ISG SourceIT EMEA explores sourcing strategies in a booming IT services market

This event from May 17 to 18 in Paris aims to explore new sourcing tools and strategies to increase the value and efficiency of organizations.

PARIS, May 16, 2022-(BUSINESS WIRE)-At the inaugural ISG SourceIT EMEA conference, search experts will gather in Paris to discuss the latest trends in technology and business services, as well as delivery models . . The conference, organized by Information Services Group (ISG) (Nasdaq: III), a global technology research and consulting firm, will be held May 17-18 at the Hotel Lutetia.

This event comes at a time when demand for these services is rising, according to results from the ISG Index ™ EMEA. The latest report revealed that in the first quarter of 2022, the annual contract value (ACV) of the European market reached a record high for cloud-based IT and business services. The dynamism of the managed services market continues to be confirmed.

The European IT services market is seeing steady growth, and figures from the ISG Index ™ EMEA showed that the market’s combined annual contract value (ACV) reached a record high of $ 7.5 billion in the first quarter. of 2022, an increase of 21% over the previous year », Indicated Hervé Ferrouillat, ISG partner and chairman of the ISG SourceIT event. ” This increased demand is accompanied by the need to consider both sourcing and management issues, which will allow companies to get the full benefit from the services and technology they purchase. »

According to other results from the ISG Index Q1 2022, demand for cloud services in the EMEA region reached an all -time high of $ 3.9 billion, up 44%. The segment represents 51% of the combined market, the highest proportion ever.

At the ISG SourceIT event, sourcing experts will explore the impact of growing cloud demand on the public sector, which requires an adapted bidding process for the competitive selection of suppliers; how the concept of the “sovereign cloud” affects business operations, as well as the Cloud FinOps frameworks that bring together business teams, as well as engineering and finance teams.

Expert -led sessions will also cover issues regarding improving contract lifecycle management, supplier management efficiency, and cost savings. They also discuss the topic of defining and limiting value leakage in outsourcing agreements, as well as adding cybersecurity controls to sourcing agreements.

As part of their digital transformation, companies face 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 rampant. Acquiring IT services and solutions in this hybrid context must be particularly agile and constantly looking to create value for customers. Collaboration with an extended ecosystem particularly contributes to the accomplishment of this goal. “, Said Philippe Roncati President Kyndryl France

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 the media sponsors of the event.

For any additional information related to registration, visit the event website.

About ISG

ISG (Information Services Group) (Nasdaq: III) is a leading global technology research and advisory firm. More than 800 companies trust ISG, including more than 75 of the top 100 global companies. ISG advises businesses, public sector organizations, and service and technology providers to achieve operational efficiency and benefit from faster growth. The company specializes in digital transformation services, including cloud, data and empowerment analytics; resource advice; risk management and management services; network operator services; the design of strategies and operations; change management; market knowledge, as well as technology research and analysis. Founded in 2006, and based in Stamford, Connecticut (USA), ISG employs more than 1,300 digitally-ready professionals operating in more than 20 countries; a global team known for its innovative thinking, market influence, deep technology and industry expertise, and innovative research and analytics capabilities based on data from the most complete industry.

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