Information Services Group, Inc. (III) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

All right, welcome to the fourth quarter 2025 ISG Global Index Call. I'm Brian Bergen with TD Cowen, and I'd like to thank the team at ISG for their value work in the industry and for asking us to host this call today. ISG has been hosting these index calls on the IT and business services industry for more than 20 years and influences 200 billion of technology spending each year, which gives them deep insights into the industry as well as key changes in enterprise demand. So we always appreciate their insights, and particularly amid everyday uncertainty that we have today. Right now, I'd like to turn the call over to Steve Hall, Chief AI Officer at ISG, to get into all the detail here today. Steve? Awesome. Thank you, Brian, and Happy New Year to you. And welcome, everybody, to the 93rd consecutive ISG Index Call. With me today, we have Kathy Rudy, who's the partner and Chief Data Analytics Officer at ISG, Namratha Darshan, who is our Chief Business Leader for ISG India, Mark Smith, who's our Chief Software Analyst, and Alex Bacher, who's our Distinguished Analyst at ISG. So again, welcome 93rd ISG Index. We're so excited to host it. Welcome so many friends back. But for those of you that may be on the, this is your first call, just some quick background. The ISG Index measures the overall health and growth of the technology industry, which includes both managed services, services, and cloud-based software and infrastructure services. So we do this by tracking and analyzing annual contract value. or what I'll refer to as ACV, as really the leading indicator revenues are likely to be in the future. So think of ACV as a bit of bookings. So let's go ahead and take a look at the market. So 2025 closed. year for the market overall, but more importantly, it marked a clear ...