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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.
The latest ISG Provider Lens™ report reveals that Nordic enterprises are increasingly outsourcing IT to modernize application development amidst shifting business demands. Many applications still rely on legacy systems, prompting companies to adopt agile methodologies and automated solutions. Key concerns like inflation and cybersecurity risks are influencing this transformation. Major players, including Accenture and Capgemini, have been recognized as leaders in various service categories. The report evaluates 26 providers and highlights trends towards automation and continuous testing.
ISG expert Ola Chowning emphasized the ongoing talent crisis in tech during her presentation at the All Day DevOps virtual event. Companies must enhance employee engagement to combat the challenges of the 'Great Resignation' and rising wage inflation. Research indicates that 64% of procurement officers rank wage inflation as their top concern. Innovative retention strategies include reimbursing for external education and clearer career paths. With 40% of the IT workforce hired recently, organizations that foster a supportive culture will maintain a competitive edge in retaining talent.
Cigniti Technologies has been recognized as a ‘Leader’ in ISG’s Provider Lens™ report for 2022 in the category of Continuous Testing Specialists. This recognition underscores the company's commitment to quality and speed in the Business 4.0 era, where Agile and DevOps methodologies thrive. CEO Srikanth Chakkilam highlighted ongoing investments in AI-led test data management and automation through the BlueSwan™ platform. With a strong portfolio, Cigniti aims to support organizations in their digital transformation journeys.
A recent report by ISG highlights a significant shift towards sovereign clouds in France, driven by stringent data protection regulations. Enterprises and public institutions are expected to adopt these solutions to enhance data security and compliance. The report identifies key players like Accenture and Atos as leaders and notes a growing trend in hybrid cloud environments among organizations. Additionally, sustainability concerns are reshaping French enterprises' cloud strategies, favoring providers committed to renewable energy.
ISG (Nasdaq: III) has launched a study evaluating procurement service providers for enterprises and the U.S. public sector, aimed at addressing challenges posed by post-COVID-19 economic conditions. Three ISG Provider Lens™ reports will be published in March, focusing on procurement BPO services, transformation consulting, and software platforms. The research aims to help organizations modernize procurement systems amidst ongoing supply chain disruptions and calls for digital transformation.
Information Services Group (III) has initiated a research study to analyze providers of Salesforce implementation and managed services for large and midmarket enterprises. The findings will be featured in the Salesforce Ecosystem Partners 2023 report, expected in March 2023. The study will include insights from approximately 200 service providers, categorizing them across six service quadrants. ISG aims to assist enterprise buyers in assessing vendor relationships while providing actionable data for their advisory services.
ISG TechXchange: Banking, Financial Services and Insurance event is scheduled for November 15 in New York City, featuring industry leaders from companies like Voya, Wells Fargo, and Visa. Experts will discuss crucial trends in customer engagement and the BFSI sector’s entry into the metaverse. Sessions will cover technology modernization, client acquisition challenges, and multichannel customer engagement. The event aims to explore strategies for enhancing brand loyalty and service offerings through partnerships and innovative technologies.
Digital transformation is essential for German enterprises as hybrid work becomes the norm post-COVID-19, according to the latest ISG Provider Lens™ report. The study reveals a disconnect between employers and employees regarding remote work, with over 25% of businesses considering eliminating work-at-home options. Organizations are now prioritizing hybrid work models that foster company culture while adapting to regulatory requirements like GDPR. Additionally, the report highlights the significance of consulting services in modernizing workplaces and the impact of generational shifts on employee expectations.
Information Services Group (NASDAQ: III) has released a report highlighting the growing demand for Finance and Accounting Outsourcing (FAO) services as organizations adapt to significant changes in their operations post-COVID-19. CFOs are now taking on strategic roles, pushing for business transformation while leveraging third-party providers for essential skills in budgeting, forecasting, and risk management. The report evaluates 27 providers, naming leaders such as Accenture and IBM, and emphasizes the shift towards outcome-based engagements and industry-specific solutions.
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