Information Svrs Stock Price, News & Analysis

The ISG Provider Lens™ report highlights the U.S. public sector's shift towards enhancing procurement systems, driven by challenges intensified by the COVID-19 pandemic. The report notes a surge in demand for procurement software and BPO services, with agencies seeking immediate operational improvements and cost reductions. It forecasts significant public-sector spending on these solutions this year, with potential first-year savings of 15-30%. GEP is recognized as a leader across all evaluated quadrants, while Accenture, IBM, and others excel in multiple areas.

ISG Provider Lens™ report highlights the growing transformation among German enterprises using ServiceNow workflow solutions as they adapt to disruptions like the pandemic. Despite established processes, companies are pursuing digital transformation for agility and resilience, particularly with new hybrid work models and cloud migrations. The report evaluates 29 providers in Germany and identifies leaders, including Accenture and Capgemini, across various ServiceNow quadrants. Customized versions of the report are available for purchase.

ISG Provider Lens™ report reveals that insurance carriers are increasingly leveraging outside providers for platforms and services to enhance competitiveness. The report highlights that COVID-19 has prompted insurers in Life & Retirement (L&R) and Property & Casualty (P&C) sectors to accelerate their digital transformations, adopting advanced technologies like AI and cloud computing. It categorizes clients into four archetypes: Transactional Services Buyers, Automation-Led Buyers, Transformation-Oriented Buyers, and Holistic Solutions Buyers, with notable providers including Cognizant and Accenture named as Leaders.

ServiceNow's Ecosystem Strengthens

According to the 2022 ISG Provider Lens™ report, U.S. enterprises increasingly seek unified platforms to manage business functions, with ServiceNow emerging as a leading solution. The report highlights challenges in managing multiple applications, rising costs, and security concerns. ServiceNow's growth is propelled by a robust partner ecosystem that targets industry-specific needs. The report evaluates 29 providers, naming top players like Accenture and Deloitte as Leaders across multiple quadrants, showcasing a promising future for the ServiceNow ecosystem.

Information Services Group (Nasdaq: III) has launched a research study on cloud-native services and solutions for containerized applications, to be published in the Cloud-Native Services and Solutions 2022 report in September. This report will help enterprises assess their vendor relationships, focusing on areas such as managed container services, cloud-native security, and observability tools. With input from over 200 providers, it will offer insights into the evolving cloud-native market, helping businesses navigate new challenges and opportunities in application management.

Information Services Group (Nasdaq: III) has launched new research focused on contact center services and as-a-service platforms. The findings will be published in the Contact Center – Customer Experience Services 2022 report in September. The pandemic has heightened the need for effective customer service technologies, prompting enterprises to adapt to new requirements. Research will cover over 70 providers and five quadrants, including digital operations and AI capabilities. This comprehensive evaluation aims to guide enterprises in selecting optimal service providers.

Cloud migration in Australia is accelerating, with enterprises increasingly moving complex applications to Azure, according to ISG's 2022 Provider Lens™ report. Demand for cloud-certified experts is rising, especially in technologies like AI and cybersecurity. COVID-19 has accelerated this trend as companies seek cost reductions and agility. The report evaluates 43 providers, naming Accenture/Avanade, DXC Technology, TCS, and Wipro as Leaders across all five quadrants. Local providers are emerging, challenging global competitors while adapting to market needs.

Information Services Group (ISG) has successfully assisted Amadeus in selecting Microsoft as a strategic partner for a major cloud transformation initiative. This initiative, one of the largest cloud transactions, involves migrating Amadeus' internal data centers to Microsoft Azure. ISG’s expertise was critical in developing the RFP, evaluating proposals, and negotiating the partnership, which aims to innovate travel services and enhance operational transparency. The collaboration is expected to set new standards in cloud service partnerships within the travel industry.