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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 ISG SourceIT EMEA conference will be held on May 17–18 in
The 2022 ISG Provider Lens™ report reveals that Swiss enterprises are gradually adopting Microsoft Azure, especially since a local region was established in 2020. Security concerns have hindered broader migration, but local IT service providers are increasingly committed to Azure. The pandemic has shifted IT strategies and budgets, supporting cloud technology adoption. While large firms prefer established service providers, smaller companies favor local partners. The report also highlights the use of Microsoft Power Platform, with emphasis on the cautious approach of Swiss firms towards governance in programming.
German enterprises are becoming more cost-conscious amid the ongoing impact of the COVID-19 pandemic but continue to migrate to cloud platforms, particularly Microsoft Azure, according to the 2022 ISG Provider Lens™ report. While IT investments have tightened due to factors like supply-chain disruptions, there is a persistent focus on cybersecurity services amid rising threats. The report indicates a robust market for Microsoft services as companies streamline their applications with fewer cloud providers, emphasizing the importance of managed services in navigating complex IT challenges.
ISG's 2022 Provider Lens report reveals a significant shift among U.S. public-sector organizations towards modernizing technology post-COVID-19. The report indicates that many agencies are moving from legacy systems to cloud solutions, often utilizing Microsoft platforms with assistance from partners. Challenges such as high costs and a lack of familiarity hinder adoption, but some agencies are implementing advanced cloud strategies. Top providers recognized in the report include Accenture, Cognizant, and HCL, highlighting their leadership across various service areas.
ISG Report Highlights Microsoft's Role in U.K. Digital Transformation
A new report by Information Services Group (Nasdaq: III) indicates that U.K. enterprises are increasingly adopting Microsoft technologies to address operational challenges, particularly post-COVID-19. Major findings include the reliance on Microsoft Azure, Microsoft 365, and Dynamics 365 for improving supply chains and customer support. The report examines 41 service providers, naming Accenture, Cognizant, and Wipro as leaders across key service areas, highlighting the importance of skilled partners for successful cloud migration.
ISG Provider Lens report highlights rapid adoption of ServiceNow solutions by companies in Singapore and Malaysia due to the COVID-19 pandemic and digital transformation needs. The 2022 report notes a faster service ecosystem growth in Asia than globally, with significant investment in skilled professionals to support implementation. Major sectors adopting ServiceNow include manufacturing and finance, while sectors like retail still lag. The report evaluated 23 providers, naming Accenture, Capgemini, Cognizant, and Infosys as Leaders across all quadrants.
ServiceNow Adoption in Australia is accelerating as enterprises respond to COVID-19 and pursue digital transformation, according to a new report by Information Services Group (NASDAQ: III). The Australian market for ServiceNow services is outpacing global growth due to increased demand for new technologies. The report highlights competitive service offerings, with major players like Accenture, Deloitte, and Capgemini recognized as leaders. Despite this growth, challenges remain, including a global skills shortage.
Information Services Group (ISG) reported record revenues of $73 million for Q1 2022, marking a 12% increase in constant currency. Net income reached $5 million with GAAP EPS of $0.10 and adjusted EPS of $0.12. The firm also achieved a record adjusted EBITDA of $11 million, exceeding expectations. In a significant move, ISG raised its quarterly dividend by 33% to $0.04 per share, effective June 17, 2022. The company anticipates Q2 revenues between $73 million and $75 million.
The ISG Provider Lens™ report highlights the U.S. public sector's shift towards enhancing procurement systems, driven by challenges intensified by the COVID-19 pandemic. The report notes a surge in demand for procurement software and BPO services, with agencies seeking immediate operational improvements and cost reductions. It forecasts significant public-sector spending on these solutions this year, with potential first-year savings of 15-30%. GEP is recognized as a leader across all evaluated quadrants, while Accenture, IBM, and others excel in multiple areas.
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