Information Services Group, Inc. (III)
| Market Cap | 148.92M |
| Revenue (ttm) | 276.84M |
| Net Income (ttm) | -726,000 |
| Shares Out | 48.67M |
| EPS (ttm) | -0.02 |
| PE Ratio | n/a |
| Forward PE | 9.70 |
| Dividend | $0.18 (5.88%) |
| Ex-Dividend Date | Jun 14, 2024 |
| Volume | 58,662 |
| Open | 3.080 |
| Previous Close | 3.060 |
| Day's Range | 3.030 - 3.080 |
| 52-Week Range | 2.920 - 5.490 |
| Beta | 0.96 |
| Analysts | Buy |
| Price Target | 3.50 (+14.38%) |
| Earnings Date | Aug 1, 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 $3.5.
News
U.S. Cloud Growth Adds Momentum to SD-WAN Adoption
STAMFORD, Conn.--(BUSINESS WIRE)---- $III #EdgeTechnologies--SDN continues to grow in the U.S. as enterprises leave behind rigid network infrastructures to achieve digitalization and cloud migration, ...
GenAI Reshaping Cloud Computing Market
STAMFORD, Conn.--(BUSINESS WIRE)---- $III #AI--Generative AI is reshaping the cloud computing market and is expected to lead to more AI workload-specific cloud platforms in the future, ISG says.
Desire to Shorten Accounting Cycle Drives Greater Adoption of Software
STAMFORD, Conn.,--(BUSINESS WIRE)---- $III #AI--Demand for accounting software is on the rise as companies face greater scrutiny and their need for speed and efficiency grows, ISG says.
Software, AI Creating Immersive Learning Experiences That Keep Workforces Engaged, Productive
STAMFORD, Conn.--(BUSINESS WIRE)---- $III #AI--Amid rising demand for software-based learning solutions, providers are investing in new capabilities like AI-supported learning coaches, ISG says.
New Pricing and Revenue Models Accelerating Demand for Subscription Management Software
STAMFORD, Conn.--(BUSINESS WIRE)---- $III #ConsumptionBasedPricing--The move to consumption-based pricing is increasing demand for subscription management software that can be integrated and scale, IS...
Innovation in AI Technology Will Accelerate AI Adoption
STAMFORD, Conn.--(BUSINESS WIRE)---- $III #AI--The advent of GenAI has dramatically increased investment in AI technologies, with half of enterprise AI budgets now devoted to GenAI, ISG says.
GenAI to Boost Demand for Hybrid Data Platforms
STAMFORD, Conn.--(BUSINESS WIRE)---- $III #AnalyticDataPlatforms--Demand for advanced data platforms is likely to grow significantly over the next three years as more organizations adopt GenAI, ISG sa...
ISG Study Finds Enterprises Save an Average of 15 Percent with Business Process Outsourcing
STAMFORD, Conn.--(BUSINESS WIRE)---- $III #AI--BPO programs are delivering an average of 15 percent savings over in-house operations, according to a new survey from ISG.
ISG to Publish Reports on Power and Utilities Industry
STAMFORD, Conn.--(BUSINESS WIRE)---- $III #AssetManagement--ISG has a launched a research study examining providers of services and software supporting electric utility companies adopting new technolo...
ISG to Evaluate Providers of GenAI Services
STAMFORD, Conn.--(BUSINESS WIRE)---- $III #GenAI--ISG has launched a study examining service providers that support the adoption of GenAI, a potentially transformative but still nascent technology.
HARMAN Recognized as a Leader in ISG Digital Engineering Services Provider Lens™ 2024 US Study
STAMFORD, Conn.--(BUSINESS WIRE)--HARMAN, a wholly-owned subsidiary of Samsung Electronics Co., Ltd. focused on connected technologies for automotive, consumer, and enterprise markets, is honored that...
ISG to Assess Providers of Public Cloud Services, Solutions
STAMFORD, Conn.--(BUSINESS WIRE)---- $III #CloudNativeObservabilitySolutions--ISG has launched a study examining providers helping organizations adopt, manage and maximize value from their multi publi...
Nominations Open for 2024 ISG Paragon Awards™
STAMFORD, Conn.--(BUSINESS WIRE)---- $III #ISGEvents--Nominations are open for the 2024 ISG Paragon Awards™, which celebrate success in technology and business services partnerships.
Azure Gains an Edge in Mexico's Expanding Cloud System
MEXICO CITY--(BUSINESS WIRE)---- $III #AzureManagedServices--Buoyed by the steady migration of systems to the cloud, Microsoft's Azure is rapidly extending its reach in the Mexico cloud market, ISG sa...
Brazil's Firms Reap Benefits of an Evolving Cloud Landscape
SÃO PAULO--(BUSINESS WIRE)---- $III #AzureManagedServices--Microsoft is expanding its business in Brazil as demand for cloud services continues to heat up and partners add solutions and services, ISG ...
Enterprises Seeking Experience Parity, ISG Says
LONDON--(BUSINESS WIRE)---- $III #AI--Enterprises are seeking experience parity between CX and EX, say experts appearing at the upcoming ISG Digital Business Summit in London, June 25-26.
ISG Case Study Research Recognizes 47 Providers for High-Impact Client Engagements
STAMFORD, Conn.--(BUSINESS WIRE)---- $III #BusinessServicesProviders--ISG has recognized 47 technology and business services providers for their best-in-class engagements as part of the ISG Case Study...
ISG to Publish Reports on Supply Chain Services
STAMFORD, Conn.--(BUSINESS WIRE)---- $III #AI--ISG has launched a study examining providers of supply chain services that help create supply chains that are intelligent, resilient and sustainable.
Europe's Chemical Firms Seek Catalyst for Competitiveness
LONDON--(BUSINESS WIRE)---- $III #ChemicalIndustryServices--Europe's chemical industry is hoping digital technology will provide the formula it needs to regain its strength in the global market, ISG s...
GenAI Adds Speed to ServiceNow Business Transformations
SÃO PAULO--(BUSINESS WIRE)---- $III #BusinessTransformation--The addition of GenAI to ServiceNow will enable Brazilian enterprises to dramatically speed up their business transformations, ISG says.
Cost is Top Challenge to Achieving Enterprise Sustainability, ISG Study Finds
STAMFORD, Conn.--(BUSINESS WIRE)---- $III #DigitalSustainability--An ISG survey finds cost is the biggest barrier to achieving sustainability goals, with more spent on reporting and compliance than ot...
Some German Enterprises Are Remaining Cloud Cautious
FRANKFURT, Germany--(BUSINESS WIRE)---- $III #ISGProviderLens--SAP is emphasizing the “cloudification” of its offerings, yet not all German enterprises are in a hurry to follow the company's lead, ISG...
ISG to Publish Report on Finance and Accounting Services
STAMFORD, Conn.--(BUSINESS WIRE)---- $III #AI--ISG has launched a study examining outsourcing services aimed at improving finance and accounting operations and business decision-making.
Information Services Group Announces First-Quarter 2024 Results
STAMFORD, Conn.--(BUSINESS WIRE)---- $III #earnings--Information Services Group (ISG) (Nasdaq: III) today announced its financial results for the first quarter ended March 31, 2024.
BTP Business is Booming for Brazilian Firms, SAP Providers
SÃO PAULO--(BUSINESS WIRE)---- $III #EmployeeExperience--Enterprises in Brazil are turning to partners that use SAP Business Technology Platform (BTP) to develop customized solutions, ISG says.