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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.
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.
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.
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.
Information Services Group (ISG) reported a record third-quarter revenue of $71 million, a 15% increase year-over-year, surpassing expectations. Net income rose to $4 million with GAAP EPS of $0.09 and adjusted EPS of $0.12. Adjusted EBITDA reached $10 million, a 24% increase compared to last year. The firm’s cash balance grew to $55 million, reflecting a 43% increase. ISG declared a fourth-quarter dividend of $0.03 per share. Guidance for Q4 projects revenues between $67 million and $69 million and adjusted EBITDA between $9 million and $10 million.
According to the ISG Provider Lens™ report, major enterprises in Germany are adopting hybrid work models post-COVID-19, allowing some employees to work part-time from home. The adoption varies, with banking and IT leading, while manufacturing lags. The report highlights barriers such as inadequate digitalization and unequal treatment of remote workers. It emphasizes the increasing demand for managed digital workplace services. Atos, Capgemini, and DXC Technology were named leaders in the report, which evaluates 32 service providers across three quadrants in workplace strategy.
Bell Techlogix, recognized by the ISG in its 2021 Provider Lens report, ranks among the top U.S. managed services providers for digital workplace offerings. The company is classified as a Rising Star in the Mid-Market Quadrant and a Product Challenger in the Large Accounts and Public Sector Quadrants. Factors contributing to this recognition include its innovative Accelerate platform, automation advancements, and robust analytics capabilities.
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