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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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Information Services Group (ISG) announced the winners of the second annual ISG Women in Digital Awards for Asia Pacific and India, recognizing women's achievements in the digital world. The awards ceremony, held virtually on September 19, honored leaders from L&T Technology Services, Quinnox, Brillio, Tata Consultancy Services, and Birlasoft as gold winners in five categories.

The categories included Rising Star, Women's Advocate, Digital Innovator, Rock Star Leader, and Digital Titan of the Year. An independent panel of judges evaluated 458 finalists across all regions. The program, expanded to EMEA and Asia Pacific regions in 2023, aims to recognize women's contributions, create a network, and inspire the next generation of women in digital.

The ISG Women in Digital program, established in 2018, also hosts a LinkedIn page, webcasts, and events for the IT and business services industry.

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The 2024 ISG Provider Lens™ global Payroll Solutions and Services report reveals that enterprises are reshaping their payroll service models with new capabilities and cost efficiencies from outsourcing providers. Key findings include:

1. AI and ML are central to advances in payroll technology, introducing greater accuracy, efficiency, and intelligence.

2. Companies are increasingly outsourcing for regulatory and compliance expertise due to proliferating payroll laws.

3. Self-service platforms are giving employees easy access to payroll information, especially through mobile apps.

4. Predictive analysis is being used to forecast workforce trends and optimize performance.

The report evaluates 26 providers, naming ADP, EY, IBM, Mercans, Neeyamo, Ramco Systems, SD Worx, and Strada as Leaders in the Multicountry Managed Payroll Services quadrant.

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ISG (Nasdaq: III) has launched a research study on Oracle Cloud ecosystem partners, with results to be published in the ISG Provider Lens™ report in February 2025. The study will assess providers offering services such as implementing pre-defined solutions, migrating applications, managing module lifecycles, and implementing AI/ML and automation for Oracle customers.

The report aims to help enterprise buyers evaluate vendor relationships and offerings, while ISG advisors use it to recommend providers to clients. AI and ML technologies are highlighted as disruptive forces in cloud computing, creating new security threats and compliance needs that Oracle's partners must address. ISG notes that Oracle is enhancing its market position by focusing on cloud-based applications and infrastructure, partnering with Microsoft and Google Cloud for cross-cloud migrations.

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ISG's latest report reveals a shift towards personalized compensation in enterprises, driven by advanced software and AI tools. Key findings include:

1. By 2027, half of enterprises are expected to benchmark skills, not just jobs, in compensation pricing.

2. Digital tools are evaluating employee value based on skills, personal situations, and locations, beyond job titles.

3. Compensation planning now focuses on maintaining competitive advantage and adapting to employee expectations.

4. Real-time reassessment of working conditions and broader job market trends is crucial.

5. Investment in professional development is becoming a critical factor in compensation management.

ISG evaluated 24 software providers across three categories: Compensation Management, Compensation Planning, and Total Compensation Management. Oracle, Salary.com, and ADP emerged as leaders in all three categories.

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Information Services Group (ISG) announced the winners of the second annual ISG Women in Digital Awards for the EMEA region, recognizing women's achievements in the digital world. Gold winners from LTIMindtree, Foundever, Limitless, Daimler Truck AG, and NatWest were honored in five categories. The awards, evaluated by an independent panel of judges, included categories such as Rising Star, Women's Advocate, Digital Innovator, Rock Star Leader, and Digital Titan of the Year.

Wendy Redshaw, chief digital information officer at NatWest, was named the Digital Titan of the Year for EMEA. The global program had 458 finalists across regions. The ISG Women in Digital program, established in 2018, aims to create a supportive community and inspire advancements in gender parity in the technology industry.

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ISG (Nasdaq: III) has launched a research study on MarTech service providers in Brazil. The study will evaluate companies offering technologies and services for digital marketing, data analytics, content strategy, and digital advertising. The results will be published in the ISG Provider Lens™ report, MarTech Service Providers 2024, scheduled for release in February 2025.

The report will assess providers across three quadrants: Digital Presence & Digital Ads, Digital Experience, and Analytics and Intelligence. It aims to help enterprises evaluate their current vendor relationships and potential new engagements. The study highlights the importance of delivering strong omnichannel experiences and the partnership between marketing and IT in ensuring seamless customer experiences.

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The 2024 ISG Provider Lens™ Cybersecurity report for France reveals that enterprises are seeking integrated cybersecurity services to enhance confidence and improve threat visibility. Companies aim to simplify their approach by reducing the number of security vendors and consolidating tools into a single platform.

Key findings include:

  • Digital Forensics and Incident Response (DFIR) services are becoming more proactive, leveraging AI and ML.
  • Organizations are opting for third-party DFIR services due to challenges in staffing in-house teams.
  • DevSecOps methodology is being implemented to integrate security earlier in the development process.
  • The report evaluates 110 providers across eight quadrants, naming several Leaders in multiple categories.

ISG (Nasdaq: III) highlights the shift towards cloud adoption and remote work, emphasizing the important role of DFIR services in contemporary security strategies.

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Information Services Group (ISG) has secured a U.S. patent (#12,067,060) for its AI-powered contracting technology. This automated intelligent contracting solution, part of the ISG GovernX® platform, simplifies contract generation, negotiation, and management. The technology will also be applied to ISG Tango™, the firm's new sourcing platform.

The patented solution uses AI to analyze preferences of all contract parties and suggest tailored terms. It builds on a previous patent (#10,936,672) for AI-driven document generation. A third, pending patent covers the entire contract process with chatbot-like interaction.

ISG GovernX currently manages $65 billion of annual contract value across 13,000+ client contracts. The platform automates the contract lifecycle, improving supplier performance, decreasing spend, and reducing third-party risk.

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According to a new ISG report, over one-third of enterprises are expected to deploy cloud-native AI and data platforms in their information architectures by 2026. The ISG Buyers Guide™ highlights that enterprises are turning to the cloud for AI strategies due to its ability to handle large data volumes and variable workloads. The report emphasizes the convergence of cloud, AI, and data platforms, with major cloud providers offering combined capabilities.

ISG evaluated 12 providers for its 2024 Buyers Guides, naming AWS, Microsoft, and Google Cloud as leaders in Cloud-Native AI and Data Platforms, and Oracle, IBM, and AWS as leaders in AI and Data Platforms. The guides aim to help enterprises optimize their software investments in these rapidly evolving areas.

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Information Services Group (ISG) (Nasdaq: III) announced the winners of the third annual ISG Women in Digital Awards for the Americas. The awards recognize women's achievements in the digital world across five categories:

1. Rising Star: Gold - Ipsita Ghosh, LTIMindtree
2. Women's Advocate: Gold - Elaine Montilla, Pearson
3. Digital Innovator: Gold - Rachna Sethi, Ford Credit
4. Rock Star Leader: Gold - Johanna Cordovez, Tirando x Colombia SAS BIC
5. Digital Titan of the Year: Deepali Bhate, LTIMindtree

The program, expanded globally in 2023, had 458 finalists this year. ISG's Women in Digital initiative, established in 2018, aims to connect, educate, empower, and recognize women in the digital industry.

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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 $3.53 as of November 22, 2024.

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

The market cap of Information Services Group (III) is approximately 171.8M.

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

171.75M
35.04M
28.63%
60.93%
0.26%
Information Technology Services
Services-management Consulting Services
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United States of America
STAMFORD