Information Services Group, Inc. (III)
| Market Cap | 164.86M |
| Revenue (ttm) | 255.99M |
| Net Income (ttm) | -3.07M |
| Shares Out | 49.07M |
| EPS (ttm) | -0.07 |
| PE Ratio | n/a |
| Forward PE | 12.81 |
| Dividend | $0.18 (5.41%) |
| Ex-Dividend Date | Dec 3, 2024 |
| Volume | 20,081 |
| Open | 3.340 |
| Previous Close | 3.340 |
| Day's Range | 3.315 - 3.450 |
| 52-Week Range | 2.920 - 4.820 |
| Beta | 1.00 |
| Analysts | Buy |
| Price Target | 3.75 (+11.62%) |
| Earnings Date | Nov 7, 2024 |
About III
Information Services Group, Inc., together with its subsidiaries, operates as a technology research and advisory company in the Americas, Europe, and the Asia Pacific. The company offers digital transformation services, including automation, cloud, and data analytics; sourcing advisory; managed governance and risk; network carrier; technology strategy and operations design; change management; and market intelligence and technology research and analysis services. It supports private and public sector organizations to transform and optimize their... [Read more]
Financial Performance
In 2023, III's revenue was $291.05 million, an increase of 1.67% compared to the previous year's $286.27 million. Earnings were $6.15 million, a decrease of -68.80%.
Financial StatementsAnalyst Forecast
According to one analyst, the rating for III stock is "Buy" and the 12-month stock price forecast is $3.75.
News
Pent-up Demand Fuels U.S. Public Sector Cloud Boom
STAMFORD, Conn.--(BUSINESS WIRE)---- $III #CloudOptimizationServices--The U.S. public sector is quickly adopting public cloud services, transitioning from legacy systems to advanced multi-cloud platfo...
Ukraine Conflict Impacting Nordics Cloud Adoption
STOCKHOLM--(BUSINESS WIRE)---- $III #AI--The war in Ukraine has intensified supply chain disruptions, affecting IT investments in the Nordics amid rising costs and talent shortages, ISG says.
Asian Enterprises Snap Up Cloud Services as Economies Rise
SYDNEY--(BUSINESS WIRE)---- $III #AI--Demand for public cloud services is growing in Asia Pacific as more enterprises invest in advanced technology, including AI, ISG says.
EU Sovereign Cloud Initiative Drives Single-Source Solutions
LONDON--(BUSINESS WIRE)---- $III #GaiaX--Enterprises in Europe are obtaining cloud services through partnerships between Europe's cloud platform providers and global hyperscalers, ISG says.
U.S. Firms Look to Public Clouds for AI Scale, Intelligence
STAMFORD, Conn.--(BUSINESS WIRE)---- $III #AI--Enterprise adoption of AI technologies is the main driver of growing U.S. demand for public cloud services over the past year, ISG says.
Companies Embrace AI Solutions for Cloud-Native Control, Security
STAMFORD, Conn.--(BUSINESS WIRE)---- $III #AI--Enterprises are adopting advanced cloud technologies and AI-powered platforms to meet the challenges of managing cloud-native environments, ISG says.
U.S. Enterprises Tackle Complexity With Network Services
STAMFORD, Conn.--(BUSINESS WIRE)---- $III #5Gnetwork--Enterprises in the U.S. are adopting managed network services to support AI and other new technologies across increasingly complex networks, ISG s...
Network Services Ignite IT Modernization in Asia Pacific
SYDNEY--(BUSINESS WIRE)-- #ISGProviderLens--Enterprises in Asia Pacific are working with service providers for faster, more secure and more flexible networks, an ISG Provider Lens™ report says.
Enterprises Seek Self-Service, AI-Powered Analytics: ISG
STAMFORD, Conn.--(BUSINESS WIRE)---- $III #CollaborativeAnalytics--Self-service analytics with advanced capabilities powered by AI continue to be a goal for most enterprises, ISG says in a new report.
Enterprise AI Spending to Rise 5.7 Percent in 2025, Despite Overall IT Budget Increase of Less than 2 Percent: ISG Study
STAMFORD, Conn.--(BUSINESS WIRE)---- $III #AI--An ISG study finds enterprises plan to increase spending on AI by an average of 5.7 percent in 2025, amid more modest increases in overall IT budgets.
