Information Svrs Stock Price, News & Analysis

Information Services Group (Nasdaq: III) recently announced the winners of the 2023 ISG Paragon Awards ANZ, recognizing innovative technology approaches that drive business success. A total of 57 nominations were evaluated by independent experts, culminating in an awards gala on March 2, 2023. Key winners included Versent with Colonial First State for Excellence, Capgemini for Innovation, and Hexaware Technologies for Transformation. The event highlighted advancements in digital technology and operational models, emphasizing ISG's commitment to fostering innovation in the technology services sector.

Oil and gas companies in North America are urged to enhance their digital capabilities, according to a new report from ISG. The report highlights that volatile prices, the Ukraine war, and decarbonization are driving the need for investment in digital technologies. The industry currently faces challenges due to an aging workforce and infrastructure. ISG emphasizes the importance of data analytics and green energy adaptation. It identifies key players in the market, naming Accenture, Capgemini, and Deloitte as leaders across multiple service areas. The demand for skilled workers remains high, complicating the transition to digital solutions.

Information Services Group (Nasdaq: III) has launched a study focused on finance and accounting outsourcing services to enhance enterprise efficiency through digitization, automation, and analytics. The findings will be published in the ISG Provider Lens™ report in July. This report will assist enterprise buyers in assessing vendor relationships and service offerings, aiding in informed decisions. Current market conditions, including inflation and potential recession, are driving the need for agile financial operations. Key outsourcing areas include Procure to Pay, Order to Cash, Record to Report, and Financial Planning and Analysis.

Enterprises in the U.K. are significantly investing in analytics to enhance decision-making based on data, as highlighted in the recent ISG Provider Lens™ report. The report identifies a shift in focus from data management to achieving real-time insights and effective decision-making through embedded analytics and business intelligence platforms. Despite many organizations being in early data maturity stages, the adoption of analytics tools is expected to surge further. New data governance needs arise from Brexit and evolving regulations, prompting organizations to enhance compliance and security.

Enterprises in the U.S. are increasingly investing in analytics platforms, according to the 2022 ISG Provider Lens™ report. The shift is driven by the need for real-time data insights in a competitive landscape with disruptive startups. Companies are focusing on embedded analytics and data governance tools to ensure data quality and reliability amidst rising cybersecurity risks. In 2023, the demand for analytics platforms is expected to grow as firms empower more employees to utilize data for informed decision-making. The report also highlights significant players in the sector, including IBM and Qlik, recognized as leaders in embedded analytics and data governance.

Information Services Group (III) has initiated a research study focused on providers of IT and business services for the retail and consumer packaged goods (CPG) sectors. This study, leading to the ISG Provider Lens™ report, set to release in July, aims to assist companies in adapting to shifting operational requirements post-COVID-19. The report will include insights on critical service areas like digital innovation and business transformation. Approximately 60 providers will be surveyed to create comprehensive quadrants based on services in demand. The study emphasizes the importance of modernizing business models in response to changing consumer behaviors.

Accelerated digital transformation in the life sciences sector has led to significant advancements in patient engagement and supply chain management, driven largely by the challenges posed by the COVID-19 pandemic. According to the 2022 ISG Provider Lens™ report, companies have transitioned from pilot projects to large-scale technology implementations, enhancing clinical development and regulatory reporting. The shift towards decentralized clinical trials has improved patient safety and engagement. The report highlights that major tech firms like Capgemini and Cognizant are leading in multiple areas, indicating a promising future for the industry as it increasingly centers on patient needs.

Information Services Group (III) has released a report indicating that German enterprises have shifted focus towards advanced analytics as a response to COVID-19 disruptions. The 2022 ISG Provider Lens™ Analytics Services report highlights significant investments in data analytics services, crucial for decision-making and economic growth. Despite prior postponements due to macroeconomic concerns, companies are now operationalizing their technology projects. The report evaluates 34 analytics service providers in Germany, naming Accenture, Capgemini, and IBM as leaders across all quadrants, while others like b.telligent and reply are recognized as rising stars.