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 (ISG, Nasdaq: III) will release its fourth-quarter financial results on March 11, 2021, at 4:30 p.m. ET. A conference call for investors and analysts is scheduled for March 12, 2021, at 9 a.m. ET. Participants can dial 1-800-437-2398 for U.S. or 001-323-289-6576 for international access, using the security code 9590681. ISG, based in Stamford, Conn., serves over 700 clients globally, focusing on digital transformation, cloud, and data analytics services. A recording of the call will be available on the company’s website for four weeks.
ISG Automation, the intelligent automation division of ISG (Nasdaq: III), has announced a partnership with RPA Supervisor to enhance digital workforce management for clients. This collaboration aims to optimize automation investments by allowing dynamic scheduling and orchestration of automation resources. RPA Supervisor's technology can cut automation total cost of ownership by 35% or more. The partnership aligns with ISG's strategy to provide cutting-edge automation services, ensuring clients maximize their automation capabilities and ROI.
Manufacturers in the U.S. are increasingly investing in smart manufacturing technologies as a response to the COVID-19 pandemic and ongoing trends for cost reduction. The new ISG report reveals heightened focus on automation, virtualization, and local manufacturing, driven by pandemic-related disruptions.
Key findings indicate that companies are adopting IoT technologies to minimize machine downtime and pivoting towards digital services. Prominent firms recognized as leaders in this industry include Capgemini, Siemens, and IBM, emphasizing a broad investment outlook.
The Americas sourcing market achieved a record $30.4 billion in annual contract value (ACV) for 2020, marking an 8% increase. Cloud-based services surged 18.5% to $17.9 billion, while managed services fell 4% to $12.5 billion. The fourth quarter saw cloud-based services hit a high, but managed services declined to their lowest in over four years, with IT outsourcing down 32%. Looking ahead, ISG forecasts a 20% growth in cloud-based services globally for 2021. The findings reflect evolving demands as businesses accelerate digital transformations following the pandemic.
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ISG Automation has enhanced its Neuralify Digital Enablement Platform to support Automation Anywhere A2019 and UiPath Studio software. This upgrade aims to expedite RPA adoption by enabling citizen developers to quickly develop RPA bots. Clients typically see a 270% increase in output and a 43% reduction in build costs. The code quality analyzer included in the platform improves adherence to best practices and reduces review time by 80%. This expansion is expected to attract a broader audience of developers and enhance ISG’s comprehensive automation solutions.
ISG GovernX® reports a 90% increase in enterprise subscriptions in 2020, reflecting a growing need for efficient management of software and services contracts. The platform has saved clients millions by automating contract lifecycle management, managing over $46 billion in supplier contracts and serving more than 12,000 active users. Enhanced capabilities include cloud governance for optimizing XaaS spend. The pandemic has heightened demand for ISG GovernX as organizations seek to mitigate supplier risks and control costs more effectively.
Information Services Group (ISG) (Nasdaq: III) announces plans to host 10 industry events in 2021, focusing on technology investments to drive post-pandemic growth. Key topics will include digital transformation, consumer behavior, and supply chain innovations. The events will feature industry leaders and offer insights into creating a collaborative workplace and enhancing customer engagement. Upcoming events include the ISG TechXchange: Retail/CPG on February 23-24 and the ISG Future Workplace Summit on March 10-11. They aim to connect enterprises with technology partners for better performance.
According to a new report by Information Services Group (ISG), the U.S. remains the largest market for data analytics services, experiencing a surge in demand during the COVID-19 pandemic. The report highlights a significant shift towards advanced analytics tools, particularly in banking, financial services, and healthcare sectors, focusing on customer experience and operational efficiency. Despite the high demand, there is a notable shortage of data scientists in the U.S. The report evaluated 58 providers, naming IBM as a leader across all six quadrants.
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