Brazil Taps Into Data, AI to Strengthen Supply Chains
SÃO PAULO--(BUSINESS WIRE)---- $III #AI--Enterprises in Brazil are investing in digital technologies, including generative AI, to harness data to improve supply chain operations, ISG says.
Mexican Firms Tap AWS Partners for Cloud Transformation
MEXICO CITY--(BUSINESS WIRE)---- $III #AI--Demand for AWS services is growing in Mexico as enterprises move to the cloud to take advantage of AI and cloud-native applications, ISG says.
Persistent Wins Coveted 2024 ISG Star of Excellence™ Overall Award for Superior Customer Experience
Also wins awards for Universal ITO, Most Adaptable Partner, and Outstanding Service in the Americas Region based on the voice of customers SANTA CLARA, Calif. and PUNE, India , Nov. 25, 2024 /PRNewswi...
AI Core Theme of 2025 ISG Software and Services Research
STAMFORD, Conn.--(BUSINESS WIRE)---- $III #ISGBuyersGuides--ISG will publish nearly 200 studies evaluating service providers and software platforms in 2025, the firm said today.
ISG to Assess Providers of HR Outsourcing Services
STAMFORD, Conn.--(BUSINESS WIRE)---- $III #HealthandWelfareBenefitsAdministrationServices--ISG has launched a study evaluating providers of HRO services that deliver transformational business value to...
Conduent Recognized as a Leader in the U.S. and Europe in ISG Customer Experience Services Provider Lens Report
FLORHAM PARK, N.J.--(BUSINESS WIRE)--Conduent Incorporated (Nasdaq: CNDT), a global technology-led business solutions and services company, today announced that Information Services Group (ISG) (Nasda...
ISG Presents 2024 ISG Star of Excellence™ Awards to Accenture, Capgemini, Persistent Systems
LONDON--(BUSINESS WIRE)---- $III #CX--ISG named Accenture, Capgemini and Persistent Systems as the overall winners of the ISG Star of Excellence Awards, for the highest CX scores in 2024.
ISG Announces 2024 ISG Paragon Awards™ Winners for EMEA
LONDON--(BUSINESS WIRE)---- $III #ISGParagonAwards--ISG announced the winners of the 2024 ISG Paragon Awards™ for EMEA, celebrating the use of new approaches and technologies in sourcing partnerships.
GenAI Cracks Brazilian Market with Productivity Promise
SÃO PAULO--(BUSINESS WIRE)---- $III #GenAI--Many enterprises in Brazil have overcome major concerns about generative AI and are using it to boost their productivity, ISG says.
Companies Race to Deploy GenAI for Efficiency, Innovation
STAMFORD, Conn.--(BUSINESS WIRE)---- $III #AutonomousAgents--Global adoption of generative AI is growing rapidly, placing pressure on enterprises to invest in the technology to remain competitive, ISG...
ISG to Assess Microsoft AI and Cloud Ecosystem Providers
STAMFORD, Conn.--(BUSINESS WIRE)---- $III #AI--ISG has launched a study examining service providers supporting use of Microsoft solutions as the software company continues its push into AI.
ISG to Evaluate Agribusiness, Chemicals Service Providers
STAMFORD, Conn.--(BUSINESS WIRE)---- $III #AI--ISG has launched a research study examining technology solutions providers supporting the closely aligned agribusiness and chemicals industries.
ISG to Evaluate ServiceNow Ecosystem Providers
STAMFORD, Conn.--(BUSINESS WIRE)---- $III #GenAI--ISG has launched a research study examining providers in the ServiceNow ecosystem working to modernize business workflows with new AI tools.
ISG Announces Winners of 2024 ISG Paragon Awards™ For South America
STAMFORD, Conn.--(BUSINESS WIRE)---- $III #AI--ISG today announced the winners of the 2024 ISG Paragon Awards™ for South America, celebrating innovation in sourcing partnerships.
ISG to Evaluate Provider Ecosystem for P&C Platforms
STAMFORD, Conn.--(BUSINESS WIRE)---- $III #DuckCreekEcosystem--ISG has launched a pair of studies examining service providers supporting the two leading technology platforms for the global P&C insuran...