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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 (ISG) has announced the finalists for the 2024 ISG Women in Digital Awards, recognizing exceptional leadership among women in digital roles. The program features 458 women finalists across the Americas, EMEA, Asia Pacific, and India in five award categories. An online ISG Women in Digital eBook details the finalists and independent judging panels. Winners will be announced during virtual ceremonies in September.
The award categories include Digital Innovator, Rock Star Leader, Women's Advocate, Rising Star, and Digital Titan of the Year. The program, part of the ISG Women in Digital community established in 2018, aims to promote the advancement of women in digital roles and provide a platform for exchanging advice and ideas on diversity in the workplace.
The 2024 ISG Provider Lens™ Cybersecurity report for the U.K. highlights a trend among enterprises to integrate individual security tools into a unified security framework. This approach aims to counter increasingly complex cyberattacks by improving threat visibility and response times. The report emphasizes the growing strategic importance of cybersecurity, with businesses aligning security measures with overall goals and including cyber experts on corporate boards.
Key findings include:
- Adoption of unified management interfaces for consolidated security functions
- Focus on creating a cybersecurity awareness culture across organizations
- Increasing trend towards cyber risk quantification services
- Evaluation of 112 providers across eight cybersecurity quadrants
The report names several companies as Leaders in multiple quadrants, including IBM, Accenture, BT, Capgemini, and Deloitte.
The 2024 ISG Provider Lens™ Cybersecurity report for Australia highlights the increasing focus on cybersecurity among Australian enterprises and government agencies. Key findings include:
Rising threats: More frequent and severe cyberattacks, including ransomware and supply chain attacks, are targeting critical infrastructure.
Regulatory response: The Australian government is imposing new cybersecurity mandates and guidelines.
Technology adoption: Organizations are investing in AI and automation tools for threat detection and defense, as well as identity and access management (IAM) solutions.
Market trends: There's a growing demand for strategic security services, managed security services, and comprehensive, flexible security toolkits.
Challenges: The industry faces a shortage of skilled security workers and concerns about AI risks.
The 2024 ISG Provider Lens™ Cybersecurity report reveals that U.S. enterprises are intensifying their cybersecurity investments due to a surge in data breaches. Key findings include:
1. Healthcare and financial services are the most targeted sectors.
2. Companies are adopting AI for vulnerability analysis and prediction.
3. Extended Detection and Response (XDR) and Security Service Edge (SSE) are becoming essential.
4. Large enterprises are implementing Zero Trust Architectures (ZTAs).
5. SMBs are focusing on fundamental security measures and managed services.
The report evaluates 108 providers across ten quadrants, with IBM leading in six quadrants. Other notable leaders include Accenture, Deloitte, and TCS.
According to the 2024 ISG Provider Lens™ report, enterprises in France are shifting from a 'cloud first' to a 'cloud right' strategy, reassessing their hybrid cloud architectures. This new approach balances private and public cloud benefits, considering licensing costs, modernization expenses, and regulations on healthcare data, privacy, and data sovereignty.
The report highlights that service providers are well-prepared to help enterprises comply with certain new regulations, such as Hébergeur de Données de Santé (HDS) certification for healthcare and CNIL standards for data privacy. However, challenges remain in meeting strict French data sovereignty requirements, with few providers offering SecNumCloud certifications from ANSSI.
The report also notes that midmarket enterprises in France prioritize cost and performance over data sovereignty, enabling more flexible multicloud and hybrid infrastructures.
Information Services Group (ISG) (Nasdaq: III) hosted Startup Challenges at recent events in London and New York, showcasing innovative AI and automation solutions. SilkFlo, a SaaS platform for automation and AI pipeline management, won the challenge at the ISG Digital Business Summit in London. At the ISG Future Workplace Summit in New York, Kognitos, which enables business users to build automated workflows using natural language, emerged victorious. Ema, offering a universal AI employee that integrates with existing IT infrastructure, won at the ISG Xperience Summit in New York.
These challenges provide entrepreneurs with a platform to pitch their technologies directly to engaged technology leaders, helping them refine their strategies and gauge market interest. The winning solutions align with top enterprise priorities for AI, including creating long-term strategies and identifying use cases for revenue growth and improved customer experience.
The 2024 ISG Provider Lens™ report highlights Brazil's growing demand for data centers to support GenAI testing and development. Key points include:
1. Enterprises are moving away from on-premises data centers to managed hosting and colocation facilities.
2. GenAI requires significant energy, prompting plans for solar and wind farms.
3. Hybrid approaches allow data distribution across locations with private links.
4. Market expansion includes new providers, increased floor space, and international investment.
5. Colocation sites offer connectivity to major cloud providers and the Brazilian internet exchange.
6. Software-defined networking (SDN) enables virtual data centers across multiple locations.
The report evaluates 43 providers across four quadrants, naming several Leaders and Rising Stars in the Brazilian market.
L&T Technology Services (LTTS) has launched the third annual Digital Engineering Awards in collaboration with Information Services Group (ISG) and CNBC TV18. The awards recognize global engineering excellence and innovation, with nominations open to product companies, manufacturers, and OEMs worldwide until September 23, 2024. Winners will be announced on December 7, 2024, in Dallas, Texas.
The 2024 program builds on the success of previous years, which attracted over 200 nominations from more than 100 leading organizations globally. This year's awards are divided into two segments: Engineering The Change and Engineer At Heart, comprising 11 categories. New categories include AI Champion (Innovator) of the Year and AI Impact of the Year, reflecting recent shifts in technology and AI adoption.
The 2024 ISG Provider Lens™ report reveals that German enterprises are adjusting their cloud strategies due to economic downturn, focusing on cost optimization. Companies are reconsidering on-premises and private cloud environments, realizing not all workloads belong in the public cloud. Infrastructure modernization is seen as important for network security and meeting digital marketplace demands.
Service providers can assist in creating roadmaps for improving performance and reducing costs. The report highlights the risks of relying on outdated IT infrastructures and the importance of modernization despite its challenges. It also notes an increasing reliance on colocation services in Germany.
Information Services Group (ISG) has partnered with CoreTrust Purchasing Group to provide intelligent automation services to over 3,200 CoreTrust member companies. The suite includes strategic assessments, consulting, solution development, deployment, and ongoing support. ISG Automation's offerings encompass robotic process automation (RPA), natural language processing (NLP), and intelligent document processing (IDP).
The partnership also introduces ISG Automation on Demand™, a cloud-hosted platform-as-a-service allowing flexible scaling of software bots. This collaboration aims to help CoreTrust members optimize technology spending and improve ROI. CoreTrust, driving over $7 billion in annual indirect spending, sees this as a strategic move to enhance member benefits across various industries.
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