STAMFORD, Conn., Dec. 22, 2017 /PRNewswire/ -- Information Services Group (ISG) (Nasdaq: III), a leading global technology research and advisory firm, said today it will earmark funds for additional investment in global digital initiatives over the next two years to accelerate growth, and make an additional contribution of $500 to every U.S. employee's 401(k) retirement account on U.S. Tax Day, April 17, 2018. The moves are in response to the recent passage of the federal Tax Cut and Jobs Act.
"Our people and our clients are the keys to our success and we believe continued investments in their future are the best response to the rationalization of the corporate tax code. We applaud Congress and the administration for the leadership they showed in making these changes. We firmly believe they will spur growth and investment across many businesses, including those of our clients in such industries as financial services, manufacturing, healthcare, energy and retail, among others," said Michael P. Connors, chairman and CEO of ISG. "As we work with our clients to accelerate their digital transformation journeys, we see the new tax code as a real catalyst for positive change.
"Beyond this broader impact, ISG will reinvest a portion of the savings from the lower corporate tax rate to expand further our digital services for clients, increase our digital training for employees, and remind our employees that changes such as these help them both personally and professionally, while at the same time strengthening our business and our ability to serve our clients."
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 75 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; technology 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 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.
SOURCE Information Services Group, Inc.