III Information Services Group Inc.

U.S. Companies Seek Better Tools to Strengthen Marketing

Most U.S. enterprises are not fully satisfied with their marketing technology and are exploring ways to improve it, according to a new research report published today by Information Services Group () (Nasdaq: ), a leading global technology research and advisory firm.

The 2022 ISG Provider Lens™ MarTech Service Providers report for the U.S. finds many enterprises are dissatisfied with technologies intended to complement marketing efforts because they are not achieving tangible results. This has created opportunities for companies to seek more relevant solutions and services, especially with the changing role and increasing importance of digital marketing since the beginning of the COVID-19 pandemic.

“One of the most challenging assignments for enterprise marketers is to wade through the massive ecosystem of MarTech alternatives and identify the most relevant offerings for their unique needs,” said Paul Gottsegen, partner and president, ISG Research & Client Experience. “Our ISG Provider Lens report offers a much-needed guide to help navigate through this crowded field and understand how to evaluate the many potential choices.”

Effective use of marketing technology requires a complex set of tasks, including sourcing and managing and maintaining tools that undergo regular updates, the report says. Integrating data from different sources and unifying siloed workflows are also essential. Many companies have been forced to address these challenges with reduced budgets due to the economic effects of the pandemic.

Enterprises are increasing their adoption of agile marketing, while the technologies that enable it grow more mature, ISG says. Agile marketing helps companies achieve ongoing rapid growth and address new challenges by iterating, experimenting and validating new approaches.

Companies are also using new tools to enhance digital customer experience, especially by releasing new, innovative experiences quickly across all digital platforms, ISG says. Marketers are more frequently deploying fresh content and changing live campaigns to keep up with accelerating marketplace changes.

Most successful enterprises are also using AI to gain insights from data that can be used to create more relevant offers to customers, the report says. Used in conjunction with machine learning, AI allows companies to engage in more targeted, relevant and personal communications with customers.

“AI and machine learning have gone from being buzzwords to playing a central role in marketing,” said Jan Erik Aase, partner and global leader, ISG Provider Lens Research.

The report also explores a wide range of other marketing technology trends in the U.S., including the growing importance of social media platforms and the need for distinctive but coordinated marketing methods at every step of the customer journey.

The 2022 ISG Provider Lens™ MarTech Service Providers report for the U.S. evaluates the capabilities of 11 providers across six quadrants: Strategic Martech Services, Digital Presence and Digital Ads, Digital Experience and Content, Social and Relationship, Digital Commerce Optimization, and Analytics and Intelligence.

The report names Accenture and Cognizant as Leaders in all six quadrants. It names TCS as a Leader in five quadrants, HCL as a Leader in four quadrants and Capgemini as a Leader in two quadrants. Globant, Isobar and Mindtree are named as Leaders in one quadrant each.

In addition, Mindtree is named as a Rising Star — a company with a “promising portfolio” and “high future potential” by ISG’s definition — in two quadrants. Capgemini, Globant, HCL and Isobar are named as Rising Stars in one quadrant each.

A customized version of the report is available from .

The 2022 ISG Provider Lens™ MarTech Service Providers report for the U.S. is available to subscribers or for one-time purchase on this .

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., Canada, Brazil, the U.K., France, Benelux, Germany, Switzerland, the Nordics, Australia and Singapore/Malaysia, with additional markets to be added in the future. For more information about ISG Provider Lens research, please visit this .

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: ) 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 .

EN
10/08/2022

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Information Services Group Inc.

 PRESS RELEASE

AI Becoming Essential to HCM, ISG Says

STAMFORD, Conn.--(BUSINESS WIRE)-- AI is becoming a core requirement for human capital management (HCM) and employee engagement, with two-thirds of enterprises expected to need AI-enabled capabilities in their HCM systems by 2027, according to new research from global AI-centered technology research and advisory firm Information Services Group () (Nasdaq: ). The ISG Buyers Guides™ for HCM, produced by ISG Software Research, find the biggest driver of change in talent management and HR management system (HRMS) software is the growing use of AI and machine learning (ML) in these systems. Once f...

 PRESS RELEASE

Enterprises to Boost AI and Data Analytics Skills in Global Capability...

STAMFORD, Conn.--(BUSINESS WIRE)-- New survey research from global AI-centered technology research and advisory firm Information Services Group () (Nasdaq: ) finds the majority of enterprises plan to leverage AI in their global capability centers (GCCs) so those centers can take on higher-value work. The newly released finds GCC staffing is shifting away from primarily labor arbitrage to also deliver higher-skilled work and expertise that drives greater innovation and productivity. Respondents said overall staffing levels will remain largely unchanged, but the mix of skills will focus more o...

 PRESS RELEASE

Asia Pacific Utilities Modernize Grids to Meet Rising Demand

SYDNEY--(BUSINESS WIRE)-- The power and utilities industry in Asia Pacific is increasingly investing in AI and other digital technologies to address operating challenges arising from increased power consumption and renewable energy development, according to new research reports published today by Information Services Group () (Nasdaq: ), a global AI-centered technology research and advisory firm. Energy demand in Asia Pacific, which accounts for more than half of global electricity consumption, is surging due to industrialization and population growth, ISG says. Data centers, AI, cryptocurren...

 PRESS RELEASE

L’industrie 4.0 gagne du terrain en Europe

LONDRES--(BUSINESS WIRE)-- La révolution numérique continue de transformer le paysage manufacturier européen, les initiatives de l’industrie 4.0 gagnant en dynamisme, selon un nouveau rapport de recherche publié aujourd’hui par Information Services Group () (Nasdaq : ), une société mondiale de recherche et de conseil en technologie centrée sur l’IA. Le rapport 2024 ISG Provider Lens™ Manufacturing Industry Services and Solutions pour l’Europe constate que les fabricants, dans leur volonté d’atteindre les objectifs de l’industrie 4.0, cherchent à adopter l’IA/ML, l’IoT et la robotique pour har...

 PRESS RELEASE

Industry 4.0 Gaining Momentum in Europe

LONDON--(BUSINESS WIRE)-- The digital revolution continues to transform Europe’s manufacturing landscape, with Industry 4.0 initiatives gaining momentum, according to a new research report published today by Information Services Group () (Nasdaq: ), a global AI-centered technology research and advisory firm. The 2024 ISG Provider Lens™ Manufacturing Industry Services and Solutions report for Europe finds manufacturers, in their push to achieve Industry 4.0 goals, are looking to adopt AI/ML, IoT and robotics to streamline operations, enhance efficiency and improve decision-making. The report ...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch