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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.
ISG TechXchange: Smart Manufacturing EMEA event will tackle pandemic challenges and business model disruptions. Leading experts from Steinbeis University, RWTH Aachen University, Volkswagen, and Hitachi ABB PowerGrids will discuss COVID-19's impact on smart manufacturing. The event, hosted by ISG on December 1, aims to inform manufacturers on digital initiatives as a sustainable approach for cost optimization and innovation. Panel discussions will cover IT strategy implementation, competitive value, and smart factory technologies, highlighting the necessity of adapting to Industry 4.0 in the post-pandemic landscape.
ISG Provider Lens™ report to focus on Microsoft ecosystem support
ISG has launched a study examining service providers aiding enterprises in the Microsoft ecosystem, covering major software suites like Office 365, Azure, and Dynamics 365. Findings will be published in the upcoming Microsoft Ecosystem 2021 report in April. The report aims to help enterprise buyers assess vendor relationships and make informed decisions. It will analyze new services offered in this expanding market and include insights from over 300 surveyed service providers.
ISG Provider Lens™ report highlights a surge in public cloud adoption as enterprises adapt to remote work due to the COVID-19 pandemic. Global spending on IaaS increased nearly 20% to $17.8 billion in 2020. The report emphasizes a shift towards cloud-native tools over traditional migration methods, reflecting a growing demand for agility and scalability. Major providers are creating industry-specific solutions and leveraging AI and machine learning for enhanced service delivery. Leaders identified include Accenture, IBM, and others across multiple archetypes.
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CSL Behring executive David Christie will participate in the November 19 ISG Smartalks™ webinar, focusing on neuroscientific strategies for enhancing corporate agility and resiliency. As organizations navigate heightened levels of anxiety due to global disruptions, the webinar will explore how brain science can improve digital transformation outcomes. Experts will discuss cultivating emotional agility to foster high-performing teams. The event aims to equip leaders with tools to manage human dynamics effectively during periods of change, emphasizing the importance of cultural competency in leadership.
Information Services Group (Nasdaq: III) has launched a new research study on enterprise service management (ESM) providers, set to be published in a comprehensive report in February. The study aims to evaluate enterprise-wide service management solutions and will cover consulting services, implementation, and managed services, focusing specifically on partners of ServiceNow. Over 190 providers were surveyed, and the report will illuminate the ESM landscape to assist enterprise buyers in assessing vendor relationships and offerings.
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ISG expert discusses payroll transformation amidst the pandemic at the Rise Above 2020 event. Julie Fernandez, partner at ISG, emphasizes the need for businesses to adapt payroll strategies to comply with new federal programs, enhancing operational resilience and reducing costs.
She highlights the importance of updating business continuity plans for payroll operations, ensuring timely employee payments. Fernandez will lead sessions on payroll transformation and the role of technology in business continuity on November 12-13, 2020.
Information Services Group (Nasdaq: III) will release 33 major provider evaluation studies in 2021, expanding its ISG Provider Lens research series. The new subjects will include procurement services, marketing technology, and specific sectors like retail and life sciences. These studies will cover 26 technology markets, focusing on trends such as digital workplace and cyber security. Enhanced reports will include enterprise buying behavior data and client satisfaction research. The effort aims to help clients navigate disruptions caused by COVID-19 and make informed sourcing decisions.
Information Services Group (ISG) reported its third-quarter 2020 results with revenues at $61.6 million, exceeding guidance and reflecting a 7% sequential growth. Net income rose 19% to $2.1 million, with adjusted EPS of $0.10, an 11% increase year-over-year. The company ended the quarter with a cash balance of $38 million, up 2.7x from last year. ISG signed three GovernX® client engagements worth $6 million. Fourth-quarter revenue guidance is between $56 million and $58 million.