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Information Services Group, Inc. reports developments as a global AI-centered technology research and advisory firm serving enterprise technology and business-services markets. The company publishes research on digital transformation, AI adoption, sourcing, cloud and data analytics, provider ecosystems, governance, risk, software, network and technology strategy.
Recurring news includes ISG Provider Lens® studies across industries such as healthcare, life sciences, aerospace and defense, automotive and mobility, SAP ecosystems and global capability centers. Company updates also cover quarterly results, GAAP and non-GAAP performance measures, advisory-market trends and the role of AI, automation, data platforms and managed services in enterprise operations.
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.
Information Services Group (Nasdaq: III) announced a successful amendment to its $140 million credit facility, enhancing financial flexibility. Key updates include converting the previous arrangement into an all-revolving credit facility and eliminating $4.3 million in mandatory annual principal payments due in 2023 and 2024. The maturity date has been extended by three years to February 2028. CEO Michael P. Connors highlighted the amendments as a validation of the company's robust performance. The transaction was led by BofA Securities Inc.
Healthcare organizations in Germany are leveraging digital technologies to enhance patient care, according to a recent ISG Provider Lens™ report. This report highlights the country's mandatory adoption of electronic medical records and the Future of Hospitals Act (KHZG), which allocates funds for hospital digitalization. The report indicates that technology trends such as AI, machine learning, and IoT are crucial for improving health services amidst a backdrop of regulatory changes and increasing customer expectations. Notable technology leaders identified include Accenture, Atos, and IBM.
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Information Services Group (III) has announced a new research study to examine digital banking technology providers, essential for banks adapting to evolving market demands. The findings will be published in the Digital Banking Technology and Platforms 2023 report, set for release in July. The report will analyze core banking systems, customer engagement platforms, and payment processing solutions to aid enterprise buyers in evaluating vendor relationships. It aims to empower banks to innovate and remain competitive amid market disruptions and changing consumer expectations, emphasizing the need for agility through modular API-based solutions.
According to a new ISG Provider Lens™ report, U.S. healthcare providers and insurers are leveraging digital transformation to enhance data sharing, cost control, and patient experiences. The report highlights that the pandemic has strained healthcare readiness, prompting organizations to focus on health equity, IT modernization, and operational efficiency. Key findings include the rise of value-based care and the importance of addressing social determinants of health (SDOH) through advanced analytics. With growing cost pressures and low consumer satisfaction, the healthcare sector is urged to adopt more effective, digitally-enabled solutions.