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.
The new ISG Provider Lens™ report highlights the growing ecosystem of Google Cloud Platform (GCP) in Australia, noting its competition with AWS and Microsoft Azure. The report indicates that Australian enterprises are increasingly leveraging GCP's data analytics and machine learning capabilities, enhanced by third-party service providers. GCP's carbon-neutral data centers and alignment with cloud-native technologies like Kubernetes are major draws for enterprises. The report evaluated 18 providers and recognized Servian as a leader across all quadrants.
Leading U.S. enterprises are increasingly adopting Google Cloud Platform (GCP) as part of their multi-cloud strategies, according to a new ISG report. This positions Google alongside AWS and Microsoft Azure in the advanced cloud market. Enterprises are utilizing GCP for sophisticated applications, including real-time decision-making for autonomous vehicles. Sustainability is a key focus, with Google achieving net-zero emissions. The report assesses 30 providers, naming several leaders and rising stars across various service quadrants.
Information Services Group (NASDA: III) reports strong demand for IT and business services in the Americas, with Q2 2022 commercial outsourcing contracts reaching
EMEA’s Q2 ACV rose 18% year-over-year, totaling $7.6 billion, yet slightly decreased by 0.5% from Q1. Despite some economic concerns, demand in managed services grew, reaching $3.9 billion (up 10% YoY). However, XaaS momentum slowed, with a 3% decline from Q1 despite a 27% annual growth. The first half of 2022 saw a record $15.2 billion ACV. ISG lowered its growth forecast for cloud-based XaaS to 18% and managed services to 3.5% due to potential economic uncertainties.
Information Services Group (Nasdaq: III) has initiated a research study to assess service providers aiding insurance organizations in modernizing operations. The findings will be published in the ISG Provider Lens™ report titled Insurance Services 2022 — BPO and ITO, set for release in November. The report will cover business process outsourcing (BPO), information technology outsourcing (ITO), and more. The research aims to assist enterprise buyers in evaluating vendor relationships and optimizing operations through advanced technologies like AI and cloud platforms.
The latest ISG Provider Lens™ report highlights the increasing reliance of Swiss enterprises on IT and business process outsourcing, particularly emphasizing data center location for compliance. Favoring local providers with certified facilities, Swiss companies are driving significant growth in cloud services, with a projection of cloud data centers accounting for a majority of capacity by 2025. The report evaluates 81 providers, naming Swisscom as a leader across all five categories evaluated, while EveryWare leads in three.
ISG Provider Lens reports that demand for cloud computing in Germany is set to exceed 50% of the country’s data center capacity by 2025, up from one-third today. Driven by a need for improved resilience and digitalization, the managed services market is expanding, with a 24% year-on-year increase noted in early 2022. Colocation data centers are rising due to companies needing low-latency networks. Germany’s electricity consumption by data centers is about 3%, but efficiency is improving, as seen with a decrease in Power Usage Effectiveness scores.
Information Services Group (Nasdaq: III) reports a significant shift in retail technology adoption post-COVID-19, emphasizing omnichannel platforms that link various shopping experiences. As businesses pivoted to e-commerce, many initiated modernization projects, integrating sales channels like curbside pickup and social commerce. The 2022 ISG Provider Lens™ Retail Platforms report identifies Oracle and SAP as Leaders in omnichannel commerce, while Salesforce and others excel in merchandising planning. The focus on data analytics is underscored, highlighting its necessity for adaptive retail strategies.
Information Services Group (Nasdaq: III) has initiated a research study evaluating public cloud-based infrastructure and services for enterprises. The findings will be featured in the upcoming ISG Provider Lens™ report, titled Public Cloud — Solutions & Services 2022, set for release in December. Key focus areas include digital transformation consulting, managed services, and cloud financial management. The research aims to provide actionable insights for enterprises assessing vendor relationships and cloud solutions in a rapidly growing market influenced by digital transformation and automation needs.
ISG Provider Lens™ report indicates that cloud adoption in Singapore and Malaysia is accelerating due to the COVID-19 pandemic and ongoing digital transformation trends. The market for data center services is developing, with both global and local providers thriving. Key drivers for this growth include increasing automation needs, sustainability initiatives, and edge computing. However, there is a notable shortage of IT skills in the region. The report evaluates 32 providers, naming Singtel and Telekom Malaysia as leaders in multiple service categories.
FAQ
What is the current stock price of Information Services Group (III)?
What is the market cap of Information Services Group (III)?
What does Information Services Group, Inc. do?
Where is ISG headquartered?
When was ISG founded?
How many professionals does ISG employ?
What are the main services provided by ISG?
Which regions does ISG operate in?
Who are ISG's clients?
What recent achievements has ISG accomplished?
What makes ISG unique in its industry?
How can I stay updated on ISG's latest news?
