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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 (NASDAQ: III) reports significant growth across IT and business services in Q3, fueled by post-pandemic digital transformation. The Americas ISG Index™ reached a record $11.6 billion in annual contract value (ACV), up 37% from Q2. Cloud-based services led growth, with IaaS up 53% and SaaS up 48%. Year-to-date, ACV totaled $30.3 billion, a 20% increase. Notable contracts include partnerships between CIBC and Microsoft, and Oracle with Telefonica Brasil. ISG forecasts a 25% global growth for cloud services in 2021.

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The 2021 ISG Provider Lens™ Contact Center as a Service – CX Global Report highlights the growing role of CCaaS providers in enhancing customer experience post-COVID-19. The report emphasizes that businesses are increasingly adopting cloud contact centers to meet rising digital engagement demands. Key findings include the evolution of CCaaS beyond basic communication, integrating AI and analytics for improved services. Eight companies, including 8x8 and Five9, were recognized as leaders in this quadrant, while Amazon Connect and Content Guru were noted as rising stars.

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ISG Provider Lens™ report highlights the permanent shift in contact center operations due to work-from-home demands and a preference for digital channels over traditional voice calls. Published by Information Services Group (NASDAQ: III), the report reveals that 28 providers are evaluated across four quadrants, with key players like Atento and Teleperformance leading in all quadrants. Companies are adopting advanced technologies such as AI and machine learning to enhance customer experience. Despite regulatory changes in the U.K., opportunities arise for those collaborating with tech vendors for labor solutions.

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Information Services Group (Nasdaq: III) has announced a new research study focusing on the enterprise service management (ESM) market. The upcoming ISG Provider Lens™ report will evaluate ESM software and consulting services, releasing in March. The study includes feedback from over 175 ESM providers and aims to assist enterprise buyers in evaluating service relationships. Four quadrants will cover ESM consulting, managed services, implementation, and software providers, offering insights for informed decision-making.

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Demand for cloud computing reached record highs in the Asia Pacific IT and business services market during Q3, per Information Services Group (NASDAQ: III). Cloud-based as-a-service annual contract value (ACV) hit $3.1 billion, marking a 62% increase year-over-year. Traditional managed services saw ACV of $575 million, up 53% year-over-year but down 40% from Q2. The combined market value stood at $3.6 billion, a 60% year-over-year increase but down 6% from the previous quarter.

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Information Services Group (Nasdaq: III) has initiated a research study focusing on service providers supporting enterprises and U.S. government entities in adopting Microsoft products. The findings will be showcased in two reports due in April 2022: Microsoft Ecosystem 2022 for enterprises and Microsoft Ecosystem 2022 – U.S. Public Sector. The reports will cover essential services like Azure, Microsoft 365, and SAP on Azure, helping clients assess vendor relationships and optimize their digital transformations.

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Information Services Group (NASDAQ: III) has launched a research study focusing on procurement service providers that assist enterprises and government entities in navigating post-COVID-19 economic challenges. The findings will be compiled into three ISG Provider Lens™ reports, set for release in March, covering procurement business process outsourcing, digital transformation services, and software platforms. The reports will enable buyers to evaluate vendor relationships and enhance procurement processes, which have become critical in today’s rapidly changing environment.

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Information Services Group (Nasdaq: III) has announced a new research study focusing on how service providers assist enterprises in modernizing mainframe applications and migrating to cloud environments. This study will culminate in an ISG Provider Lens™ report titled 'Mainframes – Services and Solutions,' set for release in April. The report will analyze mainframe-related services and products across the U.S., Canada, and Europe, aiding enterprise buyers in evaluating vendor options. Key study components include mainframe modernization and transformation strategies.

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ISG Provider Lens™ report reveals that U.S. enterprises are rapidly transforming contact centers to enhance customer experiences and support remote work in response to the COVID-19 pandemic. The report highlights a shift towards digital channels, automation, and cloud adoption, emphasizing the need for seamless communication. Conduent, HGS, and others are recognized as leaders in customer experience services. With a mix of remote and office work becoming standard, companies are focusing on improving security and connectivity.

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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