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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 (Nasdaq: III) has initiated a research study evaluating public cloud-based infrastructure and services for enterprises. The findings will be featured in the upcoming ISG Provider Lens™ report, titled Public Cloud — Solutions & Services 2022, set for release in December. Key focus areas include digital transformation consulting, managed services, and cloud financial management. The research aims to provide actionable insights for enterprises assessing vendor relationships and cloud solutions in a rapidly growing market influenced by digital transformation and automation needs.
ISG Provider Lens™ report indicates that cloud adoption in Singapore and Malaysia is accelerating due to the COVID-19 pandemic and ongoing digital transformation trends. The market for data center services is developing, with both global and local providers thriving. Key drivers for this growth include increasing automation needs, sustainability initiatives, and edge computing. However, there is a notable shortage of IT skills in the region. The report evaluates 32 providers, naming Singtel and Telekom Malaysia as leaders in multiple service categories.
According to the latest ISG Provider Lens™ report, Australian enterprises are increasingly adopting private and hybrid cloud solutions to accelerate digital transformation, driven by sustainability, automation demands, and COVID-19 impacts. The report highlights the competitive nature of the Australian cloud market and notes significant infrastructure growth beyond major cities. It emphasizes the urgent need for companies to invest in automation to address the IT skills shortage, while also focusing on sustainability. Telstra is recognized as a leader in all service quadrants.
Information Services Group (III) reports strong global demand for IT services, with second-quarter annual contract value (ACV) at $22.8 billion, a 9% increase year-over-year but a 7% decline from Q1. This marks the first sequential decline since Q3 2020. The firm lowers its full-year growth forecasts for managed services to 3.5% and for XaaS to 18%, citing recession fears and market pressures in China. Despite challenges, managed services contracts awarded rose 5% from the previous year, indicating sustained demand.
Information Services Group (NASDAQ: III) announced it will release its second-quarter financial results on August 8, 2022, at 6:30 a.m. ET. A conference call for investors and analysts will follow at 9 a.m. ET. U.S. participants can dial 1-800-304-0389 while international callers should dial +1 313-209-5140 with the access code 7515883. The call recording will be available on the company’s website for approximately four weeks.
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Brazil's private and hybrid cloud sector is witnessing significant growth due to escalating security and regulatory concerns. A report by ISG indicates that Brazilian enterprises are shifting towards managed services, hosting, and colocation services for enhanced resilience and agility in IT operations. The demand for low-latency networks, backup, and rapid deployment of services is driving the hybrid cloud strategy. Key players include AWS, Microsoft, and Google, improving standards for security and compliance. The report also highlights 40 providers across various service quadrants, naming edge.uol and Equinix as leaders.
ISG Report Highlights IT Trends in U.S. Public Sector
The latest ISG Provider Lens™ report reveals that U.S. public sector organizations are transitioning from outdated IT structures to private or hybrid clouds due to remote work, cybersecurity threats, and aging infrastructure. The report evaluates 24 service providers, naming Rackspace Technology and Unisys as Leaders in Managed Services and Hosting. Additionally, Lumen is recognized as a Rising Star in Managed Services, indicating strong future potential. The shift is essential for government agencies to modernize IT and meet today's demands.
Information Services Group (Nasdaq: III) has secured a $10 million (€9.4 million) contract with the Italian government to support its digital transformation efforts over the next three years. This award highlights ISG's experience in helping clients modernize their digital services. The company will oversee various initiatives under Italy's Three-Year Plan for Information Technology, collaborating with key public entities to ensure successful implementation and measurement of digitization outcomes.