The Stamford-based advisory firm grew AI-related sales 56% year over year to nearly $34 million, crossing the halfway mark ahead of schedule Information Services Group, the technology research and advisory firm that trades on Nasdaq under the ticker III, says artificial intelligence now accounts for more than half of its revenue. AI-related sales grew 56% year over year to nearly $34 million. The firm crossed the 50% threshold ahead of schedule. What ISG actually reported Nearly $34 million in AI sales puts that segment above ISG’s older, more traditional practices. Those include IT benchmarking and contract management, the bread-and-butter services the firm built its reputation on. ISG’s total revenue is estimated at around $65 million to $68 million. That estimate lines up with AI sales landing just past the halfway point. The shift did not happen overnight. ISG has been steering toward an AI-centric consulting model for the past two to three years, and it has been building out its AI practice since at least 2022. Why big companies are paying for advice Large enterprises are wrestling with ballooning software and infrastructure bills. AI workloads are pushing up spending on softw...
Information Services Group says AI sales now exceed half of its revenue
1 hour ago
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