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Stock impact report

Americas' IT and Business Services Sector Grows by Double Digits in Q1, Despite Growing Uncertainty: ISG Index™ [Yahoo! Finance]

Information Services Group, Inc. (III) 
Last information services group, inc. earnings: 3/10 04:20 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.isg-one.com
Company Research Source: Yahoo! Finance
STAMFORD, Conn., April 15, 2025 BUSINESS WIRE )--Demand for IT and business services in the Americas rose by double digits in the first quarter, despite growing economic uncertainty, according to the latest state-of-the-industry report from Information Services Group ( ISG ) (Nasdaq: III ), a global AI-centered technology research and advisory firm. The Americas ISG Index™, which measures commercial outsourcing contracts with annual contract value (ACV) of $5 million or more, shows first-quarter ACV for the combined market—including both managed services and cloud-based as-a-service (XaaS)—was $14.5 billion, up 19 percent from a year ago. Versus the fourth quarter of 2024, the combined market was down slightly (0.2 percent). "The Americas market was driven by strong cloud and AI demand, as companies continued their digital transformations in Q1 despite economic uncertainty and the prospect of U.S. tariffs," said Todd Lavieri, vice chairman and president of ISG Americas and Asia P Show less Read more
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