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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.
ISG's new report highlights the shift of traditional banks towards digital banking platforms to meet consumer demands for quick online services. Over 70% of banks are migrating to cloud-based solutions, enhancing agility and cost-efficiency. The report emphasizes partnerships with fintech startups to leverage Banking-as-a-Service models, improving product offerings. While the technology landscape evolves, banks must modernize strategically to stay competitive.
HARMAN's Digital Transformation Solutions (DTS) has been recognized in the ISG Provider Lens™ IoT Services report for 2022, earning accolades as a leader in Implementation, Managed Services, Mobile Asset Tracking, and Data Management. Additionally, it was rated a Rising Star in Strategy Consulting. This recognition highlights HARMAN DTS's commitment to providing innovative, secure, and scalable IoT solutions, leveraging a robust partner ecosystem and human-centered design. The firm's efforts in blending physical and digital technologies to meet evolving customer needs demonstrate its capability to deliver exceptional value.
Information Services Group (Nasdaq: III) reported second-quarter GAAP revenues of $71 million, reflecting a 500 bps negative foreign exchange impact. The company achieved a record net income of $5 million, with GAAP EPS at $0.10 and adjusted EPS at $0.13. First-half results were also strong, with revenues of $143 million, a 9% increase in constant currency. ISG returned $9 million to shareholders through repurchases and dividends, declaring a $0.04 dividend for Q3. Guidance for Q3 estimates revenues between $71 million and $73 million.
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Enterprises in Singapore and Malaysia are increasingly adopting Software-Defined Networking (SDN) to enhance network integration, automation, and management, as highlighted in the 2022 ISG Provider Lens report. The report indicates that COVID-19 has accelerated demand for network agility, with companies focusing on data-driven strategies for optimal connectivity and security. ISG identifies key players in this space, naming Orange Business Services and Singtel/NCS as leaders across five service categories. The demand for edge computing and IoT is anticipated to rise significantly in the next 12-24 months.
Information Services Group (NASDAQ: III) has launched a new research study focusing on human capital management (HCM) platforms aimed at optimizing workforce management for enterprises. The findings will be published in the HCM Technology Platforms 2022 report in December, covering vendors offering solutions for core HCM functions and talent management. With a competitive market for skilled workers, effective HCM is crucial for strategic goals. Surveys have been distributed to around 50 providers to aid in creating an informed evaluation for enterprise buyers.
Information Services Group (III) has released a report stating that Nordic enterprises are increasingly investing in software-defined networking (SDN) to enhance cloud migration and user experience. The transition to a software-defined-everything (SDx) approach is driven by digitalization and the need for high-speed connections for remote work. This growth is further fueled by trends like multi-cloud environments and the demand for managed SD-WAN services. Notably, SD-WAN technology is becoming more cloud-centric to support SaaS applications, while the small and medium-sized business sector leads in generating demand.
Australian enterprises are increasingly adopting software-defined networking (SDN) as part of digital transformations in response to COVID-19, according to a new report by ISG. The report highlights a shift towards software-defined-everything (SDx) architectures, enhancing network capacity and security. Key trends include rapid cloud migration, distributed networks, and rising demand for edge computing. ISG's evaluation of 40 providers names Infosys, Orange Business Services, and Wipro as leaders across five quadrants. Australian companies aim to integrate multi-cloud architectures and AI for next-gen digital transformation.
The 2022 ISG Provider Lens™ report highlights the growing demand for software-defined networking (SDN) products as U.S. enterprises migrate to the cloud. It emphasizes SDN's role in IT modernization, enabling faster and less risky transitions to cloud services. Notably, the report recognizes AT&T, Orange Business Services, and Verizon as leaders in SDN offerings. Additionally, it identifies the increasing importance of network security, particularly with the rise of secure access service edge (SASE) architecture. Customized reports are available for deeper insights into provider capabilities.
Information Services Group (NASDAQ: III) reports that the adoption of Google Cloud Platform (GCP) in Europe is mirroring trends seen in the U.S..
Companies are increasingly integrating GCP into their multi-cloud strategies, driven by advanced data management and analytics capabilities.
However, European firms remain cautious due to the strong presence of AWS and Microsoft Azure.
Top service providers recognized include Accenture and TCS as leaders.
The report highlights GCP's strengths in advanced applications and sustainability efforts.