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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

Disruptions Intensify Need for Holistic Change Management

Rhea-AI Summary
The 2023 ISG Provider Lens™ OCM Platforms and Tools global report by Information Services Group (Nasdaq: III) highlights the growing need for end-to-end organizational change management (OCM) platforms that offer a comprehensive view of change. The report emphasizes the importance of holistic OCM in effectively managing digital transformation, new workforce trends, and global business changes. It also discusses the benefits of OCM platforms in increasing employee engagement, reducing costs, improving compliance, and providing a better employee experience. The report evaluates 51 providers across OCM, Training, and Communication Platforms, naming leaders and rising stars in each quadrant.
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Media Firms Shine Spotlight on Retaining Customers

Rhea-AI Summary
The ISG Provider Lens™ report highlights the focus of telecom, media, and entertainment (TME) enterprises on improving customer experience and leveraging digital technology to retain existing customers and tap into new revenue opportunities. The report emphasizes the importance of adopting a customer-centric approach to increase customer satisfaction and reduce churn. It also discusses the shift towards a platform-based business model, integration of cloud-connected ecosystems, and the benefits of AI- and ML-based end user and network data. The report evaluates the capabilities of 38 providers across four quadrants, naming several companies as Leaders and Rising Stars in different categories.
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5.29%
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ISG to Publish Report Assessing eMobility Services and Solutions Providers

Rhea-AI Summary
ISG (Nasdaq: III) has launched a study on eMobility services and solutions, aiming to reduce CO2 and greenhouse gases. The upcoming ISG Provider Lens™ report will cover Mobility as a Service, Electric Mobility Systems, and manufacturing, to be released in June 2024. Enterprise buyers and ISG advisors will benefit from the report to evaluate vendor relationships and recommend providers.
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AI Shows Signs of Maturity, Expansion in Brazil

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The 2023 ISG Provider Lens™ Analytics Services report for Brazil reveals that the revolution in artificial intelligence has arrived in Brazil, with companies adopting AI solutions to automate processes, reduce costs, and enable better decision-making. The report highlights the growing demand for applications dedicated to handling data assets and the adoption of a decentralized data mesh architectural model. The report evaluates the capabilities of 42 providers across six quadrants, naming several companies as Leaders and Rising Stars in different categories.
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1.34%
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Asia Pacific Cloud Spend Rebounds in Q4, ISG Index™ Finds

Rhea-AI Summary
XaaS spending in Q4 increased by 10% compared to the prior year, while managed services fell by 34%. ISG forecasts a 15% XaaS revenue growth and 4.25% managed services growth globally in 2024. The Asia Pacific ISG Index™ reported a 10% year-on-year increase in XaaS spending, with infrastructure-as-a-service (IaaS) ACV advancing by 9% and software-as-a-service (SaaS) climbing by 18%. However, managed services ACV dropped by 34% year on year. The full-year results for Asia Pacific's combined market showed a 9% decline in ACV, with managed services ACV up by 1.5% and XaaS segment declining by 11%. ISG is forecasting a 15% revenue growth for XaaS and 4.25% growth for managed services in 2024.
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1.34%
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Americas Demand for IT, Business Services Slows in Q4, Amid Economic Concerns, ISG Index™ Finds

Rhea-AI Summary
The Information Services Group (ISG) reported a 5% decline in the combined market for IT and business services in the Americas in the fourth quarter, driven by lower demand for XaaS and a 4.25% growth forecast for managed services in 2024. The managed services segment saw a 5% growth in the fourth quarter, while XaaS revenue declined by 14.5% for the full year. Despite challenges, ISG expects a rebound in the market in 2024, with a positive impact from artificial intelligence technology.
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ISG to Publish Report on Insurance Platform Solutions

Rhea-AI Summary
Information Services Group (ISG) (Nasdaq: III) has launched a research study examining providers of insurance platform solutions that enable insurers to develop and deliver relevant, personalized products for increasingly demanding customers. The study results will be published in a comprehensive series of ISG Provider Lens™ reports, called Insurance Platform Solutions, scheduled to be released in June. The reports will cover companies offering modern platforms to both life and retirement and property and casualty insurers, providing valuable insights for enterprise buyers and ISG advisors.
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U.S. Firms Start Aiming GenAI at Business Challenges

Rhea-AI Summary
The 2023 ISG Provider Lens™ Analytics Services report for the U.S. reveals that many enterprises are investing in generative AI (GenAI) for data-driven decision-making amid economic uncertainty. The report highlights the importance of GenAI adoption, focusing on knowledge management, functional process optimization, and transforming products. It also emphasizes the significance of good data over big data, the role of GenAI in emerging use cases for analytics, the democratization of data, and the potential impact of upcoming legislation on GenAI implementations.
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Sequential Growth in Q4 Could Signal Start of Rebound for Europe’s IT, Business Services Sector: ISG Index™

Rhea-AI Summary
The latest state-of-the-industry report from Information Services Group (ISG) indicates a potential market rebound in Europe, with the combined market up 4% from Q3, but down 1% year on year. Managed services generated a record full-year ACV, up 4%. The report forecasts a 4.25% growth for managed services and 15% revenue growth for XaaS in 2024.
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3.17%
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Enterprise Spending on Application Development and Maintenance Increases, Driven by Interest in AI

Rhea-AI Summary
ISG study finds that planned enterprise spending on application development will rise by nearly five percent in the coming year, driven by interest in realizing the business benefits of AI technologies. The study also highlights IT service management and ERP applications as key areas for cost optimization.
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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.

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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
Link
United States of America
STAMFORD