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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

German Firms Using Multicloud Approach to Gain Flexibility

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The 2023 ISG Provider Lens™ Multi Public Cloud Services report for Germany, published by Information Services Group (ISG) (Nasdaq: III), highlights the rapid expansion of the cloud services market in Germany. The report indicates the increasing adoption of hybrid or multicloud environments by German companies to negotiate usage prices and maintain flexibility. The importance of FinOps tools to optimize cloud costs has grown significantly, with service providers playing a crucial role in cost management. The report evaluates the capabilities of 94 providers across eight quadrants, naming several companies as Leaders and Rising Stars.
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Thinking Local Is Key for EU’s Cloud Service Providers

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European service providers are partnering with global hyperscalers to offer sovereign cloud services that comply with EU regulations, according to the 2023 ISG Provider Lens™ Multi Public Cloud Services report by Information Services Group (Nasdaq: III). The report highlights the growing number of partnerships between local providers and global hyperscalers, the impact of the Gaia-X initiative, and the focus on data residency and security in the European cloud market.
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ISG Launches Suite of Applied AI Advisory Services

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Information Services Group (ISG) (Nasdaq: III) has launched a new suite of advisory services to help clients navigate the complexities of adopting artificial intelligence at scale. ISG Research forecasts the global market for AI-related managed services to reach $175 billion by 2030. The firm is already working with a global hospitality and entertainment company, a major U.S. manufacturer, two major global insurance companies, and a U.S. state government on AI engagements.
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U.S. Firms Look to AI for More Powerful Automation

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ISG (Nasdaq: III) report reveals U.S. enterprises embracing innovative automation platforms to improve processes and user experience, with a focus on AI and ML features, especially generative AI (Gen AI). Intelligent automation platforms are improving in areas like conversational AI, document processing, and process discovery and mining.
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ISG to Publish Report on Finance and Accounting Platforms

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Information Services Group (ISG) (Nasdaq: III) has launched a research study examining providers of finance and accounting (F&A) platforms that help organizations grapple with an increasingly complex financial environment. The study will be published in a comprehensive ISG Provider Lens™ report, titled Finance and Accounting Platforms, scheduled to be released in May 2024. The report will cover platform providers for Invoice to Cash (I2C) and Record to Report (R2R) processes, enabling enterprise buyers to evaluate their current vendor relationships, potential new engagements, and available offerings. ISG has distributed surveys to more than 20 F&A platform providers, and the report will examine finance and accounting platforms available globally. The study will feature new and expanded customer experience (CX) data based on ISG's continuous CX research.
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U.S. Public Sector Seeks Partners as Cloud Use Expands

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The 2023 ISG Provider Lens™ Multi Public Cloud Services report for the U.S. public sector, published by Information Services Group (ISG) (III), reveals that rising cloud investments in the U.S. public sector have led to increased cloud adoption among state, local, and educational (SLED) organizations. Despite the slow growth of cloud infrastructure and platform services, the demand for cloud-related services has grown significantly, with more providers entering the market. The report evaluates the capabilities of 37 providers across four quadrants and names several industry leaders, including IBM, Accenture, AWS, CGI, Deloitte, Infosys, Kyndryl, Microsoft, Rackspace Technology, and Unisys.
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Europe’s Insurers Modernizing Amid Mounting Challenges

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European insurers are seeking agile, tech-savvy approaches to business amidst challenging macroeconomic conditions, new market risks, and changing customer demands, according to the 2023 ISG Provider Lens™ Insurance Services report for Europe. The report emphasizes the need for insurers to modernize their legacy systems to combat new competitive pressures and rising costs. Service providers with digital IT skills and industry experience are being sought after to help transform business models, creating immense value through IT, business process, and insurance domain capabilities. The report also highlights the impact of inflation, interest rates, regulatory pressure, cybersecurity, climate risks, and changing technology on European insurers. Despite these challenges, insurers have viable options for coping, including embracing new technologies, re-evaluating old ways of doing business, increasing cooperation and efficiency, and pursuing innovations. The report evaluates the capabilities of 36 providers across Life and Retirement (L&R) Insurance BPO Services, Property and Casualty (P&C) Insurance BPO Services, and Insurance ITO Services, naming several companies as Leaders and Rising Stars in different quadrants.
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Nordic Firms Seek New Ways to Make Multicloud Pay

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ISG (Nasdaq: III) Report: Nordic Enterprises Pursue Cost Efficiency Amid Cloud Expenditure Rise
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Brazil’s Banks Modernizing Core Banking, Payment Services

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The ISG Provider Lens™ report highlights the increasing competition in the Brazilian banking market, with banks focusing on modernizing their systems and platforms to improve customer experience and remain competitive. The report also introduces new digital services like Pix and Open Finance, aiming to make the market more inclusive and competitive. Accenture, Capgemini, Compass UOL, Stefanini, and TIVIT are recognized as leaders in various quadrants in the report.
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U.K. Firms Turn to Services to Help Optimize Cloud

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U.K. companies invest in cloud optimization tools and microservices, according to ISG Provider Lens™ report. Despite concerns over data visibility and interoperability, companies are seeking FinOps solutions to monitor cloud spending. Microservices are growing in significance as they offer scalability in multi-cloud environments. The report evaluates 53 providers across seven quadrants, naming Claranet and Rackspace Technology as Leaders in four quadrants each.
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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 $3.57 as of November 25, 2024.

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

The market cap of Information Services Group (III) is approximately 178.1M.

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

#3976 Ranked by Market Cap
#547 Ranked by Dividends

III Stock Data

178.13M
35.04M
28.63%
60.93%
0.26%
Information Technology Services
Services-management Consulting Services
Link
United States of America
STAMFORD