Information Services Group Inc. - III STOCK NEWS

The 2023 ISG Provider Lens™ Intelligent Automation ― Platforms and Products report for Europe by Information Services Group (ISG) reveals that while generative AI may not yet live up to the hype, rapid advancements in the technology are reshaping the European market for intelligent automation products and platforms. The report highlights the increased enterprise demand for conversational AI products but also emphasizes the caution around the risks and challenges of using large language models. The European landscape for intelligent automation products and platforms is evolving in technology complexity, business maturity, and use cases. Advancements in conversational AI promise improvements in customer and employee experiences, but the risks associated with GenAI remain, with hallucination being a chief concern. The report also examines how providers are using generative AI to democratize process discovery and evaluates the capabilities of 64 providers across three quadrants, naming leaders and rising stars in each quadrant.

ISG (Nasdaq: III) announces the finalists for the 2024 ISG Paragon Awards™ ANZ, recognizing innovative approaches leveraging technology to make a lasting impact on businesses. Winners will be announced on February 28, 2024, at the Fullerton Hotel Sydney.

Oracle aims to become a leading hyperscaler in Europe by collaborating with Red Hat and Microsoft to address cloud computing challenges, according to the 2023 ISG Provider Lens™ report. The report highlights Oracle's focus on data privacy, cybersecurity, and seamless integration with existing enterprise software, along with its comprehensive suite of cloud services.

A survey by Information Services Group (ISG) found that 66% of European insurance industry leaders plan to increase digital investments in the next two years, with 68% investing in payment channels, 63% in cybersecurity, and 59% in artificial intelligence. The main strategic priorities are acquiring new customers and leveraging digital channels for new business opportunities. AI is experiencing strong growth, with 13% of respondents already budgeting over €1 million for AI and 60% expecting additional funding in 2024.

Oracle is expanding its presence in the U.S. cloud computing market by broadening its partner ecosystem and forging strategic partnerships. The 2023 ISG Provider Lens™ Oracle Cloud and Technology Ecosystem report for the U.S. finds that Oracle’s recently announced partnerships with Red Hat and Microsoft give its customers new ways to implement Oracle Cloud Infrastructure (OCI). Oracle Cloud adoption is growing rapidly in the U.S. because the company’s expanding product set and partners are helping enterprises meet their goals. The report also explores other Oracle Cloud trends in the U.S., including the impact of Oracle Database@Azure and the company’s privacy and cybersecurity efforts.

Oracle expands its presence in the U.S. cloud computing market by strengthening its partner ecosystem and forming strategic partnerships with Red Hat and Microsoft. The 2023 ISG Provider Lens™ report highlights Oracle's rapid cloud adoption growth and the increasing interest in AI solutions among U.S. enterprises.

ISG, a leading global technology research and advisory firm, has launched a research study examining providers offering resources and support to digitally transform companies in the life sciences industry. The study results will be published in a comprehensive ISG Provider Lens™ report, called Life Sciences Digital Services, scheduled to be released in June. The report will cover providers with services for clinical development, patient engagement, and manufacturing supply chain. It will also evaluate providers assisting companies in digitalizing pharmacovigilance, regulatory affairs, and commercial operations. The report aims to help enterprise buyers evaluate their current vendor relationships and potential new engagements, while ISG advisors use the information to recommend providers to the firm’s buy-side clients. The study also highlights the challenges faced by the industry in integrating advanced technologies such as AI, ML, and automation into ongoing processes due to low-quality, outdated, and incomplete data. The report will cover the global life sciences digital services market, and ISG analyst Rohan Sinha will serve as the author of the report.

The 2023 ISG Provider Lens™ Intelligent Automation – Services and Solutions report for Europe by Information Services Group (ISG) highlights the growing demand for hyperautomation and the emergence of generative AI (GenAI) as a major technology disruptor. Despite the promise of GenAI and hyperautomation, many obstacles remain, including regulatory, ethical, and cultural challenges. The report evaluates the capabilities of 37 providers across three quadrants: Intelligent Enterprise Automation, Artificial Intelligence for IT Operations (AIOps), and Next-Gen Automation.

The 2023 ISG Provider Lens™ Oracle Cloud and Technology Ecosystem report for Brazil highlights the increasing adoption of Oracle Cloud Infrastructure (OCI) by Brazilian enterprises due to its competitive pricing, data security, and excellent service standards. The report emphasizes the demand for consulting services and specialized cloud partners' deepening knowledge of OCI. It also notes the commitment of the Oracle partner ecosystem to align and reposition itself to better serve customers. Local providers stand out due to their familiarity with local scenarios and understanding of the country’s business processes and culture, offering agile and customized solutions for Brazilian clients. The report also evaluates the capabilities of 37 providers across three quadrants, naming several companies as Leaders and Rising Stars in various categories.