Information Services Group, Inc. - III STOCK NEWS

On September 7, 2020, Information Services Group (Nasdaq: III) released its 2020 ISG Provider Lens™ IoT – Services and Platforms Report, highlighting a surge in IoT adoption among Germany's industrial manufacturers. The report reveals that while many companies are curbing non-essential IT projects due to the COVID-19 pandemic, demand for IoT solutions remains complex, focusing on predictive maintenance and resource management. Security concerns also pose challenges. Capgemini and Deutsche Telekom are recognized as leaders across all quadrants, showcasing their expertise in the growing IoT market.

The 2020 ISG Provider Lens IoT – Services and Platforms Report reveals significant evolution within the U.S. IoT market, highlighting enterprises’ focus on business optimization and operational efficiencies. Key findings indicate that IoT technologies are critical for digital transformation, with a strong demand for partnerships among service providers. The report also emphasizes the growing importance of cybersecurity in IoT, although a comprehensive security framework is currently lacking. Industry leaders identified include Capgemini, Cognizant, and IBM, with considerable investments noted in smart buildings and connected vehicles.

The recent white paper by Information Services Group (III) highlights the growing importance of independent software vendors (ISVs) in digital transformation. Sponsored by AWS, it identifies key attributes of emerging ISVs, such as a focus on customer experience, flexible pricing models, and industry-specific solutions. By utilizing advanced technologies like AI and analytics, these ISVs can enhance customer interactions and reduce operational costs. The report emphasizes the necessity for enterprises to select the right ISVs to successfully navigate digital transformation, with AWS playing a critical role in this evolving landscape.

ISG will host a live online event on September 1, at 2 p.m. ET, focusing on digital transformation strategies for health insurers. Moderated by Ron Exler, the webinar features insights from industry leaders, including Deborah Norton from Harvard Pilgrim Health Care. They will discuss the adaptations made by Harvard Pilgrim in response to COVID-19, particularly the role of intelligent automation in enhancing efficiency. ISG highlights that automation can drastically reduce claims processing costs, from $4 manually to $1.25 when automated. The event aims to share valuable strategies for health insurance companies.

The 2020 ISG Provider Lens Cyber Security – Solutions & Services Report highlights a growing focus on cyber security among Australian enterprises. Increased C-suite awareness is driven by stricter regulations, particularly the Australian Privacy Act and the Notifiable Data Breaches scheme. The COVID-19 pandemic further accelerated the adoption of cyber measures, with many companies implementing new strategies due to rising cyber attacks. The report evaluates 58 providers in various quadrants, naming IBM as a leader in all five while identifying rising stars like CyberCX and Tesserent.

The 2020 ISG Provider Lens Cyber Security Solutions & Services Report highlights the rising demand for cybersecurity services in Switzerland, particularly influenced by the COVID-19 pandemic. Swiss companies face increasing cybersecurity threats as they adapt to remote work and digitization. The report notes a significant interest in identity and access management and data loss prevention solutions. It evaluates 73 providers, naming IBM as a leader across all five quadrants. The findings underline the importance of maintaining updated IT security systems to safeguard enterprises from evolving cyber threats.

On August 24, 2020, Information Services Group (Nasdaq: III) released its 2020 ISG Provider Lens Cyber Security – Solutions & Services Report for Germany. The report highlights increased demand for cyber security services as businesses digitize operations and face new threats, particularly during the COVID-19 pandemic. Key findings indicate a shift towards cloud-based identity and access management, rising interest in data loss prevention, and reliance on external providers for IT security. IBM was named a leader in all five evaluation quadrants, underscoring its dominant position in the market.

Information Services Group (III) has launched a comprehensive research study on the manufacturing services market amid digital transformation. The results will be published in the ISG Provider Lens™ report, Manufacturing Industry Services 2020, set for release in January. The report will address the impact of COVID-19 on digitization, shifting manufacturing models, and service providers' roles across the smart manufacturing value chain. Surveys have been distributed to over 150 service providers, covering key areas such as Smart Product Engineering, Production Automation, and Manufacturing Connectivity.

ISG will host the virtual ISG TechXchange event on September 2, featuring leaders from banking and financial services discussing digital transformation strategies. Keynote speakers include experts from Dow Jones and AXA, addressing industry challenges such as customer demands and competition. Discussions will focus on automation, AI ethics, and customer service innovations. The event is complimentary for enterprises and will include various keynote addresses, breakout discussions, and networking opportunities. Previous ISG events have attracted over 700 participants globally, highlighting the firm’s role in supporting digital transformation.