Information Svrs Stock Price, News & Analysis

Rising cybersecurity threats to operational technology and vehicles are pushing enterprises globally to invest in advanced security solutions, as highlighted in the 2022 ISG Provider Lens™ global Manufacturing Security Solutions report.

The report indicates that cybersecurity is now a priority for industries such as manufacturing and automotive, driven by recent attacks and a shortage of skilled professionals. It reveals that companies are seeking solutions to address vulnerabilities in legacy systems and improve visibility into IoT assets.

With the automotive sector facing increasing risks—like GNSS spoofing—OEMs are leveraging emerging security technologies. The report also identifies leaders in mobility and OT security solutions, noting a trend towards big data in security applications.

Information Services Group (III) has released a report indicating that enterprise use of public clouds is increasing in Australia, driven by a rising partner ecosystem and demand for cloud services. Since launching in Sydney in 2012, AWS has expanded its presence and plans to open a new site in Melbourne and a planned location in Auckland, New Zealand. The report highlights challenges such as a talent shortage and the need for managed services. As businesses turn to cloud solutions, the report evaluated 37 providers, naming leaders such as Accenture and Deloitte. The Australian cloud market is expected to grow further.

Information Services Group (NASDAQ: III) has published a report highlighting the increasing reliance on digital enablement services by German enterprises for business transformation. The 2022 ISG Provider Lens™ report indicates that organizations are leveraging these services to enhance work environments, optimize supply chains, and improve customer retention. Key findings showcase improved employee experience and greater operational efficiency. The report evaluates 42 providers across five categories, naming Accenture and Infosys as Leaders. Additionally, many firms are beginning to adopt sustainability and ESG solutions amid rising energy costs, focusing on consulting and monitoring services.

Oracle’s cloud services gain traction in Germany as enterprises increasingly view it as a competitor to major hyperscalers, according to a recent ISG Provider Lens™ report. The report highlights that Oracle’s offerings have caught up technologically, sparking interest among companies seeking tailored cloud solutions. In a market that has seen growth in Oracle consulting services, the demand for innovative solutions like data analytics and AI is rising. Oracle is expected to launch a sovereign cloud offering soon, addressing data sovereignty concerns. Top competitors identified in the report include Accenture, Atos, and Capgemini, recognized as Leaders across multiple quadrants.

Information Services Group (Nasdaq: III) has initiated a research study focused on enterprise network services, particularly in the realm of software-defined networking (SDN). The findings will be compiled in the ISG Provider Lens™ report titled Network – Software Defined Solutions and Services, set for release in June 2023. This study aims to evaluate providers offering services such as managed SD-WAN, consulting, and advisory services. It will also address emerging technologies like IoT and Secure Access Service Edge (SASE). The research involves feedback from 90 SDN service providers globally, covering markets in the U.S., U.K., and Germany.

Public clouds are becoming increasingly popular among U.K. enterprises as they navigate rising IT costs and the need for modernization, according to the latest ISG Provider Lens™ report. The study finds that businesses are shifting to public cloud services for better pricing, security, and expense management. Midmarket companies are also adopting cloud solutions, focusing on middleware modernization. The report notes a trend toward multi-cloud environments to mitigate vendor risks, with a growing reliance on managed services providers. Leaders in the sector include Claranet and Rackspace Technology, among others, highlighting a competitive landscape.

The ISG Provider Lens™ report highlights that French enterprises are carefully selecting public cloud providers amid evolving regulations on data sovereignty and security. Cautious evaluations have replaced the earlier rush for cloud adoption seen in 2020 and 2021, influenced by new government initiatives aimed at certifying data residency in Europe. Despite these challenges, companies are eager to utilize advanced data services from US hyperscalers, as local providers struggle with the scale needed for effective cloud technology development. The report ranks 50 providers across several quadrants, identifying leaders such as Orange Business Services and Sopra Steria.

ISG reports a significant decline in XaaS spending in Asia Pacific, dropping 48% year-over-year in Q4 to $2.1 billion. Meanwhile, managed services grew 21% during the same period, reaching $1.3 billion with 96 contracts signed, marking a 52% increase. The full-year total for Asia Pacific's combined market fell 21% to $13.8 billion, the steepest decline since 2015. Looking ahead, ISG forecasts a 17% growth in XaaS and 5% in managed services for 2023. The challenges stem from the tech sector's troubles in China, particularly affecting infrastructure-as-a-service.