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Information Services Group, Inc. reports developments as a global AI-centered technology research and advisory firm serving enterprise technology and business-services markets. The company publishes research on digital transformation, AI adoption, sourcing, cloud and data analytics, provider ecosystems, governance, risk, software, network and technology strategy.
Recurring news includes ISG Provider Lens® studies across industries such as healthcare, life sciences, aerospace and defense, automotive and mobility, SAP ecosystems and global capability centers. Company updates also cover quarterly results, GAAP and non-GAAP performance measures, advisory-market trends and the role of AI, automation, data platforms and managed services in enterprise operations.
Information Services Group (III) reports a surge in demand for intelligent automation solutions in the Nordics, driven by high labor costs and the need for digital transformation. The 2022 ISG Provider Lens™ report highlights that Nordics, historically slow in automation adoption, is now witnessing increased investment, particularly in Finland and Norway. Key sectors include financial services, manufacturing, and retail. Notably, companies primarily use automation in functional silos, with limited progress towards comprehensive automation. Major players like Accenture and Capgemini are identified as leaders in the sector.
Enterprises in the Nordics are enhancing supply chains, customer experiences, and sustainability initiatives, as highlighted in the ISG Provider Lens™ report. The report indicates a significant digital transformation spurred by COVID-19 and disruptions from the war in Ukraine. 36 providers were evaluated across four quadrants, with Accenture, HCLTech, IBM, and Wipro named as leaders. The report emphasizes the importance of ESG initiatives and digital technologies in adapting to market challenges, aiming to improve transparency in supply chain impacts.
ISG report highlights the rising demand for FinOps platforms in public cloud migration strategies. With enterprises facing increased cloud expenses due to growth in public cloud reliance, effective cost management has emerged as a priority. The global FinOps market is projected to grow over 30% in 2022, as companies seek to optimize and oversee their cloud resource usage. Leading providers in this quadrant include Apptio, Flexera, and VMware. The report underscores the importance of linking cloud strategies with business objectives.
ISG's new report highlights a surge in digital transformation among U.K. enterprises post-pandemic. Companies are aligning with economic changes by enhancing customer experience and supply chain management through digital solutions. The report emphasizes the use of AI, automation, and sustainability initiatives supported by government policies. Prominent service providers like Accenture and IBM are recognized as leaders in critical service areas. The ongoing transformation aims to address complex supply-chain challenges and meets environmental, social, and governance goals.
The 2023 ISG Paragon Awards™ ANZ announced its finalists, celebrating innovative approaches in leveraging technology for business success. A total of 57 nominations were submitted across categories such as Excellence, Innovation, Transformation, Workplace of the Future, Environmental Sustainability, and Diversity. Winners will be revealed at a gala dinner on March 2, 2023, at the Fullerton Hotel Sydney. The event emphasizes the critical partnerships that enable enterprises to adapt and thrive amidst disruption.
Information Services Group (Nasdaq: III) has released its 2022 ISG Provider Lens™ report, highlighting a significant uptick in U.S. enterprises' adoption of digital services due to technological complexities. The report emphasizes that digital transformation is essential across industries, pushing firms towards agility and resilience post-pandemic. Notably, companies are increasingly engaging in ESG initiatives, with a keen focus on decarbonization. The report ranks leading providers, naming Accenture and HCLTech as leaders across all quadrants.
U.K. Enterprises Turn to Intelligent Automation Amid Stagflation
According to a new report from ISG, U.K. companies plan to invest more in intelligent automation technologies to cut costs during the ongoing stagflation crisis. The report highlights a revolution in automation methods, integrating AI and machine learning to enhance efficiency across various business processes. Key players such as Accenture and Capgemini have been identified as leaders in the automation sector. Additionally, challenges like technical debt and governance are crucial as enterprises shift toward comprehensive automation strategies.
Thirty winners were honored at the inaugural Digital Engineering Awards, organized by L&T Technology Services in collaboration with ISG and CNBC-TV18. The event, held at the Hyatt Regency Jersey City, showcased more than 120 nominations from over 70 global firms. Awards were given across nine categories, recognizing significant contributions to engineering, research, and sustainability initiatives. Notable winners included Openreach Ltd., ExxonMobil, and Eaton Corporation, highlighting the achievements of organizations and individual engineers driving innovation.
Information Services Group (III) reports a surge in U.S. investments in automation technology, aiming to enhance productivity and business processes. The 2022 ISG Provider Lens™ report reveals the U.S. generates nearly 45% of global spending in automation, emphasizing intelligent automation's role in sectors like finance and healthcare. The report notes challenges in scaling enterprise-wide automation and highlights leaders and rising stars in automation services, including Accenture and PwC. The findings indicate a strong demand for AIOps solutions to streamline operations.
The ISG Provider Lens™ report indicates that German banks are undergoing significant digital transformation in response to increasing competition from fintechs and technology giants. The report outlines three main banking types in Germany—private, savings, and cooperative— and how they are adapting by developing neo-banks. It emphasizes the need for banks to specialize and engage with diverse technology providers to modernize their business models. The report evaluates 26 service providers, naming leaders in various quadrants, and highlights the rise of new payment technologies and open banking platforms.