ISG Provider Lens™ report sees Nordic
companies also turning to the cloud to expand their businesses
across the globe
Enterprises in the Nordic region are increasing their spending
on public cloud services and digital transformation to improve
customer experiences, according to a new report published today by
Information Services Group (ISG) (Nasdaq: III), a leading global
technology research and advisory firm.
The 2021 ISG Provider Lens™ Public Cloud – Services &
Solutions Report for the Nordics finds enterprises in the region
also increasing cloud spending to expand their product and service
portfolios across the globe. In response, public cloud service
providers are focused on improving their digital transformation
advisory services. Cloud spending in the Nordics has increased
across all industry verticals over the last five to six
quarters.
“Enterprises in the Nordic region have embraced the cloud and
emerging digital technologies to become more cost effective and
enhance customer experience,” said Jan Erik Aase, partner and
global leader, ISG Provider Lens Research. “Companies are also
looking for help from public cloud service providers to scale their
digital solutions and reinvent their businesses models.”
Some companies are making steady progress in their digital
transformation and cloud journeys by working with service providers
to accelerate adoption, while others are trapped in a “digital
deadlock,” with legacy technologies, entrenched organizational
structures and hesitant management combining to hinder growth, the
report says.
As Nordic enterprises embrace the cloud and larger digital
transformation efforts, they are seeking collaborative and
co-innovation partners instead of traditional IT services
providers, the report adds. Companies in the region are demanding
agile IT delivery, which requires infrastructure modernization and
the use of cloud technologies such as microservices, containers and
embedded AI. IT providers, the report says, must recognize the
cloud as the default infrastructure option and adjust their
delivery organizations accordingly.
The report also sees public cloud services as the mainstream
solution for developing new business models. The IT market in the
Nordics has long been one of the most progressive markets in
Europe, and while some large enterprises there continue to run
their applications on legacy systems, there is a significant
increase in the number of enterprises embracing cloud and other
digital models during the past two years.
In addition, the report finds an increased migration of SAP
workloads to the cloud in the Nordics, in part because of
accelerated digital adoption prompted by the COVID-19 pandemic.
Nordic enterprises in the past were reluctant to transfer their SAP
HANA workloads to the cloud due to data sovereignty and security
issues, but the pandemic has refocused executives’ emphasis on cost
reduction and workload optimization. Many banking and retail
companies in the region have begun migrating SAP HANA workloads to
the public cloud using a proof-of-concept model.
The 2021 ISG Provider Lens™ Public Cloud – Services &
Solutions Report for the Nordics evaluates the capabilities of 52
providers across six quadrants: Consulting and Transformational
Services for Large Accounts, Consulting and Transformational
Services for the Midmarket, Managed Public Cloud Services for Large
Accounts, Managed Public Cloud Services for the Midmarket,
Hyperscale Infrastructure and Platform Services, and SAP HANA
Infrastructure Services.
The report names TietoEVRY as a Leader in four quadrants and
Accenture, AWS, Basefarm (Orange), Capgemini, CGI, Fujitsu, Google,
HCL, IBM, IT Relation, LTI, Microsoft, NNIT, Nordcloud (IBM)
Solita, Sopra Steria, TCS and Wipro as Leaders in two quadrants.
Crayon, Eficode and Tech Mahindra are named Leaders in one
quadrant.
In addition, Basefarm (Orange) was named a Rising Star—a company
with “promising portfolios” and “high future potential” by ISG’s
definition—in two quadrants. Crayon, Infosys and Tech Mahindra are
named Rising Stars in one quadrant.
Customized versions of the report are available from AWS,
Eficode and TietoEVRY.
The 2021 ISG Provider Lens™ Public Cloud – Services &
Solutions Report for the Nordics is available to subscribers or for
one-time purchase on this webpage.
About ISG Provider Lens™ Research The ISG Provider Lens™
Quadrant research series is the only service provider evaluation of
its kind to combine empirical, data-driven research and market
analysis with the real-world experience and observations of ISG's
global advisory team. Enterprises will find a wealth of detailed
data and market analysis to help guide their selection of
appropriate sourcing partners, while ISG advisors use the reports
to validate their own market knowledge and make recommendations to
ISG's enterprise clients. The research currently covers providers
offering their services globally, across Europe, as well as in the
U.S., Germany, Switzerland, the U.K., France, the Nordics, Brazil
and Australia/New Zealand, with additional markets to be added in
the future. For more information about ISG Provider Lens research,
please visit this webpage.
A companion research series, the ISG Provider Lens Archetype
reports, offer a first-of-its-kind evaluation of providers from the
perspective of specific buyer types.
About ISG 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 more
than 75 of the world’s top 100 enterprises, 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;
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
digital-ready 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.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20211201005354/en/
Press:
Will Thoretz, ISG +1 203 517 3119 will.thoretz@isg-one.com
Kate Hartley, Carrot Communications for ISG +44 (0)20 3457 6403
kate.hartley@carrotcomms.co.uk
Information Services (NASDAQ:III)
Historical Stock Chart
From Mar 2024 to Apr 2024
Information Services (NASDAQ:III)
Historical Stock Chart
From Apr 2023 to Apr 2024