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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.
A recent report by Information Services Group (Nasdaq: III) reveals that global enterprises are increasingly outsourcing their private and hybrid cloud management to enhance operational efficiency. The 2021 ISG Provider Lens Report highlights that outsourcing helps control costs and provides access to specialized IT skills. The infrastructure-as-a-service (IaaS) market saw a notable 41% year-over-year growth, with spending reaching $8.2 billion in Q2 2021. The report identifies HPE and VMware as leaders in cloud services and notes ongoing interest in hyperconverged infrastructure.
The latest report from Information Services Group (III) highlights the impact of the COVID-19 pandemic on North America’s utilities sector, emphasizing accelerated digital transformation. Utilities are enhancing workforce collaboration, customer service, and cybersecurity to address vulnerabilities exposed by lockdowns. The report evaluates 37 providers in various service categories, naming leaders like Accenture and IBM. Rising Stars such as Conduent reflect potential growth. The report underscores the increasing need for sophisticated technologies as utilities shift towards sustainable energy sources.
Information Services Group (ISG) reports record demand for technology and business services, reaching $19.1 billion in annual contract value (ACV) for Q2 2021, up 32% year-over-year. The cloud-based as-a-service market hit $11.2 billion, with significant growth in Infrastructure-as-a-Service (IaaS) and Software-as-a-Service (SaaS). Managed services also reached a new high of $7.9 billion, with a record of 525 contracts signed. The Americas saw 25% ACV growth, while Asia Pacific experienced a remarkable 59% increase. ISG forecasts a 21% global growth in cloud services for 2021.
The 2021 ISG Provider Lens Network – Software Defined Solutions and Services Report highlights growing U.S. enterprise adoption of software-defined networking (SDN) post-COVID-19. Companies are leveraging SDN for enhanced agility, operational efficiency, and improved security. The report included analysis of 59 providers, naming AT&T and Verizon leaders in all six quadrants. Additionally, SDN is seen as vital for integrating AI and IoT technologies. The findings emphasize the need for transformation in business processes to fully exploit the advantages of SDN technologies.
According to a recent report by ISG, U.S. enterprises are increasingly adopting private and hybrid clouds, driven by a rise in IT outsourcing and the need for innovative business solutions amid the COVID-19 crisis. The report highlights that Q1 2021 IaaS spending reached a record $7.2 billion globally, with a 14% increase in the Americas. Companies are prioritizing flexibility in outsourcing partners and favoring fewer vendors for comprehensive solutions. Notable leaders identified in the report include Ensono, IBM, and Rackspace Technology.
Information Services Group (III) has initiated two research studies focused on digital banking services and platforms, triggered by the changes in the banking sector due to COVID-19. The findings will be published in reports due in November, detailing offerings in digital modernization, governance, risk compliance, and payment processing. These reports aim to assist enterprise buyers in evaluating vendor relationships and will incorporate expanded customer experience data in future evaluations. The banking industry is adapting to digital transformation, which is crucial for remaining competitive.
Information Services Group (ISG) (Nasdaq: III) recognizes 39 IT and business services providers with its 2021 ISG Digital Case Study Awards™ for excellence in digital transformation initiatives. Selected from nearly 250 submissions, the case studies predominantly focused on enhancing customer experience to drive revenue growth. The award winners include four providers with multiple standout case studies and 19 companies with one standout case study. The evaluation emphasizes tangible business impacts and innovative solutions, reflecting the essential role of providers in digital transformation.
ISG Digital Business Summit will feature new sessions on cybersecurity, smart environments, and cloud strategies, held virtually on June 29-30. Keynote speakers include leaders from Shell, Enel, and Microsoft, discussing crucial tech strategies for enterprise resilience amid ongoing pandemic challenges. Topics will cover cybersecurity measures, enhanced collaboration through technology, and the impact of 5G on data analytics. The event aims to equip organizations with essential skills for improving operational efficiency and digital transformation.
Information Services Group (III) has launched two comprehensive research studies focusing on the data analytics market. These studies will culminate in ISG Provider Lens reports, set for release in November, analyzing analytics services and platforms. The research will utilize expanded customer experience data to assist enterprise buyers in evaluating vendor relationships and offerings. The reports will cover global analytics markets, with insights from over 100 service providers and 70 platform vendors. ISG aims to highlight how these providers address increasing demand in analytics.
Information Services Group (ISG) has announced a new research study focused on the expanding public cloud services market. The ISG Provider Lens™ report, set for release in December, will analyze various cloud services including consulting, managed services, and secure filesharing. The global public cloud market's annual contract value reached $9.9 billion with a 15% growth in Q1 2021, driven by digital transformation demands from enterprises. The study includes surveys from over 220 cloud service providers and will cover multiple countries.
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