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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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The ISG Provider Lens™ Healthcare Digital Services Report highlights how U.S. healthcare providers are increasingly seeking digital tools to tackle challenges amplified by the pandemic. The report outlines the industry's shift towards digital transformation driven by changing regulations, patient expectations, and technological advancements. Key findings include a growing demand for value-based care, remote services, and improved data transparency. The report evaluates 38 service providers, naming Cognizant, NTT DATA, and Wipro as leaders across all five quadrants. It emphasizes the ongoing evolution within the healthcare sector in response to broader disruptions.

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ISG Provider Lens™ report highlights the urgency for U.K. banks to modernize their IT systems to compete against the growing FinTech sector and open banking initiatives. The report reveals large banks are losing revenue and market share, prompting closures of over 60 branches monthly. Despite these shifts, there’s limited evidence suggesting profitability has improved from digital transformations. Banks are increasingly adopting cloud solutions and low-code platforms, while also facing rising regulatory scrutiny in the post-COVID landscape.

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ISG Provider Lens™ report highlights the Nordic banking sector's shift toward digital transformation. In response to COVID-19 and rising FinTech competition, banks are modernizing their services. The report reveals that 90% of the population engages in cashless transactions, leading to revenue declines for traditional banks. Demand for third-party integration services is increasing, as banks seek AI, machine learning, and blockchain solutions for personalized customer experiences. Legacy systems are being replaced by cloud-native platforms, enhancing cost efficiency and scalability.

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Information Services Group (III) reports that U.S. enterprises favor AWS as their leading hyperscale cloud provider amidst rising cloud adoption due to COVID-19. The 2021 ISG Provider Lens™ AWS Ecosystem Partners report highlights the collaboration between hyperscalers and service providers to enhance cloud infrastructure. Key cloud priorities include migrating SAP implementations and leveraging AWS data analytics. The report evaluates 59 providers, naming leaders across various service quadrants, including Accenture and Deloitte. The competitive landscape is noted, with a focus on attracting skilled professionals and automating cloud management.

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Information Services Group (III) has released a report indicating a surge in demand for Amazon Web Services (AWS) among German enterprises due to the adoption of cloud-native solutions. The report highlights that 22% of European companies are currently implementing cloud-native methods, with 27% planning to do so within a year. The report identifies Accenture and Capgemini as leaders across all provider quadrants, with others like Atos and DXC Technology following closely. Despite concerns about cloud-based SAP, demand continues to grow as companies seek to optimize data analysis and competitive advantage.

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ISG Provider Lens™ report highlights increased demand for digital consulting, customer experience, supply chain, and sustainability services in Australia, driven by the pandemic and emerging technologies like AI and IoT. Companies are focusing on digital transformation to enhance competitiveness and enable remote operations. The report evaluates 49 providers, naming Accenture, HCL, Infosys, and Wipro as Leaders across all quadrants. The shift towards sustainability is also emphasized, with enterprises seeking effective strategies to manage climate risks.

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Information Services Group (NASDAQ: III) has launched a research study on private and hybrid cloud services aimed at enterprise clients. The findings will be published in the ISG Provider Lens™ report titled Next-Gen Private/Hybrid Cloud – Data Center Solutions & Services, expected in June. This comprehensive study will provide enterprise buyers insights into vendor relationships and services to meet their business objectives. The report will analyze five key quadrants: Managed Services, Managed Hosting, Colocation Services, Hyperconverged Systems, and Hybrid Cloud Management Platforms.

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Information Services Group (NASDAQ: III) has launched a research study focusing on IT platform and service providers in the retail sector, aiming to aid recovery from the COVID-19 pandemic. The findings will be detailed in two reports, Retail Platforms and Retail Services, set for release in June. These reports will evaluate how companies are adapting to digital-first strategies and consumer behavior changes. The research involved over 60 platform vendors and 70 service providers, assessing their roles in enhancing customer experiences and operational efficiencies in retail.

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Asia Pacific’s IT and business services market reported record growth of 44% in 2021, reaching $16.1 billion. Despite this surge, Q4 saw a slowdown in Infrastructure as a Service (IaaS) demand, particularly in China. The full-year XaaS spending soared to $13.2 billion, with IaaS growing 47.5% to $11.7 billion. Managed services also advanced by 32% to $2.9 billion. Looking ahead, ISG anticipates a 20% growth for the global XaaS market in 2022.

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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 $3.079 as of October 31, 2024.

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

The market cap of Information Services Group (III) is approximately 154.5M.

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

154.50M
48.89M
28.82%
61.76%
0.24%
Information Technology Services
Services-management Consulting Services
Link
United States of America
STAMFORD