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Information Services Group, Inc. - III STOCK NEWS

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

Information Services Group, Inc. (Nasdaq: III) is a renowned global technology research and advisory firm headquartered in Stamford, Connecticut. Established in 2006, ISG has rapidly evolved to become a trusted business partner to over 700 clients worldwide, including 75 of the world's top 100 enterprises. The company's core mission is to assist corporations, public sector organizations, and service and technology providers in attaining operational excellence and accelerated growth.

ISG specializes in a broad range of digital transformation services such as automation, cloud and data analytics, and sourcing advisory. Additionally, the firm offers managed governance and risk services, network carrier services, technology strategy and operations design, change management, market intelligence, and technology research and analysis. With an employee base of over 1,300 professionals across more than 20 countries, ISG's global team is celebrated for its innovative thinking, market influence, deep industry and technology expertise, and exceptional research and analytical capabilities.

The company's operations are predominantly divided into three geographical segments: the Americas, Europe, and the Asia-Pacific, with the majority of its revenue coming from the Americas. ISG provides fact-based sourcing advisory services and has carved a niche for itself as a leader in this domain.

Recent achievements include strategic partnerships with several key technology providers, driving collaborative innovation and delivering enhanced value to clients. ISG's latest projects focus on leveraging advanced technologies to streamline operations and foster business growth for its clients. The firm’s commitment to innovation and excellence has been a driving force behind its sustained growth and industry leadership.

For the latest updates and detailed information on ISG's performance, events, and developments, investors and stakeholders can explore the most recent news and announcements from the company.

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Information Services Group (Nasdaq:III) announced its ISG Australia office has received the Great Place to Work Certification™ by the Great Place to Work Institute. This recognition is based on a confidential employee survey assessing workplace culture and employee experience. Over 70 employees at ISG Australia provide various services in the Asia Pacific region. ISG Australia joins its Bangalore office, which has held this certification for two consecutive years. The award emphasizes the company's commitment to a positive employee experience.

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Information Services Group (NASDAQ:III) has expanded its ISG Provider Lens™ research program to assist U.S. state and local governments and higher education institutions in selecting technology and business service partners. This move comes after being named a preferred technology research partner by the National Association of State Procurement Officers (NASPO). The new program aims to address the unique challenges faced by government entities, offering tailored research and evaluation services. ISG will start publishing reports for public sector markets in 2021, covering various technology areas.

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Information Services Group (Nasdaq: III) will host the 2021 Sourcing Industry Conference in Dallas from October 4–6. This in-person event, marking its 15th year, will gather industry leaders to discuss growing global demand for digital transformation and cloud technology. The ISG Index™ indicates a record demand for technology services, projecting a 21% growth in cloud-based services for 2021. Experts will explore opportunities in emerging technologies, focusing on operational resilience and innovation.

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The ISG Provider Lens™ report highlights a surge in U.S. demand for cloud-based solutions during the COVID-19 pandemic. Companies are increasingly prioritizing as-a-service applications, with a 33% rise in large cloud-based engagements in Q2 2021, reaching $5.9 billion. This growth includes a 33% increase in Infrastructure-as-a-Service (IaaS) and a 31% rise in Software-as-a-Service (SaaS). ISG emphasizes the importance of flexibility and agility in adapting to market disruptions, with a notable demand for vertical SaaS solutions targeting specific industries.

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Enterprises are increasingly shifting from traditional software to Software-as-a-Service (SaaS) as highlighted in the latest ISG Provider Lens report. This transition, driven by a desire for innovation and cost-efficiency, forecasts a 21% growth in combined SaaS and Infrastructure-as-a-Service (IaaS) annual contract value in 2021. Companies are focusing on core applications like ERP and CRM. The report emphasizes the rise of vertical SaaS tailored for specific industries, aided by modern APIs and mobile app personalization. Key players like Microsoft Dynamics 365 and Workday are recognized as leaders in the market.

