Information Services Group, Inc. - III STOCK NEWS

A recent ISG Provider Lens™ report highlights the expansion of offerings by SAP ecosystem partners for SAP S/4HANA, catering to diverse industries such as manufacturing, finance, and retail. Companies are increasingly leveraging SAP solutions for digital transformation amid ongoing challenges, including the COVID-19 pandemic. The report identifies four archetypes of clients seeking SAP services: Transactional Users, Transitioners, Landscape Transformers, and Intelligent Digital Adopters. It also evaluates 17 service providers, naming Capgemini, Cognizant, HCL, Infosys, Tech Mahindra, and Wipro as Leaders across all archetypes.

Information Services Group (NASDAQ: III) released the 2022 ISG Provider Lens™ Next-Gen ADM Services Archetype report, highlighting how businesses are modernizing their application development and maintenance (ADM) services. The pandemic has accelerated the need for application transformations, focusing on automation, cost reduction, and improved supply chain visibility. The report categorizes enterprise clients into three archetypes: leveraging packaged software platforms, operational excellence, and enterprise modernization. Capgemini, HCL, Infosys, LTI, Mindtree and Wipro are recognized as leaders across all archetypes, indicating their capabilities in addressing distinct enterprise needs.

ISG Provider Lens™ has released a report indicating a significant shift in France towards public cloud platforms, especially AWS, as enterprises migrate applications to enhance efficiency post-COVID-19. The report reveals that AWS commands nearly half of the public cloud market in France. By 2024, about two-thirds of companies are expected to adopt multi-cloud strategies. Sectors like financial services and industrial manufacturing are leading this trend. Key providers like Accenture and Capgemini are recognized as leaders in various service categories. The report aims to guide enterprises in selecting appropriate cloud partners.

ISG Provider Lens™ report highlights the growing adoption of cloud-native solutions in Germany, benefiting AWS and other hyperscale providers. As companies seek flexibility and cost control, 27% of organizations with over 50 employees are utilizing these solutions, up from 22% the previous year. Furthermore, 19% plan to adopt them within a year. The disruptions from COVID-19 and the Ukraine war are accelerating this trend, with an increased interest in managed services and cloud security due to rising cyberattacks. The report evaluates 50 providers, naming Accenture and Capgemini as leaders across all six quadrants.

Information Services Group (Nasdaq: III) announced that its Australian business has achieved the Great Place to Work Certification™ from the Great Place to Work Institute. This re-certification, based on a confidential employee survey, reflects a positive workplace culture with 67% of employees considering ISG Australia a great place to work. The survey results also revealed that 94% believe clients would rate ISG's service as 'excellent'. ISG Australia, nearing 100 professionals, delivers a variety of digital transformation services across the Asia Pacific region.

ISG Provider Lens released a report highlighting the importance of private and hybrid cloud solutions in digital transformation across various enterprises. The report indicates that organizations are increasingly adopting hybrid models that blend private and public clouds. Service providers are engaged to address IT skill shortages, leveraging intelligent monitoring and automation for efficient cloud management. The report categorizes enterprises into four archetypes based on their cloud maturity, with notable providers like Accenture and HCL recognized as leaders. The findings emphasize the shift towards agile, secure, and scalable IT infrastructures essential for modern business success.

Information Services Group (III) released a report indicating that U.K. enterprises are significantly investing in analytics services to enhance operations, customer experience, and employee engagement. The report notes that sectors such as utilities, hospitality, and logistics are at the forefront of this trend, with businesses increasingly focusing on analytics for environmental, social and governance (ESG) initiatives. Furthermore, demand for data governance and decision science is rising, indicating a shift towards data-driven strategies. The report evaluates 47 providers, recognizing leaders and promising newcomers, emphasizing the importance of local service providers.

Insurance companies in Australia are increasingly partnering with business process outsourcing (BPO) providers to tackle rising claims and evolving consumer expectations, according to a new report by Information Services Group (NASDAQ: III). The 2022 ISG Provider Lens™ highlights that escalating claims due to severe weather and data breaches significantly impacted insurers in 2022. Despite a challenging environment, insurers are modernizing technology and customer experiences, driven by competition from digital-native insurtechs. The report identifies leaders in the sector, including EXL, Genpact, and Wipro, emphasizing the pivotal role of outsourcing in navigating future demands.

U.S. enterprises are increasingly investing in data analytics services to enhance customer engagement and support decision-making, according to a new report by Information Services Group (NASDAQ: III). The report emphasizes that data is critical for business competitiveness, prompting companies to shift towards a data-driven culture. Many organizations, including large firms like Google and Apple, are adopting data-centric approaches to improve customer experiences and operational efficiency. The report evaluates 44 providers and identifies leaders across various analytics service categories, advocating for data literacy among businesses for improved outcomes.