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Information Services Group, Inc. - III STOCK NEWS

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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.

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Australian enterprises are increasingly adopting software-defined networking (SDN) as part of digital transformations in response to COVID-19, according to a new report by ISG. The report highlights a shift towards software-defined-everything (SDx) architectures, enhancing network capacity and security. Key trends include rapid cloud migration, distributed networks, and rising demand for edge computing. ISG's evaluation of 40 providers names Infosys, Orange Business Services, and Wipro as leaders across five quadrants. Australian companies aim to integrate multi-cloud architectures and AI for next-gen digital transformation.

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The 2022 ISG Provider Lens™ report highlights the growing demand for software-defined networking (SDN) products as U.S. enterprises migrate to the cloud. It emphasizes SDN's role in IT modernization, enabling faster and less risky transitions to cloud services. Notably, the report recognizes AT&T, Orange Business Services, and Verizon as leaders in SDN offerings. Additionally, it identifies the increasing importance of network security, particularly with the rise of secure access service edge (SASE) architecture. Customized reports are available for deeper insights into provider capabilities.

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Information Services Group (NASDAQ: III) reports that the adoption of Google Cloud Platform (GCP) in Europe is mirroring trends seen in the U.S..

Companies are increasingly integrating GCP into their multi-cloud strategies, driven by advanced data management and analytics capabilities.

However, European firms remain cautious due to the strong presence of AWS and Microsoft Azure.

Top service providers recognized include Accenture and TCS as leaders.

The report highlights GCP's strengths in advanced applications and sustainability efforts.

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The Asia Pacific IT and business services market saw a significant decline in the second quarter, with commercial outsourcing contracts totaling $3.0 billion, down 33% year-over-year, marking the steepest drop recorded. Cloud-based XaaS also fell 38% to $2.2 billion, driven by challenges in China due to COVID-19 lockdowns. Managed services faced a 17% decline, yet demand for contracts surged to a record 76. First-half ACV was $7.4 billion, down 5.5%, leading to reduced growth forecasts for XaaS and managed services.

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ISG Provider Lens™ report reveals that U.S. enterprises are increasingly adopting long-term strategies for the Internet of Things (IoT) beyond mere proofs of concept. The 2022 report finds organizations aiming for both immediate benefits and a high-level view of their IoT future. Key findings indicate a growing ambition in enterprise IoT plans, driven by AI and machine learning advancements. However, a skills shortage in IoT services poses significant challenges. The report evaluates 33 providers, naming Atos, Capgemini, and others as leaders in various quadrants.

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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.

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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.

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Information Services Group (NASDA: III) reports strong demand for IT and business services in the Americas, with Q2 2022 commercial outsourcing contracts reaching $12.2 billion, a 21% year-over-year increase, despite a 2% decline from Q1. Cloud-based solutions drive growth, marking a 36% rise to $8.1 billion. However, ISG lowers its 2022 growth forecast for cloud-based XaaS to 18% and managed services to 3.5% amid economic uncertainty.

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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.

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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.

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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 $3.6 as of November 26, 2024.

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

The market cap of Information Services Group (III) is approximately 179.1M.

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.

Information Services Group, Inc.

Nasdaq:III

III Rankings

III Stock Data

179.11M
35.05M
28.57%
60.91%
0.26%
Information Technology Services
Services-management Consulting Services
Link
United States of America
STAMFORD