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Unified Services Enable Insurance Innovation
Businesswire· 2025-12-17 16:00
STAMFORD, Conn.--(BUSINESS WIRE)--Insurance enterprises are increasingly integrating AI into their operations to increase agility, personalization and operational excellence as they face multiple business challenges, according to a new research report published today by Information Services Group (ISG) (Nasdaq: III), a global AI-centered technology research and advisory firm. Insurers around the world are rethinking how they deliver value amid rising uncertainty. They are turning to AI and other intelligent ...
Tata and Infosys to bear brunt of Donald Trump’s $100,000 H-1B worker fee
MINT· 2025-12-17 08:19
Core Points - The Trump administration's $100,000 fee for new H-1B workers from outside the US is expected to significantly impact the IT outsourcing and staffing industries, which have been targets for both political parties [1] - Multinational staffing firms, such as Tata Consultancy Services, Infosys, and Cognizant, will be disproportionately affected, with nearly 90% of new H-1B hires at these companies approved at US consulates [2] - The fee could lead to a steep decline in visa demand and an increase in the placement of workers overseas, as companies adjust their hiring strategies in response [4][10] Industry Impact - The fee will impose substantial costs on major IT firms, with Infosys facing over $1 billion in visa charges for more than 10,400 workers, Tata for 6,500 workers, and Cognizant for over 5,600 workers [3] - The IT consulting industry has already reduced new H-1B applications since 2024, and the new fee is likely to accelerate the trend of offshoring jobs [10] - Companies are expected to increase investments in countries like India, which is a primary source of H-1B workers, to access talent more cost-effectively [10] Hiring Strategies - Many employers are proactively adjusting their hiring plans in anticipation of the fee, with some planning to opt out of registering workers who would require visa processing at consulates [14] - The upcoming visa lottery in April will serve as an early indicator of how the fee and proposed lottery changes will affect the skill and wage levels of applicants [13] - The combination of the $100,000 fee and potential lottery reforms could reduce entries in the next lottery by 30% to 50%, reshaping market behavior regarding H-1B applications [15]
ISG to Evaluate AI Services in Healthcare
Businesswire· 2025-12-16 16:00
STAMFORD, Conn.--(BUSINESS WIRE)--Information Services Group (ISG) (Nasdaq: III), a global AI- centered technology research and advisory firm, has launched a research study examining providers that help healthcare enterprises move from early experimentation to real-world adoption of AI. Healthcare enterprises are facing significant challenges, such as data fragmentation and privacy and regulatory constraints. As they continue to adopt agentic AI, the need for strong guardrails, oversight and safety manageme ...
Trump’s $100,000 H-1B fee threatens Indian IT firms’ US hiring model
BusinessLine· 2025-12-15 23:59
President Donald Trump’s $100,000 price tag for new H-1B workers hired from outside the US will have punishing effects for the IT outsourcing and staffing industries that have long been a target of both parties.The fee is the biggest restriction the Trump administration has imposed so far on employment of skilled foreign workers.A Bloomberg News analysis found it will have a disproportionate impact on multinational staffing firms that act as middlemen for companies seeking H-1B workers. Those middlemen incl ...
U.S. Enterprises Expand AI Use Across Public Clouds
Businesswire· 2025-12-15 15:00
STAMFORD, Conn.--(BUSINESS WIRE)---- $III #AI--U.S. enterprises are implementing AI in public cloud environments to improve the productivity and efficiency of core business operations, ISG says. ...
TCS, Infosys, Cognizant to bear brunt of Trump’s $1,00,000 H-1B visa fee
BusinessLine· 2025-12-15 10:34
 US President Donald Trump’s $100,000 price tag for new H-1B workers hired from outside the US will have punishing effects for the IT outsourcing and staffing industries that have long been a target of both parties.The fee is the biggest restriction the Trump administration has imposed so far on employment of skilled foreign workers.A Bloomberg News analysis found it will have a disproportionate impact on multinational staffing firms that act as middlemen for companies seeking H-1B workers. Those middlemen ...
GenAI, Agentic AI Reshape Insurance Industry
Businesswire· 2025-12-11 16:00
STAMFORD, Conn.--(BUSINESS WIRE)--Leading insurance enterprises are implementing generative AI and agentic AI throughout most of their operations, gaining a crucial competitive edge in speed, pricing, accuracy and customer experience, according to a new research report published today by Information Services Group (ISG) (Nasdaq: III), a global AI-centered technology research and advisory firm. AI in insurance has quickly matured from experimental to production-ready across the insurance value chain. This tr ...
Insurers Adopt GCCs to Address AI Needs, Strengthen Operations
Businesswire· 2025-12-10 15:00
STAMFORD, Conn.--(BUSINESS WIRE)---- $III #AI--Insurance enterprises are establishing global capability centers that can attract AI resources and expand capabilities amid market changes, ISG says. ...
Enterprises Unify, Accelerate Business Planning with AI-powered Software Platforms, ISG Says
Businesswire· 2025-12-09 15:00
STAMFORD, Conn.--(BUSINESS WIRE)---- $III #AI--A growing number of companies are using business planning software to integrate planning activities and align them with enterprise strategy, ISG says. ...
ISG to Evaluate Life Sciences Digital Services
Businesswire· 2025-12-08 15:00
STAMFORD, Conn.--(BUSINESS WIRE)--Information Services Group (ISG) (Nasdaq: III), a global AI- centered technology research and advisory firm, has launched a research study examining IT service providers and contract research organizations (CROs) across key digital and operational areas in the life sciences domain. Enterprises are moving from experimentation to true digital transformation. They are rapidly adopting advanced technologies such as GenAI copilots to support critical life sciences processes incl ...