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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.

Rhea-AI Summary
Information Services Group (ISG) reports fourth-quarter GAAP revenues of $66 million with a net loss of $2.9 million. The company launches ISG Tango™, a groundbreaking sourcing platform, and achieves record full-year revenues of $291 million. ISG sets first-quarter guidance and declares a dividend of $0.045 per share.
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ISG Provider Lens™ report to assess providers aiding retail and CPG companies in digital transformation amidst ongoing business challenges. The report will cover services for business transformation, digital innovation, platform modernization, and managed services, aiming to help enterprises adapt to market changes and meet customer demands.
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ISG Provider Lens™ reports will evaluate analytics service providers for supply chain, retail, and life sciences/healthcare. The study aims to help enterprises maximize benefits from analytics and AI to transform business processes. The reports will be released in stages from July to September 2024, focusing on specific industries seeking to leverage AI-driven analytics for critical business outcomes.
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ISG announces winners of the 2024 ISG Paragon Awards ANZ, recognizing innovative sourcing industry partnerships. Winners include PWC Australia, Tech Mahindra, AC3, Infosys, and Ramco.
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Brazil leads in sustainability and ESG initiatives, incorporating global standards and driving demand for sustainable solutions, according to ISG Provider Lens™ report. Enterprises face challenges in fulfilling commitments and communicating effectively with stakeholders. New ESG rating methodologies focusing on social and governance factors are emerging, with AI and ML playing a crucial role. The report highlights the importance of ESG compliance, shortage of qualified professionals, and evaluates 81 providers in various sectors.
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Information Services Group (ISG) (Nasdaq: III) receives Great Place to Work Certification™ in Australia for the third consecutive year based on employee survey results.
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Global survey reveals that enterprises are doubling AI-enabled applications by 2024, with a focus on long-term AI strategy, new revenue streams, and customer experience. Respondents expect to increase AI applications from 251 to 488 by the end of 2024, with a shift in AI spending to 3.7% of the IT budget. Key AI use cases include cost optimization, predictive operations, and customer-facing recommendation engines.
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ISG's 2023 Annual Star of Excellence™ CX Insights Report shows improved ratings for technology and business services providers, particularly in AI services. The report highlights increasing customer experience scores across all performance categories, with midsized providers receiving the highest average scores. AI services are in high demand, with enterprises willing to pay more for AI features. While most performance categories saw year-on-year improvements, the report notes lower scores in certain technology areas like Payroll/Benefits Administration and supply chain services.
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The ISG Provider Lens™ report highlights the growing focus on digital innovation in Brazil across various sectors. The report emphasizes the role of service providers in driving digital transformation and creating value through innovative solutions. Key technologies such as AI, IoT, AR, and VR are being leveraged to enhance customer experiences and improve efficiency.
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ISG Xperience Summit to focus on customer experience transformation with leading industry experts and global businesses. Two-thirds of organizations set to enhance analytics and customer data integration by 2027 for improved customer loyalty and value.
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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.

Information Services Group, Inc.

Nasdaq:III

III Rankings

III Stock Data

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