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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.

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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.

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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.

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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.

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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.

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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.

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According to the latest ISG Provider Lens™ report, Australian enterprises are increasingly adopting private and hybrid cloud solutions to accelerate digital transformation, driven by sustainability, automation demands, and COVID-19 impacts. The report highlights the competitive nature of the Australian cloud market and notes significant infrastructure growth beyond major cities. It emphasizes the urgent need for companies to invest in automation to address the IT skills shortage, while also focusing on sustainability. Telstra is recognized as a leader in all service quadrants.

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Information Services Group (III) reports strong global demand for IT services, with second-quarter annual contract value (ACV) at $22.8 billion, a 9% increase year-over-year but a 7% decline from Q1. This marks the first sequential decline since Q3 2020. The firm lowers its full-year growth forecasts for managed services to 3.5% and for XaaS to 18%, citing recession fears and market pressures in China. Despite challenges, managed services contracts awarded rose 5% from the previous year, indicating sustained demand.

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Information Services Group (NASDAQ: III) announced it will release its second-quarter financial results on August 8, 2022, at 6:30 a.m. ET. A conference call for investors and analysts will follow at 9 a.m. ET. U.S. participants can dial 1-800-304-0389 while international callers should dial +1 313-209-5140 with the access code 7515883. The call recording will be available on the company’s website for approximately four weeks.

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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