Swiss Companies Accelerate Digital Transformation with Growing Demand for Cloud Services
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
0mins
Source: Businesswire
- Growing Demand for Cloud Services: According to the ISG report, Swiss enterprises are increasingly demanding cloud services, particularly for AI application support, which is expected to drive sustained growth in public cloud infrastructure services.
- Data Sovereignty Requirements: Swiss companies are placing greater emphasis on data sovereignty, demanding cloud environments that comply with local laws and data protection regulations to ensure secure management of sensitive data and enhance compliance.
- Integration of Sustainability Goals: Swiss enterprises are increasingly incorporating sustainability objectives into their cloud adoption strategies, investing in green technologies and optimizing resource usage to enhance their market image as environmentally conscious.
- Priority on Cloud Cost Optimization: As cloud adoption leads to rising IT spending, Swiss companies are prioritizing the implementation of FinOps principles to control costs through precise resource allocation and elimination of unused capacity, ensuring close collaboration between finance and operations teams.
Analyst Views on III
Wall Street analysts forecast III stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for III is 6.75 USD with a low forecast of 6.50 USD and a high forecast of 7.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
2 Analyst Rating
2 Buy
0 Hold
0 Sell
Moderate Buy
Current: 5.890
Low
6.50
Averages
6.75
High
7.00
Current: 5.890
Low
6.50
Averages
6.75
High
7.00
About III
Information Services Group, Inc. is a global artificial intelligence (AI)-centered technology research and advisory firm. The Company specializes in digital transformation services, including sourcing advisory, cloud and data analytics; managed governance and risk services, network carrier services, technology strategy and operations design; change management, and market intelligence and technology research and analysis. The Company’s ISG Network and Software Advisory services and its software platforms, including ISG GovernX and ISG Tango. ISG GovernX includes real-time third-party risk management capabilities, including integrated data feeds and real-time alerts. ISG Tango sourcing platform is an AI-embedded, comprehensive solution that enables enterprises and public sector organizations to evaluate their business requirements and identify desired outcomes. Its AI Maturity Index, a data-driven assessment platform designed to benchmark workforce readiness for AI at scale.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
