Information Svrs Stock Price, News & Analysis

According to a report by Information Services Group (Nasdaq: III), Nordic enterprises are increasingly shifting towards hybrid IT and multi-cloud environments. Over half of these companies plan to migrate applications to a multi-cloud setup. The report predicts significant growth in IT outsourcing, driven by scalability and cost-reduction goals. Furthermore, there is rising demand for managed hosting services and physical security solutions, including robot monitoring in data centers. ISG evaluated 66 providers, naming leaders across various service categories, highlighting a competitive landscape.

The ISG Provider Lens™ report highlights the growing trend of U.K. enterprises adopting colocation in data centers to enhance multi-cloud strategies, influenced by data sovereignty and security concerns. Approximately 60% of workloads remain on-premises. The report indicates a cautious approach to IT projects due to Brexit and the COVID-19 pandemic, which may lead to increased IT outsourcing. Key players like BT are recognized as leaders across multiple quadrants, with significant growth expected in software-defined data centers and hyperconverged infrastructure for cost efficiency.

Information Services Group (III) will announce its second-quarter financial results on August 10, 2020, at 6:30 a.m. ET. Investors and analysts are invited to join a conference call on the same day at 9 a.m. ET. U.S. participants can dial 1-800-367-2403, while international callers should use +1-334-777-6978, entering security code 8105163.

ISG focuses on digital transformation, automation, and advisory services, serving over 700 clients globally, including 75 of the top 100 enterprises.

The 2020 ISG Provider Lens™ report highlights a shift to hybrid cloud solutions among U.S. enterprises due to the COVID-19 pandemic. While short-term IT spending is delayed, cloud-based as-a-service solutions are projected to increase by 12% by year-end. Companies using hybrid clouds enjoy better flexibility and resilience. Challenges include managing large data volumes and a talent shortage in the data center industry. The report evaluates 79 providers, naming IBM as a leader in three quadrants, while others like Capgemini and Cisco excel in two.

According to the new 2020 ISG Provider Lens Network Report, U.S. enterprises are increasingly adopting software-defined networking (SDN) and network function virtualization technologies to enhance cloud integration. The report notes that firms are replacing traditional MPLS technologies and embracing SDN for its ability to simplify operations and improve efficiency. It highlights leaders in the field, naming AT&T, Verizon, and IBM as top performers. Additionally, SD-WAN technologies are emerging to facilitate real-time management of network resources, driving demand for comprehensive SDN solutions across the U.S. market.

ISG (Nasdaq: III), a global technology research and advisory firm, has launched a comprehensive study exploring digital business service providers transforming enterprise processes. The results will be detailed in the ISG Provider Lens™ report titled Digital Business — Solutions and Service Partners 2020, set for October release. This report will highlight digital technologies driving enterprise agility and customer engagement. Key focus areas include digital consulting, customer experience services, and supply chain transformation. The study gathers insights from over 140 providers across multiple countries.

ISG (Nasdaq: III) has launched the ISG Smartalks Blockchain Now podcast series, focusing on the practical applications and benefits of blockchain technology across various industries. Hosted by Alex Manders, each of the six episodes will highlight case studies from leading enterprises showcasing measurable gains from their blockchain implementations. Topics include pharmaceutical supply chains, healthcare, and food safety. The series aims to demystify blockchain for businesses, illustrating its potential to drive operational efficiency and revenue growth.

ISG will host the ISG Digital Business Summit on June 24, 2020, via virtual platform to discuss strategies for enhancing business agility amid digital transformation. Featuring leaders from AECOM, Zurich Insurance, and Ipsos, the summit will focus on adapting business models, customer engagement, and operational optimization. Attendees will benefit from insights into cybersecurity challenges and agile transformation initiatives. The event, designed for global participation with complimentary registration, emphasizes the importance of tech-driven business efficiency in a post-pandemic world.