Information Services Group, Inc. (III) Earnings Call Transcript & Summary

Good morning, everyone. Is everyone excited to be here? Well, I'm Karen Snow, SVP of Listings, and it's my great pleasure to welcome Information Services Group and its Chairman and CEO, Michael Connors, to MarketSite. I'd also like to extend a warm welcome to the ISG management team, Board of Directors, employees and guests. We're excited that you could all join us right here at the crossroads of the world in Times Square as we get set to ring today's opening bell to celebrate your 15th anniversary of Information Services Group. Congratulations. Since Michael founded the company in 2006, ISG has become a leading global technology research and advisory firm known in both the private and public sector for helping each achieve operational excellence and faster growth through digital technology and business transformation. ISG provides 13 business solutions and 4 products to 13 industries. And a great example of ISG's research leadership is a quarterly ISG Index, a leading source of market intelligence on IT and business services market for investors, enterprise buyers, software and service providers, law firms, universities and the media. Michael, we know this is a team effort, and you have built an incredible team and culture at that. We're proud to be your partner and applaud the business success as well as the work you've done through ISG Care and most recently announcing another year of ISG Food for the Holidays donations this season. Congratulations to you and the entire team, and we look forward to supporting you on your continued innovation and success as a NASDAQ-listed company. And now please join me in welcoming your CEO and Chairman, Michael Connors, to the podium for further remarks.

Well, thank you, Karen, and the NASDAQ. It's an honor to be here today to ring the opening bell to celebrate our 15th anniversary as a firm. Today, I am thrilled to be joined by 50 of my colleagues, family, friends and business associates. Among them are members of our ISG Executive Board, Bruce Fall, a member of our Board of Directors. I want to thank all of you for joining us today. When I founded ISG in 2006, we did so, of course, with no revenues, no payroll, but with a vision to create a leading technology research and advisory firm. Today, 15 years later, we have 1,300 of our colleagues, world-class professionals, serving more than 700 blue-chip clients in 20 countries, and we're approaching $300 million. It has been quite a journey. ISG is helping our clients on their continuous journeys to digital transformation, operational excellence and faster growth. As we begin to emerge from the worst of the pandemic enterprises are doubling down on their digital investments. And more and more of them are turning to ISG for advice and support. Our new operating model, ISG Next, allows us to offer integrated solutions and virtual delivery across borders and time zones. It's been a real game changer for our firm. With the success of ISG Next and rising digital demand, ISG has had its best year ever in 2021. And investors have taken note. Our share price is up over 300% since the start of the pandemic last year, and that puts ISG near the top of NASDAQ's fastest-growing stocks this year. Again, it's been quite a year. Thank you for having us today, Karen and the NASDAQ team. We appreciate being your partner and providing this wonderful opportunity to celebrate our 15th anniversary. To all of my colleagues worldwide, to our clients and to our loyal shareholders I say thank you. Thank you. Thank you. Have a great day today.