Welcome to our dedicated page for Information Svrs news (Ticker: III), a resource for investors and traders seeking the latest updates and insights on Information Svrs stock.
News and updates for Information Services Group, Inc. (ISG) (Nasdaq: III) focus on its role as a global AI-centered technology research and advisory firm. ISG regularly issues announcements about its research programs, AI initiatives and market analyses that are relevant to enterprises evaluating technology and business services providers.
Readers can expect coverage of ISG’s AI-focused developments, such as the acquisition of the AI Maturity Index SaaS platform, which assesses and benchmarks workforce readiness for AI adoption, and the formation of an AI Acceleration Unit to coordinate AI-related advisory and research offerings. News may also highlight ISG’s plans for a proprietary insights platform with an AI-powered “intelligence advisor” designed to give organizations real-time access to ISG data and analysis on technology markets and providers.
ISG news frequently features the ISG Provider Lens® research series, which examines providers in areas like private and hybrid cloud data center services, cybersecurity services and solutions, insurance services, and digital business innovation services. Articles describe how enterprises are using AI, cloud infrastructure, digital engineering and unified services to modernize operations and address regulatory, security and customer experience challenges.
In addition, updates from ISG Software Research and its ISG Buyers Guides™ for analytics, AI analytics and enterprise resource planning (ERP) provide insight into software market trends and vendor evaluations. Investors and technology decision-makers can use this news feed to follow ISG’s research agenda, AI-centered strategies and commentary on how enterprises are adopting AI and modern technology platforms.
Information Services Group (III) will release its second-quarter financial results on August 9, 2021, at 6:30 a.m. U.S. Eastern Time. The company will also hold a conference call with investors at 9 a.m. the same day. U.S. participants can dial 1-800-437-2398, while international participants should call 001-323-289-6576, using security code 1506173. A recording of the call will be available on ISG’s website for four weeks after the event.
According to ISG's 2021 Retail Software and Services Report, consumer buying behaviors have shifted significantly post-COVID, with over 75% of retailers offering online purchases for in-store pickup and 58% providing curbside service—up from just 4% in 2019. E-commerce revenue is projected to rise to 20% of total retail sales this year. Retailers are adapting by enhancing digital engagement and restructuring store layouts, with 25% of malls expected to close by 2022. The report identifies leaders in retail tech and highlights the need for interconnected supply chains to meet the increasing online demand.
Information Services Group (ISG) (Nasdaq: III) has launched a research study analyzing digital business solution providers. The findings will be published in the ISG Provider Lens™ report titled Digital Business — Solutions and Service Partners, set for release in November. This study aims to aid enterprise buyers in assessing vendor relationships amid a shift towards customer-centric digital transformations, accelerated by the COVID-19 pandemic. The research will evaluate 200 providers and cover areas like digital consulting, customer experience, supply chain transformation, and sustainability services across various global markets.
A recent report by Information Services Group (Nasdaq: III) reveals that global enterprises are increasingly outsourcing their private and hybrid cloud management to enhance operational efficiency. The 2021 ISG Provider Lens Report highlights that outsourcing helps control costs and provides access to specialized IT skills. The infrastructure-as-a-service (IaaS) market saw a notable 41% year-over-year growth, with spending reaching $8.2 billion in Q2 2021. The report identifies HPE and VMware as leaders in cloud services and notes ongoing interest in hyperconverged infrastructure.
The latest report from Information Services Group (III) highlights the impact of the COVID-19 pandemic on North America’s utilities sector, emphasizing accelerated digital transformation. Utilities are enhancing workforce collaboration, customer service, and cybersecurity to address vulnerabilities exposed by lockdowns. The report evaluates 37 providers in various service categories, naming leaders like Accenture and IBM. Rising Stars such as Conduent reflect potential growth. The report underscores the increasing need for sophisticated technologies as utilities shift towards sustainable energy sources.
Information Services Group (ISG) reports record demand for technology and business services, reaching $19.1 billion in annual contract value (ACV) for Q2 2021, up 32% year-over-year. The cloud-based as-a-service market hit $11.2 billion, with significant growth in Infrastructure-as-a-Service (IaaS) and Software-as-a-Service (SaaS). Managed services also reached a new high of $7.9 billion, with a record of 525 contracts signed. The Americas saw 25% ACV growth, while Asia Pacific experienced a remarkable 59% increase. ISG forecasts a 21% global growth in cloud services for 2021.
The 2021 ISG Provider Lens Network – Software Defined Solutions and Services Report highlights growing U.S. enterprise adoption of software-defined networking (SDN) post-COVID-19. Companies are leveraging SDN for enhanced agility, operational efficiency, and improved security. The report included analysis of 59 providers, naming AT&T and Verizon leaders in all six quadrants. Additionally, SDN is seen as vital for integrating AI and IoT technologies. The findings emphasize the need for transformation in business processes to fully exploit the advantages of SDN technologies.
According to a recent report by ISG, U.S. enterprises are increasingly adopting private and hybrid clouds, driven by a rise in IT outsourcing and the need for innovative business solutions amid the COVID-19 crisis. The report highlights that Q1 2021 IaaS spending reached a record $7.2 billion globally, with a 14% increase in the Americas. Companies are prioritizing flexibility in outsourcing partners and favoring fewer vendors for comprehensive solutions. Notable leaders identified in the report include Ensono, IBM, and Rackspace Technology.
Information Services Group (III) has initiated two research studies focused on digital banking services and platforms, triggered by the changes in the banking sector due to COVID-19. The findings will be published in reports due in November, detailing offerings in digital modernization, governance, risk compliance, and payment processing. These reports aim to assist enterprise buyers in evaluating vendor relationships and will incorporate expanded customer experience data in future evaluations. The banking industry is adapting to digital transformation, which is crucial for remaining competitive.
Information Services Group (ISG) (Nasdaq: III) recognizes 39 IT and business services providers with its 2021 ISG Digital Case Study Awards™ for excellence in digital transformation initiatives. Selected from nearly 250 submissions, the case studies predominantly focused on enhancing customer experience to drive revenue growth. The award winners include four providers with multiple standout case studies and 19 companies with one standout case study. The evaluation emphasizes tangible business impacts and innovative solutions, reflecting the essential role of providers in digital transformation.