Information Services Group Announces Merger Into Single Go-to-Market Brand
TPI, Compass, STA Consulting combine to form integrated services leader under ISG name
Offers clients single source Research, Consulting, Managed Services to achieve operational excellence
STAMFORD, Conn., Jan. 10, 2012 /PRNewswire/ -- Information Services Group, Inc. (ISG) (NASDAQ: III), a leading technology insights, market intelligence and advisory services company, today announced the merging of its individual corporate brands into one globally integrated business under the ISG brand.
The three market leaders: TPI, the world's leading sourcing data and advisory firm; Compass, a premier independent provider of business and IT benchmarking; and STA Consulting, a premier independent technology advisory serving the North America public sector, will join together under ISG. The merger is designed to offer clients one source to drive operational excellence in their organizations.
The newly merged company will enhance the support given to private and public sector organizations to transform and optimize their operational environments through research, benchmarking, consulting and managed services, with a focus on information technology, business process transformation, program management services and enterprise resource planning.
"We started our journey five years ago to create an industry-leading, high growth, information-based company and we have been solidly on that path since then," said Michael P. Connors, Chairman and CEO of ISG. "Uniting our capabilities under the ISG brand is a natural evolution and will increase the value we bring to clients. We will be unrivaled in providing substantial, sustainable and quantifiable improvements in their business operations from an independent, objective and trusted adviser."
Connors added: "We entered 2012 with momentum from 2011. We saw continued strong demand for our services and our success in keeping existing and attracting new clients. We believe this strategy will enable ISG to continue to grow our business, add new talent to our firm and significantly increase shareholder value."
The integrated go-to-market approach will enable all ISG professionals additional access to the firm's tools, resources and solutions to provide enhanced service to the more than 500 clients served globally. The legacy brands of TPI and Compass will remain as product and service descriptors, such as: The TPI Index and Compass Benchmarks.
ISG also launched a new web site: www.isg-one.com that provides in-depth information in an easily accessible format for clients, service providers, analysts, job seekers and investors.
ISG has a history of supporting over 1,500 organizations with more than 10,000 engagements in 46 countries. The firm has served more than 75 percent of the Forbes Global 100 which has contributed over $100 billion in client savings through the firm's benchmarking and consulting engagements.
Information Services Group (ISG) (NASDAQ: III) is a leading technology insights, market intelligence and advisory services company, serving more than 500 clients around the world to help them achieve operational excellence. ISG supports private and public sector organizations to transform and optimize their operational environments through research, benchmarking, consulting and managed services, with a focus on information technology, business process transformation, program management services and enterprise resource planning. Clients look to ISG for unique insights and innovative solutions for leveraging technology, the deepest data source in the industry, and more than five decades of experience of global leadership in information and advisory services. Based in Stamford, Conn., the company has more than 700 employees and operates in 21 countries. For additional information, visit www.isg-one.com.
SOURCE Information Services Group, Inc.