaks, manage material movement, and support circular economy initiatives. Given Brazil's vast geography, there's particular emphasis on distribution solutions like control towers and warehouse management systems.

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Information Services Group (ISG) reports growing demand for AWS services in Mexico as enterprises increasingly adopt cloud solutions for digital transformation. The 2024 ISG Provider Lens™ AWS Ecosystem Partners report highlights how Mexican companies are leveraging AWS infrastructure to improve agility, operational efficiency, and competitiveness.

The report identifies key trends including increased focus on application modernization, cloud-native development, and AI adoption. Mexican organizations currently prefer single-cloud solutions, though multicloud strategies may emerge. Data governance and FinOps solutions are priorities, with growing interest in GenAI applications. The study evaluates 32 providers across four quadrants, with Accenture and Rackspace Technology named as Leaders in all categories.

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Persistent Systems has been awarded the prestigious 2024 ISG Star of Excellence™ Overall Award for superior customer experience. The company also secured awards in three additional categories: Most Adaptable Partner, Universal Information Technology Outsourcing (ITO), and Outstanding Service in the Americas Region.

The recognition is based on direct enterprise customer feedback, with Persistent achieving an exceptional customer experience score of 87.9, significantly higher than the industry benchmark of 72.7. The evaluation covered key areas including business continuity, collaboration, execution, governance, innovation, and cultural fit. Persistent was the only provider to win in four categories, demonstrating their commitment to delivering exceptional value and building strong client relationships.

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Information Services Group (ISG) has announced its 2025 research plan, combining ISG Provider Lens™ and ISG Buyers Guide™ reports into a unified agenda of nearly 200 studies. The plan focuses heavily on AI's impact on enterprise technology and includes 50 Provider Lens studies and over 135 Buyers Guides.

The research will expand into new areas including aerospace and defense, VMware ecosystem, real-time data, and sovereign cloud. The reports are organized into five categories: Artificial Intelligence, Business & Technologies, Ecosystem Intelligence, Information Technology, and Vertical Industries.

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ISG has launched a research study evaluating HR outsourcing (HRO) service providers that deliver transformational business value through AI integration. The study will result in two ISG Provider Lens™ reports, scheduled for March 2025, covering providers of multiprocess HRO, health and welfare benefits administration, and workforce recruitment services.

The research will analyze providers across three quadrants: Multiprocess HRO Services, Health and Welfare Benefits Administration Services, and Recruitment Process Outsourcing. ISG has distributed surveys to nearly 70 HRO providers serving U.S. and global markets, focusing on providers that enable digital transformation, enhance employee engagement, and deliver data-driven insights.

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Conduent (Nasdaq: CNDT) has been recognized as a Leader in the 2024 ISG Customer Experience Services Provider Lens™ report for both U.S. and Europe markets. This marks the fourth consecutive year of leadership recognition across three quadrants: Digital Operations, Intelligent Agent Experience, and Intelligent CX.

The report highlights Conduent's CXNow cloud-based platform, which manages the entire customer journey using AI-driven processes and 24/7 omnichannel experiences. Their CX analytics solutions leverage AI and machine learning for interaction analysis, while their intelligent CX services utilize cognitive AI for automated conversations and personalized experiences across voice, webchats, and texts.

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Information Services Group (ISG) presented the 2024 ISG Star of Excellence Awards to Accenture, Capgemini, and Persistent Systems for demonstrating exceptional customer service excellence based on enterprise customer feedback. The awards ceremony took place at the ISG Sourcing Industry Awards Gala Dinner in London.

The winners were selected from over 2,000 evaluated service providers, with feedback from enterprise clients across Americas, EMEA, and Asia Pacific. The evaluation covered areas including Business Continuity, Collaboration, Execution, Governance, Innovation, and Cultural Fit. Notable achievements include Persistent Systems winning four awards across categories, while Capgemini, HPE, and LTIMindtree secured two awards each.

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Information Services Group (ISG) has announced the winners of the 2024 ISG Paragon Awards™ for EMEA, recognizing innovative technology and AI implementations in sourcing partnerships. The program received over 80 applications from more than 35 providers. Infosys secured two awards: the AI Pacesetter award with Danske Bank and Excellence award with British Telecom. Other winners include Whatfix with Sophos for Innovation, LTIMindtree with Scania CV AB for Transformation, and Microland with Clifford Chance for Workplace of the Future. The awards ceremony took place at the Fairmont Windsor Park in London.

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Information Services Group (ISG) reports that Brazilian enterprises are increasingly adopting generative AI to enhance productivity, overcoming initial skepticism about issues like hallucinations and data leaks. Companies are implementing GenAI for personalized customer service, software development, and data analysis. The technology is being used to translate legacy programming languages, automate development cycles, and generate analyses including graphs and maps.

Service providers are helping large enterprises implement control procedures while offering preconfigured solutions for midsize companies. The 2024 ISG Provider Lens™ study evaluates 37 providers across four quadrants, with several companies named as Leaders and Rising Stars in multiple categories.

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FAQ

What is the current stock price of Information Services Group (III)?

The current stock price of Information Services Group (III) is $3.35 as of December 20, 2024.

What is the market cap of Information Services Group (III)?

The market cap of Information Services Group (III) is approximately 169.3M.

What does Information Services Group, Inc. do?

ISG is a global technology research and advisory firm specializing in digital transformation services, sourcing advisory, managed governance, and more.

Where is ISG headquartered?

ISG is headquartered in Stamford, Connecticut, USA.

When was ISG founded?

ISG was founded in 2006.

How many professionals does ISG employ?

ISG employs over 1,300 professionals.

What are the main services provided by ISG?

ISG provides services including automation, cloud and data analytics, sourcing advisory, managed governance and risk services, and technology strategy and operations design.

Which regions does ISG operate in?

ISG operates in the Americas, Europe, and the Asia-Pacific.

Who are ISG's clients?

ISG serves over 700 clients, including 75 of the top 100 enterprises globally.

What recent achievements has ISG accomplished?

ISG has formed strategic partnerships with key technology providers and is focused on innovative projects that leverage advanced technologies.

What makes ISG unique in its industry?

ISG is known for its innovative thinking, market influence, deep industry expertise, and world-class research and analytical capabilities.

How can I stay updated on ISG's latest news?

You can stay updated on ISG's latest performance, events, and developments by exploring the most recent news and announcements from the company.

Information Services Group, Inc.

Nasdaq:III

III Rankings

III Stock Data

169.30M
34.92M
28.57%
60.95%
0.28%
Information Technology Services
Services-management Consulting Services
Link
United States of America
STAMFORD