Information Services Group, Inc. - III STOCK NEWS

ISG (Nasdaq: III) has launched the ISG GovernX® VMO Assessment Survey, enabling enterprises to assess their vendor management office capabilities. The free, 12-minute survey evaluates VMO functions against organizational goals, enhancing vendor relationships. Results are returned within a business day, and responses are anonymous. According to ISG, effective vendor governance is crucial, especially during supply chain disruptions caused by the COVID-19 pandemic. The GovernX platform has seen significant growth, with over 10,000 users managing 7,500 contracts and processing $5 billion in transactions quarterly.

ISG (Nasdaq: III) will host a webinar on June 18, 2020, titled "Digital Governance: From Gut Instinct to Real-time Insight." The session aims to enlighten participants on strategies to enhance third-party relationships through digital tools. Key speakers will discuss the fragmented supplier ecosystem and present five actionable steps for enterprises to improve service excellence and governance. Insights will focus on managing costs, compliance, and risk in supplier relationships, especially in the complex COVID-19 environment.

ISG (Nasdaq: III) has launched a research study focused on technology services for the banking sector. The findings will be published in the Banking Industry Ecosystem 2020 report, due in November. It will analyze core banking services and how providers enhance operational agility for financial institutions. The study, based on surveys from over 40 service providers, will classify offerings into four quadrants: core banking platforms for retail and corporate, payments ecosystem services, and KYC/AML services. The report aims to aid enterprise buyers in evaluating vendor relationships and potential engagements.

ISG (Nasdaq: III) has launched a research study analyzing the growing public cloud marketplace as enterprises adopt the as-a-service model. The findings will be published in the Public Cloud – Solutions & Services 2020 report in December, focusing on key public cloud products such as IaaS and PaaS. The report aims to assist enterprise buyers in evaluating vendor relationships and services amidst the rapid rise in public cloud adoption. Surveys have been distributed to over 170 providers to compile data across six quadrants representing typical enterprise cloud service needs.

ISG, a leading global technology research and advisory firm, will present key strategies to scale automation at the Automation Anywhere Imagine event, occurring June 9-11. With 70% of companies using robotic process automation (RPA), only 12% have automated over 50 processes. Major barriers include translating automation ROI and organizational challenges. ISG emphasizes the need for a dedicated automation strategy and resources. Having partnered with Automation Anywhere since 2016, ISG aims to help clients maximize RPA benefits, thereby improving operational efficiency and reducing costs.

ISG will host the Smart Manufacturing summit on June 9, 2020, featuring industry leaders to discuss Industry 4.0 advancements and the post-pandemic landscape. The event includes keynote presentations and discussions on the digitization of product lifecycles, smart manufacturing ecosystems, and industrial IoT. David Lewis predicts a 12.4% CAGR growth in smart manufacturing through 2025. Other speakers will cover strategies for innovation, ROI, and digital technology implementation. Attendance is free for enterprise IT and business executives.

ISG (III) reports a significant rise in demand for its GovernX vendor compliance platform amid the COVID-19 pandemic. Client numbers and users have surged over 100%, now exceeding 10,000. GovernX manages 7,500 contracts, processing over $5 billion in quarterly transactions. New clients include major telecommunications and financial services firms. The platform enhances contract lifecycle management, promising up to 30% savings on outsourcing. Cumulative client savings from ISG solutions exceed $100 million, driven by insights from $450 billion in facilitated transactions.

The 2020 ISG Provider Lens Microsoft Ecosystem Partners Report for Brazil highlights significant growth in the cloud market, with Brazilian enterprises increasingly adopting Microsoft's Azure for application management. Security concerns are diminishing, and cost is no longer a barrier. The report identifies 20,000 partners in Brazil, with local service providers gaining a competitive edge in the midmarket. Key players like Accenture and IBM are recognized as leaders in various quadrants as MSPs expand services to include AI and advanced data analytics capabilities.