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The 2021 ISG Provider Lens™ Cybersecurity Report highlights French enterprises increasing investments in cybersecurity to comply with regulations, prevent breaches, and ensure business continuity. As ransomware threats rise, companies seek dynamic cybersecurity solutions, notably in identity and access management (IAM) and endpoint protection. The report identifies significant growth potential for cybersecurity service providers and names IBM as a leader in five quadrants. Additionally, a worldwide skills shortage is driving demand for managed security services across France.

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ISG Provider Lens™ report reveals a renewed interest in IoT deployments across Europe. Enterprises seek service providers capable of supporting IoT networks in multiple countries, highlighting the demand for managed IoT and consulting services. Key findings indicate manufacturing is witnessing growth in IoT outsourcing despite pandemic-related setbacks. The report emphasizes the necessity for compliance with diverse regulations, cybersecurity measures, and the integration of AI and 5G technologies to enhance IoT systems. Notably, Atos, Capgemini, and IBM are recognized as leaders in the sector.

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ISG Provider Lens™ report reveals that demand for 5G networks in enterprise IoT applications is rising in the U.S., despite concerns over deployment, tower locations, and misinformation. The report emphasizes the need for businesses to ensure strong wireless network quality as older networks are shut down to make way for 5G. While overall IoT deployment slowed in 2020, the manufacturing sector increased spending on IoT outsourcing, and organizations seek help to scale their IoT initiatives. Cybersecurity remains a significant concern, driving enterprises to partner with service providers for better protection.

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ISG Provider Lens™ report highlights a global resurgence in interest for IoT and IIoT among enterprises seeking better management and security for their systems. The report indicates that while the pandemic initially slowed IoT investments in 2020, sectors like manufacturing have resumed outsourcing contracts and focusing on intelligent operational expenses with clear ROI. Cybersecurity remains a key concern, prompting companies to engage service providers. The report evaluates 30 providers, naming leaders like Atos, Capgemini, and IBM.

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ISG Provider Lens™ report highlights the impact of macroeconomic uncertainties on the adoption of SAP S/4HANA. Initially, the pandemic led to a slowdown in transformation plans as companies focused on cost efficiency. Enterprises may delay significant SAP S/4HANA transitions, favoring short-term projects to meet immediate goals. The report evaluates 18 providers catering to different client archetypes, with leaders including Capgemini, Cognizant, HCL, and Infosys. The increase of AI and industry-specific templates aims to help businesses adapt to SAP S/4HANA.

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FAQ

What is the current stock price of Information Services Group (III)?

The current stock price of Information Services Group (III) is $3.079 as of October 31, 2024.

What is the market cap of Information Services Group (III)?

The market cap of Information Services Group (III) is approximately 154.5M.

What does Information Services Group, Inc. do?

ISG is a global technology research and advisory firm specializing in digital transformation services, sourcing advisory, managed governance, and more.

Where is ISG headquartered?

ISG is headquartered in Stamford, Connecticut, USA.

When was ISG founded?

ISG was founded in 2006.

How many professionals does ISG employ?

ISG employs over 1,300 professionals.

What are the main services provided by ISG?

ISG provides services including automation, cloud and data analytics, sourcing advisory, managed governance and risk services, and technology strategy and operations design.

Which regions does ISG operate in?

ISG operates in the Americas, Europe, and the Asia-Pacific.

Who are ISG's clients?

ISG serves over 700 clients, including 75 of the top 100 enterprises globally.

What recent achievements has ISG accomplished?

ISG has formed strategic partnerships with key technology providers and is focused on innovative projects that leverage advanced technologies.

What makes ISG unique in its industry?

ISG is known for its innovative thinking, market influence, deep industry expertise, and world-class research and analytical capabilities.

How can I stay updated on ISG's latest news?

You can stay updated on ISG's latest performance, events, and developments by exploring the most recent news and announcements from the company.

Information Services Group, Inc.

Nasdaq:III

III Rankings

III Stock Data

154.50M
48.89M
28.82%
61.76%
0.24%
Information Technology Services
Services-management Consulting Services
Link
United States of America
STAMFORD