Monday, January 25, 2021
Information Services (III)
NobleCon17 Observations
ISG (Information Services Group) (Nasdaq: III) is a leading global technology research and advisory firm. A trusted business partner to more than 700 clients, including more than 70 of the top 100 enterprises in the world, ISG is committed to helping corporations, public sector organizations, and service and technology providers achieve operational excellence and faster growth. The firm specializes in digital transformation services, including automation, cloud and data analytics; sourcing advisory; managed governance and risk services; network carrier services; strategy and operations design; change management; market intelligence and technology research and analysis. Founded in 2006, and based in Stamford, Conn., ISG employs more than 1,300 digital-ready professionals operating in more than 20 countries—a global team known for its innovative thinking, market influence, deep industry and technology expertise, and world-class research and analytical capabilities based on the industry’s most comprehensive marketplace data. For more information, visit www.isg-one.com
Joe Gomes, Senior Research Analyst, Noble Capital Markets, Inc.
Refer to the full report for the price target, fundamental analysis, and rating.
NobleCon17. We hosted Information Services CEO Michael Connors and CFO David Berger at NobleCon17. Management provided an in-depth look at how COVID has impacted the Company, both in the short-term and for the long-term, as well as highlighted the ongoing progress towards financial goals, such as $100 million of recurring revenues, up from roughly $80 million currently.
COVID: Short-term Negative but Long-term Positive? Obviously, COVID’s impact on nearly all firms’ operating results has been negative. But for the longer term, the changing business environment COVID has caused should be a net benefit to ISG. Clients have all seen the power of digital and ISG’s services to enable cost reduction or cost optimization, driving new clients and well as deepening …
This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).
*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary. Proper due diligence is required before making any investment decision.