Hexaware Named a Top 15 Sourcing Standout by ISG
Rhea-AI Summary
Hexaware (NYSE:III) was named a Top 15 Sourcing Standout by Information Services Group (ISG) in the Breakthrough 15 category for global annual contract value (ACV) won over the past 12 months, per the 4Q 2025 Global ISG Index™. The ISG Index is in its 93rd consecutive quarter and ranks leading providers across sourcing and as-a-service markets. Hexaware highlighted continued investment in AI-led delivery across cloud, data and digital transformation to modernize applications, optimize operations and improve customer experience at scale. ISG cited Hexaware's volume of business relative to other providers as the basis for the ranking.
Positive
- Breakthrough 15 ranking in ISG 4Q 2025 based on ACV won
- Recognition signals commercial momentum in global technology and business services
- Ongoing AI-led investment across cloud, data and digital transformation
Negative
- None.
Key Figures
Market Reality Check
Peers on Argus
Several peers in Information Technology Services, including UIS, TTEC, CSPI, CTM and TDTH, show declines ranging from about -1.78% to -12.77%. III is also down 3.59%, but the scanner flags only one peer in momentum and overall sector move is marked as false, suggesting a more stock-specific pattern.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Feb 04 | Industry research report | Positive | -2.2% | Report on AI-driven manufacturing modernization and provider evaluations. |
| Feb 04 | Sector report Brazil | Positive | -2.2% | Brazil healthcare digital services report highlighting AI and interoperability. |
| Feb 03 | AI study launch | Positive | -5.4% | Launch of Microsoft AI and cloud ecosystem partner research study. |
| Feb 03 | Case study awards | Positive | -5.4% | Recognition of 58 providers in ISG Case Study Research Program. |
| Feb 03 | US healthcare report | Positive | -5.4% | U.S. healthcare digital services report focused on AI-enabled solutions. |
Recent ISG research and AI-related announcements were followed by consistently negative next-day price moves, indicating a pattern of selling into otherwise neutral-to-positive news.
Over the past few days, ISG has issued multiple AI- and research-focused announcements, including manufacturing modernization, healthcare digital services in Brazil and the U.S., and a Microsoft AI/cloud ecosystem study. Despite generally constructive themes, each of these events saw shares decline between 2.22% and 5.42% over the following 24 hours. Today’s recognition of Hexaware in the 4Q 2025 ISG Index™ continues this pattern of positive ecosystem news against a weaker share price backdrop.
Market Pulse Summary
This announcement highlights Hexaware’s inclusion as a Top 15 Sourcing Standout in the 4Q 2025 Global ISG Index™, based on annual contract value over the past 12 months. For ISG, it reinforces the ISG Index™ as a long-running benchmark, now in its 93rd consecutive quarter. In the months ahead, investors may watch how continued provider rankings, recent AI-focused research releases, and quarterly filings like the Q3 2025 10-Q translate into revenue and earnings trends.
Key Terms
annual contract value financial
AI-generated analysis. Not financial advice.
Hexaware was among the leading providers in the Breakthrough 15 category in the global market, based on annual contract value (ACV) won over the past 12 months, according to the 4Q 2025 Global ISG Index™.
Now in its 93rd consecutive quarter, the ISG Index™ provides an independent quarterly review of sourcing industry data and trends and names the top 15 commercial providers across revenue-based categories and regions, including providers competing in both traditional sourcing and as-a-service markets.
"Being recognized as a Top 15 Sourcing Standout reflects the trust our clients place in Hexaware and the strength of our teams in delivering measurable outcomes," said R. Srikrishna, CEO and Executive Director, Hexaware. "As enterprises accelerate transformation, we are focused on putting AI to work in practical ways—modernizing platforms, improving operations and helping clients move faster with confidence."
Over the past year, Hexaware has continued to invest in AI-led delivery and solutions across cloud, data and digital transformation, helping enterprises modernize applications, optimize operations and improve customer experiences at scale.
Hexaware's inclusion in the ISG Index™ is based on data the company submits to ISG each quarter.
"The ISG Index™ is recognized as an authoritative source of marketplace intelligence on the global technology and business services industry," said Paul Reynolds, Chief Research Officer, ISG. "Hexaware continues to build momentum in the global market for technology and business services, based on its volume of business in relation to other providers."
About ISG
ISG (Nasdaq: III) is a global AI-centered technology research and advisory firm. A trusted partner to more than 900 clients, including 75 of the world's top 100 enterprises, ISG is a long-time leader in technology and business services that is now at the forefront of leveraging AI to help organizations achieve operational excellence and faster growth. The firm, founded in 2006, is known for its proprietary market data, in-depth knowledge of provider ecosystems, and the expertise of its 1,600 professionals worldwide working together to help clients maximize the value of their technology investments.
About Hexaware
Hexaware is a global technology and business process services company. Every day, Hexawarians wake up with a singular purpose: to create smiles through great people and technology. With offices across the world, we empower enterprises worldwide to realize digital transformation at scale and speed by partnering with them to build, transform, run, and optimize their technology and business processes. Learn more about Hexaware at https://hexaware.com.
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SOURCE Hexaware Technologies Ltd.
FAQ
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