ISG SourceIT EMEA to Explore Sourcing Strategies for a Surging IT, Business Services Market
May 16 2022 - 5:00AM
Business Wire
May 17–18 event in Paris examines new
sourcing techniques to maximize value, efficiency
Sourcing industry experts will gather in Paris to discuss the
latest technology and business services trends and delivery models
at the first-ever ISG SourceIT EMEA conference, May 17–18, at the
Hôtel Lutetia, hosted by Information Services Group (ISG) (Nasdaq:
III), a leading global technology research and advisory firm.
The gathering comes at a time when demand for such services is
rising, according to the findings of the EMEA ISG Index™, which
show record first-quarter annual contract value (ACV) in Europe for
cloud-based IT and business services and strong continuing momentum
in managed services.
“Europe’s combined market has been steadily growing, with EMEA
ISG Index™ data showing ACV for the combined market at a record US
$7.5 billion in the first quarter, up 21 percent year over year,”
said Hervé Ferrouillat, ISG partner and host of the ISG SourceIT
event. “With this accelerated demand comes a critical need for the
sourcing and governance approaches that will ensure enterprises
realize the value they expect from the services and technologies
they are buying.”
Additional ISG Index findings saw regional EMEA demand for
cloud-based services at a record US$3.9 billion, up 44 percent in
the first quarter and accounting for 51 percent of the combined
market, the highest proportion ever.
Sourcing experts at ISG SourceIT will explore the impact of
increasing cloud demand from the point of view of the public
sector, which requires a bespoke tendering process for competitive
vendor selection; how the concept of the “sovereign cloud” is
impacting enterprise operations, and Cloud FinOps frameworks that
bring together business, engineering and finance teams.
Expert-led sessions will also address improving contract
lifecycle management, vendor management efficiency and cost
savings; identifying and mitigating value leakage in outsourcing
agreements, and adding cybersecurity controls to sourcing
contracts.
"As part of their digital transformations, companies are faced
with many challenges. Among other things, they must manage the
complexity of their infrastructures and ensure the security of
their data in a hybrid multi-cloud world where cyber-attacks are on
the increase. The sourcing of IT services and solutions in this
hybrid context must be particularly agile and focused on value
creation for customers. Collaboration with an extended ecosystem
contributes to meeting this objective," said Philippe Roncati,
president of Kyndryl France.
The ISG SourceIT EMEA is sponsored by Kyndryl, HCL, Tech
Mahindra, T-Systems, Wipro and WNS. The Technology Business
Management (TBM) Council and FITT France are media sponsors.
Additional information and registration are available on the
event website.
About ISG
ISG (Information Services Group) (Nasdaq: III) is a leading
global technology research and advisory firm. A trusted business
partner to more than 800 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.
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version on businesswire.com: https://www.businesswire.com/news/home/20220516005100/en/
Will Thoretz, ISG +1 203 517 3119 will.thoretz@isg-one.com
Erik Arvidson, Matter Communications for ISG +1 978 518 4542
isg@matternow.com
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