Information Svrs Stock Price, News & Analysis

Information Services Group (ISG) has launched a research study focused on the expanding ecosystem of SAP partners aiding enterprises in optimizing their SAP S/4HANA ERP systems. The comprehensive ISG Provider Lens™ report titled SAP HANA Ecosystem Services 2021 will be published in August and will assess various SAP-related service providers. Additionally, surveys have been distributed to over 150 service providers, with results aimed at assisting enterprises in evaluating vendor relationships and enhancing operational efficiency.

ISG (Nasdaq: III), a prominent global technology research and advisory firm, has initiated a research study focusing on cybersecurity solutions and services worldwide. The findings will be published in the ISG Provider Lens™ report, scheduled for release in June. This report will assist enterprises in evaluating vendor relationships and offerings amid escalating cybersecurity threats driven by the pandemic. The study involves over 425 cybersecurity providers and covers key areas including identity management, data loss prevention, and managed security services across various countries.

ISG is set to host the TechXchange: Retail/CPG event from February 23-24, focusing on evolving consumer behavior post-pandemic. Experts will discuss trends in supply chains, e-commerce, and technology solutions to enhance operations. Keynotes from industry leaders will emphasize the necessity for retailers and CPG companies to adopt resilient strategies in a rapidly changing market influenced by accelerated e-commerce growth. The event will also feature networking opportunities and a startup challenge, supported by sponsors like Cognizant, Wipro, and Workday.

Information Services Group (ISG, Nasdaq: III) will release its fourth-quarter financial results on March 11, 2021, at 4:30 p.m. ET. A conference call for investors and analysts is scheduled for March 12, 2021, at 9 a.m. ET. Participants can dial 1-800-437-2398 for U.S. or 001-323-289-6576 for international access, using the security code 9590681. ISG, based in Stamford, Conn., serves over 700 clients globally, focusing on digital transformation, cloud, and data analytics services. A recording of the call will be available on the company’s website for four weeks.

ISG Automation, the intelligent automation division of ISG (Nasdaq: III), has announced a partnership with RPA Supervisor to enhance digital workforce management for clients. This collaboration aims to optimize automation investments by allowing dynamic scheduling and orchestration of automation resources. RPA Supervisor's technology can cut automation total cost of ownership by 35% or more. The partnership aligns with ISG's strategy to provide cutting-edge automation services, ensuring clients maximize their automation capabilities and ROI.

Manufacturers in the U.S. are increasingly investing in smart manufacturing technologies as a response to the COVID-19 pandemic and ongoing trends for cost reduction. The new ISG report reveals heightened focus on automation, virtualization, and local manufacturing, driven by pandemic-related disruptions.

Key findings indicate that companies are adopting IoT technologies to minimize machine downtime and pivoting towards digital services. Prominent firms recognized as leaders in this industry include Capgemini, Siemens, and IBM, emphasizing a broad investment outlook.

The Americas sourcing market achieved a record $30.4 billion in annual contract value (ACV) for 2020, marking an 8% increase. Cloud-based services surged 18.5% to $17.9 billion, while managed services fell 4% to $12.5 billion. The fourth quarter saw cloud-based services hit a high, but managed services declined to their lowest in over four years, with IT outsourcing down 32%. Looking ahead, ISG forecasts a 20% growth in cloud-based services globally for 2021. The findings reflect evolving demands as businesses accelerate digital transformations following the pandemic.

ISG Automation has enhanced its Neuralify Digital Enablement Platform to support Automation Anywhere A2019 and UiPath Studio software. This upgrade aims to expedite RPA adoption by enabling citizen developers to quickly develop RPA bots. Clients typically see a 270% increase in output and a 43% reduction in build costs. The code quality analyzer included in the platform improves adherence to best practices and reduces review time by 80%. This expansion is expected to attract a broader audience of developers and enhance ISG’s comprehensive automation solutions.