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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) released the 2021 ISG Provider Lens™ report highlighting a surge in technology adoption among U.S. insurance carriers due to the COVID-19 pandemic. The report indicates that carriers that started their digital transformation early gained a competitive edge. Key technologies now being utilized include data analytics, artificial intelligence, and cloud-based solutions. Providers like DXC Technology and Majesco are recognized as leaders in insurance platform solutions, supporting carriers in enhancing operational efficiency and product development.
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Information Services Group (Nasdaq: III) has announced a new research study focusing on service and solution providers for power and utility companies. The comprehensive ISG Provider Lens™ report, titled Power & Utilities Industry – Services and Solutions 2022, will evaluate vendors in areas such as intelligent business processes, IT services, enterprise asset management, and grid modernization. The report is set for release in June and will assist utility companies in assessing vendor relationships and making informed decisions in a rapidly evolving market.
Information Services Group (ISG) reported record fourth-quarter GAAP revenues of $70 million, exceeding estimates. The firm achieved net income of $4 million and adjusted EBITDA of $10 million for the quarter. For the full year, ISG's revenue reached $278 million, with adjusted EPS at $0.44. The company declared a $0.03 first-quarter dividend and provided guidance for revenues between $69 million and $71 million. ISG's strong cash flow of $42 million and a year-end cash balance of $47.5 million underscores robust performance amid digital demand.
Information Services Group (NASDAQ: III) will host the ISG Xperience Summit on March 22. The event will focus on the evolving role of data and technology in enhancing customer experiences in a post-pandemic world. Experts, including representatives from Zappos and HubSpot, will discuss strategies to foster customer loyalty and utilize innovation for digital transformation. Key topics include the integration of AI, automation, and sustainability in business practices.
Attendees will gain insights into how enterprises are adapting to meet consumer expectations and challenges.
Information Services Group (Nasdaq: III) has launched a research study to assess services for enterprises using SAP platforms. The findings will be included in the SAP Ecosystem - 2022 report series, set for release in August. The report will help companies evaluate vendor relationships and optimize SAP transformations. With over 22,000 SAP-supporting providers globally, the study will encompass various services, including managed application services and cloud solutions for SAP ERP.
CompuCom, a managed services provider, has been recognized as a leader in the 2021 ISG Provider Lens™ Managed Digital Workplace Services report. The report highlights CompuCom's strengths in experience-focused services, a comprehensive digital workplace solutions portfolio, and strong device management services. Notably, CompuCom offers rapid onsite service and combines traditional SLAs with experience indicators. With over 7,000 professionals and managing 7 million devices, CompuCom serves approximately 700 clients across the U.S. and Canada, solidifying its market leadership.
Information Services Group (Nasdaq: III) has announced the launch of a research study evaluating service providers that assist enterprises with the integration and utilization of Google Cloud technologies. The findings will be published in the upcoming ISG Provider Lens™ report series, set for release in July. The report will help enterprise clients assess vendor relationships and service offerings across five key quadrants including implementation, data analytics, managed services, SAP workloads, and Google Workspace services. A survey has been distributed to over 90 providers for this research.
Information Services Group (NASDAQ: III) has announced the launch of a research initiative examining the growing Internet of Things (IoT) market. This study will culminate in a series of ISG Provider Lens™ reports, scheduled for release in June, covering managed services and mobile asset tracking. Enterprises can leverage this data to evaluate vendor relationships and improve IoT deployments, with the market projected to exceed 27 billion connected devices by 2025. The reports will focus on five key service areas, including strategy consulting and mobile asset management.
Information Services Group (NASDAQ: III) has launched a study assessing digital solutions for payroll operations in U.S. and multinational firms.
The findings will feature in the ISG Provider Lens™ report to be released in June 2022, focusing on managed payroll services, employer of record services, and operational transformation technologies.
The report aims to assist enterprise buyers in evaluating vendor relationships and solutions, highlighting the importance of modernizing payroll for enhancing the employee experience.