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Stock impact report

U.S. Firms Look to Public Clouds for AI Scale, Intelligence

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: Business Wire
As GenAI beckons, hyperscale infrastructure gives enterprises affordable access to essential hardware and tools, ISG Provider Lens™ report says STAMFORD, Conn.--(BUSINESS WIRE)--Enterprise adoption of AI technologies is the main driver of growing U.S. demand for public cloud services over the past year, according to a new research report published today by Information Services Group (ISG) (Nasdaq: III), a leading global technology research and advisory firm.The 2024 ISG Provider Lens™ Multi Public Cloud Services report for the U.S. finds that organizations recognize both the transformative potential of AI-based applications and the high cost and complexity of developing and deploying them. AI — especially generative AI — requires expensive hardware and software, such as graphics processors and large language models (LLMs) that are not economical for enterprises to build on their own. Many are turning to cloud platforms for scalable, on-demand computing power, storage, tools and AI- Show less Read more
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