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.
Information Services Group (Nasdaq: III) has announced a new research study focusing on service and solution providers for power and utility companies. The comprehensive ISG Provider Lens™ report, titled Power & Utilities Industry – Services and Solutions 2022, will evaluate vendors in areas such as intelligent business processes, IT services, enterprise asset management, and grid modernization. The report is set for release in June and will assist utility companies in assessing vendor relationships and making informed decisions in a rapidly evolving market.
Information Services Group (ISG) reported record fourth-quarter GAAP revenues of $70 million, exceeding estimates. The firm achieved net income of $4 million and adjusted EBITDA of $10 million for the quarter. For the full year, ISG's revenue reached $278 million, with adjusted EPS at $0.44. The company declared a $0.03 first-quarter dividend and provided guidance for revenues between $69 million and $71 million. ISG's strong cash flow of $42 million and a year-end cash balance of $47.5 million underscores robust performance amid digital demand.
Information Services Group (NASDAQ: III) will host the ISG Xperience Summit on
Attendees will gain insights into how enterprises are adapting to meet consumer expectations and challenges.
Information Services Group (Nasdaq: III) has launched a research study to assess services for enterprises using SAP platforms. The findings will be included in the SAP Ecosystem - 2022 report series, set for release in August. The report will help companies evaluate vendor relationships and optimize SAP transformations. With over 22,000 SAP-supporting providers globally, the study will encompass various services, including managed application services and cloud solutions for SAP ERP.
CompuCom, a managed services provider, has been recognized as a leader in the 2021 ISG Provider Lens™ Managed Digital Workplace Services report. The report highlights CompuCom's strengths in experience-focused services, a comprehensive digital workplace solutions portfolio, and strong device management services. Notably, CompuCom offers rapid onsite service and combines traditional SLAs with experience indicators. With over 7,000 professionals and managing 7 million devices, CompuCom serves approximately 700 clients across the U.S. and Canada, solidifying its market leadership.
Information Services Group (Nasdaq: III) has announced the launch of a research study evaluating service providers that assist enterprises with the integration and utilization of Google Cloud technologies. The findings will be published in the upcoming ISG Provider Lens™ report series, set for release in July. The report will help enterprise clients assess vendor relationships and service offerings across five key quadrants including implementation, data analytics, managed services, SAP workloads, and Google Workspace services. A survey has been distributed to over 90 providers for this research.
Information Services Group (NASDAQ: III) has announced the launch of a research initiative examining the growing Internet of Things (IoT) market. This study will culminate in a series of ISG Provider Lens™ reports, scheduled for release in June, covering managed services and mobile asset tracking. Enterprises can leverage this data to evaluate vendor relationships and improve IoT deployments, with the market projected to exceed 27 billion connected devices by 2025. The reports will focus on five key service areas, including strategy consulting and mobile asset management.
Information Services Group (NASDAQ: III) has launched a study assessing digital solutions for payroll operations in U.S. and multinational firms.
The findings will feature in the ISG Provider Lens™ report to be released in June 2022, focusing on managed payroll services, employer of record services, and operational transformation technologies.
The report aims to assist enterprise buyers in evaluating vendor relationships and solutions, highlighting the importance of modernizing payroll for enhancing the employee experience.
Information Services Group (III) has launched a research study on cybersecurity services amid rising cyber threats like ransomware. The forthcoming ISG Provider Lens™ report will assess major cybersecurity tools and services, scheduled for release in July. The report aims to assist enterprise buyers in evaluating their vendor relationships during remote work trends heightened by the COVID-19 pandemic. Six key areas of focus include Identity and Access Management and Managed Security Services, among others, to guide organizations in their cybersecurity strategies.
The Chief Data and Analytics Officer of Information Services Group (NASDAQ: III) emphasized the importance of achieving maturity in processes, technology, data, and organizational culture for successful data convergence at the NASSCOM Technology and Leadership Forum 2022.
Kathy Rudy outlined three stages of convergence maturity and highlighted the need for executive and employee buy-in to realize benefits. She noted that digital transformation accelerated by COVID requires organizations to engage employees early in the planning process to enhance customer experience and operational efficiency.
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?
