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Information Services Group, Inc. - III STOCK NEWS

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.

News

GEP NAMED 'LEADER' IN GLOBAL PROCUREMENT SOFTWARE PLATFORMS BY TOP ANALYST FIRM FOR FOURTH YEAR IN A ROW

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GEP has been named a 'Leader' in global procurement software platforms by a top analyst firm for the fourth consecutive year. The recognition highlights GEP's innovation with AI, low-code/no-code, and sustainability tools, solidifying its position as the preferred partner for procurement transformation.
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Firms Adapt Procurement Strategies to Changing Conditions

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Enterprises are re-evaluating their procurement strategies to adapt to changing business requirements and technologies, as highlighted in the 2024 ISG Provider Lens™ global Procurement Services report. The report emphasizes the need for agile, efficient, and resilient procurement systems that leverage data-driven decision-making, strategic sourcing, and AI technologies. Companies are focusing on building long-term supplier partnerships, improving environmental and ethical sourcing practices, and exploring blockchain technology. The report also addresses challenges such as talent shortages and digital transformation barriers.
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Microsoft Copilot Aims to Help U.K. Firms Navigate Cloud

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Microsoft's Copilot, powered by GenAI, is set to revolutionize the way U.K. enterprises work with Microsoft clouds, according to a new ISG Provider Lens™ report. The introduction of Copilot will change worker roles and bring about new solutions, services, and ways of working. GenAI capabilities are not to Copilot but also extend to various aspects of Microsoft clouds, promising transformation in the coming years. While U.K. enterprises are intrigued by GenAI, concerns around data security and privacy remain. Providers are emphasizing advisory and consulting services to address these concerns and facilitate the adoption of GenAI tools for Microsoft clouds.
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Asia Pacific’s IT, Business Services Market Delivers ‘Resurgent’ Q1, ISG Index™ Finds

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The Asia Pacific IT and business services market showed a strong performance in Q1, with spending reaching over US $5 billion, breaking a streak of 5 negative quarters. Managed services ACV rose 18%, XaaS ACV climbed 27%, BPO grew 72%, while ITO declined 1%. BFSI sector led growth, while Australia-New Zealand market declined. ISG forecasts 3% growth for managed services and 15% for XaaS in 2024.
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GEP NAMED 'LEADER' IN MULTIPLE GLOBAL PROCUREMENT SERVICES REPORTS BY TOP ANALYST FOR FOURTH YEAR IN A ROW

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GEP has been named a 'Leader' in multiple global procurement services reports by a top analyst for the fourth consecutive year. The company's ability to address complex categories in sourcing and spend management, along with its success in global engagements, solidifies its position as the ideal global partner for transforming procurement, supply chain, and business operations.
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Americas IT and Business Services Industry Sees Continuing Decline in Q1: ISG Index

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The Americas IT and Business Services Industry experienced a 3% decline in Q1, with managed services down by 8% and XaaS up by 1%. The BFSI sector accounted for over 70% of the managed services decline. Despite economic and geopolitical concerns, the market is showing signs of improvement, with a slowdown in the rate of decline compared to previous quarters. ISG forecasts a 3% growth for managed services and a 15% revenue growth for XaaS in 2024.
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European Firms Seek New Ways to Modernize Mainframes

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European Firms Seek New Ways to Modernize Mainframes: ISG Provider Lens™ Report Highlights Shift Towards Hybrid Modernization Strategies, AI-First Approach, and Embrace of Automation Technologies
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Cloud Migrations Boost Australian Microsoft Ecosystem

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Australian enterprises are rapidly adopting cloud strategies, boosting the Microsoft ecosystem, according to the ISG Provider Lens™ report. The report highlights the expansion of the country's cloud ecosystem driven by digital transformations and cloud implementations.
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U.S. Firms Embrace Microsoft Clouds as Needs Evolve

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U.S. enterprises are rapidly adopting Microsoft cloud platforms due to their cost-effectiveness and seamless integration with other Microsoft technologies, leading to the country being the primary market for Microsoft cloud services. The ISG Provider Lens™ report highlights the growth of Microsoft's ecosystem, the rise of citizen developers using low-code/no-code development tools, and the increasing focus on generative AI (GenAI) applications. Azure's capabilities in supporting SAP environments and enabling GenAI development are key factors driving adoption. The report also addresses the challenges faced by U.S. enterprises in optimizing cloud costs and navigating complex technology landscapes.
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Europe’s IT, Business Services Sector on the Rebound in Q1: ISG Index™

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Europe's IT and Business Services Sector Rebounds in Q1 with 2.5% Market Growth, Led by BFSI Sector: ISG Index™
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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 $3.53 as of November 22, 2024.

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

The market cap of Information Services Group (III) is approximately 171.8M.

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.

Stock III logo
Information Services Group, Inc.

Nasdaq:III

III Rankings

#3984 Ranked by Market Cap
#548 Ranked by Dividends

III Stock Data

171.75M
35.04M
28.63%
60.93%
0.26%
Information Technology Services
Services-management Consulting Services
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United States of America
STAMFORD