Global Technology Services Market Surges to New, AI-Fueled High in Q1: ISG Index™
Information Services Group, Inc. (III)
Last information services group, inc. earnings: 3/10 04:20 pm
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Source: Business Wire
Combined market ACV up 29%, to record $39.4 billion, powered by AI-driven growth in cloud services as demand for managed services remained steadyISG increases 2026 XaaS growth forecast to 25%, maintains managed services forecast at 2.1%New ISG AI Index™, measuring AI’s impact on tech services, up 77% since end of 2022 STAMFORD, Conn.--(BUSINESS WIRE)--The global technology services market surged to a new record in the first quarter as enterprises accelerated their AI adoption and continued to seek cost savings, the latest state-of-the industry report from Information Services Group (ISG) (Nasdaq: III), a global AI-centered technology research and advisory firm, finds.Data from the global ISG Index™, which measures commercial outsourcing contracts with annual contract value (ACV) of $5 million or more, show first-quarter ACV for the combined global market (both managed services and cloud-based software and infrastructure services) reached a record $39.4 billion, up 29 percent year o
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III
Earnings
- 3/5/26 - Beat
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Sec Filings
- 4/3/26 - Form 4
- 4/3/26 - Form 4
- 4/3/26 - Form 4
- III's page on the SEC website