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Information Services Group Inc. - III STOCK NEWS

Welcome to our dedicated news page for Information Services Group (Ticker: III), a resource for investors and traders seeking the latest updates and insights on Information Services Group.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Information Services Group's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Information Services Group's position in the market.

Rhea-AI Summary
ISG (Nasdaq: III) has launched a study on eMobility services and solutions, aiming to reduce CO2 and greenhouse gases. The upcoming ISG Provider Lens™ report will cover Mobility as a Service, Electric Mobility Systems, and manufacturing, to be released in June 2024. Enterprise buyers and ISG advisors will benefit from the report to evaluate vendor relationships and recommend providers.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.34%
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none
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Rhea-AI Summary
The 2023 ISG Provider Lens™ Analytics Services report for Brazil reveals that the revolution in artificial intelligence has arrived in Brazil, with companies adopting AI solutions to automate processes, reduce costs, and enable better decision-making. The report highlights the growing demand for applications dedicated to handling data assets and the adoption of a decentralized data mesh architectural model. The report evaluates the capabilities of 42 providers across six quadrants, naming several companies as Leaders and Rising Stars in different categories.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.34%
Tags
AI
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Rhea-AI Summary
XaaS spending in Q4 increased by 10% compared to the prior year, while managed services fell by 34%. ISG forecasts a 15% XaaS revenue growth and 4.25% managed services growth globally in 2024. The Asia Pacific ISG Index™ reported a 10% year-on-year increase in XaaS spending, with infrastructure-as-a-service (IaaS) ACV advancing by 9% and software-as-a-service (SaaS) climbing by 18%. However, managed services ACV dropped by 34% year on year. The full-year results for Asia Pacific's combined market showed a 9% decline in ACV, with managed services ACV up by 1.5% and XaaS segment declining by 11%. ISG is forecasting a 15% revenue growth for XaaS and 4.25% growth for managed services in 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.34%
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none
Rhea-AI Summary
The Information Services Group (ISG) reported a 5% decline in the combined market for IT and business services in the Americas in the fourth quarter, driven by lower demand for XaaS and a 4.25% growth forecast for managed services in 2024. The managed services segment saw a 5% growth in the fourth quarter, while XaaS revenue declined by 14.5% for the full year. Despite challenges, ISG expects a rebound in the market in 2024, with a positive impact from artificial intelligence technology.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.75%
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none
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Rhea-AI Summary
Information Services Group (ISG) (Nasdaq: III) has launched a research study examining providers of insurance platform solutions that enable insurers to develop and deliver relevant, personalized products for increasingly demanding customers. The study results will be published in a comprehensive series of ISG Provider Lens™ reports, called Insurance Platform Solutions, scheduled to be released in June. The reports will cover companies offering modern platforms to both life and retirement and property and casualty insurers, providing valuable insights for enterprise buyers and ISG advisors.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.17%
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none
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Rhea-AI Summary
The 2023 ISG Provider Lens™ Analytics Services report for the U.S. reveals that many enterprises are investing in generative AI (GenAI) for data-driven decision-making amid economic uncertainty. The report highlights the importance of GenAI adoption, focusing on knowledge management, functional process optimization, and transforming products. It also emphasizes the significance of good data over big data, the role of GenAI in emerging use cases for analytics, the democratization of data, and the potential impact of upcoming legislation on GenAI implementations.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.17%
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none
Rhea-AI Summary
The latest state-of-the-industry report from Information Services Group (ISG) indicates a potential market rebound in Europe, with the combined market up 4% from Q3, but down 1% year on year. Managed services generated a record full-year ACV, up 4%. The report forecasts a 4.25% growth for managed services and 15% revenue growth for XaaS in 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.17%
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none
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Rhea-AI Summary
ISG study finds that planned enterprise spending on application development will rise by nearly five percent in the coming year, driven by interest in realizing the business benefits of AI technologies. The study also highlights IT service management and ERP applications as key areas for cost optimization.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.23%
Tags
AI
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Rhea-AI Summary
Global spending on IT and business services was down slightly in the fourth quarter, with the combined market ACV reaching $23.4 billion, down 3% from the prior year. Managed services ACV remained flat, while XaaS declined 6% in Q4. Full-year managed services ACV reached a record $40.7 billion. ISG forecasts 15% growth for XaaS and 4.25% growth for managed services in 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.07%
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none
Rhea-AI Summary
ISG, a global technology research and advisory firm, is launching a research study on software-defined enterprise network and SDN services. The study will result in a series of reports evaluating SD-WAN, edge technologies, and SASE solutions, to be released in June 2024. The reports will help enterprise buyers evaluate vendors and offerings, while ISG advisors use the information to recommend providers to the firm’s buy-side clients.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.14%
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none
Information Services Group Inc.

Nasdaq:III

III Rankings

III Stock Data

195.27M
34.94M
28.58%
63.86%
0.39%
Data Processing, Hosting, and Related Services
Information
Link
US
Stamford

About III

isg (information services group) (nasdaq: iii) is a leading global technology research and advisory firm. a trusted business partner to more than 700 clients, including 75 of the top 100 enterprises in the world, isg is committed to helping corporations, public sector organizations, and service and technology providers achieve operational excellence and faster growth. the firm specializes in digital transformation services, including automation, cloud and data analytics; sourcing advisory; managed governance and risk services; network carrier services; technology strategy and operations design; change management; market intelligence and technology research and analysis. founded in 2006, and based in stamford, conn., isg employs more than 1,300 professionals operating in more than 20 countries—a global team known for its innovative thinking, market influence, deep industry and technology expertise, and world-class research and analytical capabilities based on the industry's most compreh