Summary of AI Adoption Tracker - March 2026 Industry Overview - The report focuses on the **AI adoption** landscape, particularly in the **semiconductor** industry and its broader implications across various sectors in the United States and globally. Key Points AI Adoption Rates - AI adoption among US establishments is currently at **18.9%**, with expectations to rise to **22.3%** in the next six months [2][21] - Sectors leading in AI adoption include **information services**, **professional services**, **education services**, and **finance/insurance** [2][24] - **Computing and web hosting firms** report the highest current AI usage at **60%** [2][29] - Establishments with over **250 employees** have a higher adoption rate of **35.3%**, while those with **20-49 employees** have seen a significant increase of **2.1 percentage points** to **21.5%** [2][34] Investment Growth - AI-related investments in the US have reached **$325 billion**, accounting for **1.1% of GDP**, marking an increase from 2022 levels [2][11] - Global revenue growth for the semiconductor sector is projected to be **49%** by the end of 2026 [2][5] - AI-related hardware revenues are expected to exceed **$700 billion** by Q4 2026 [2][7] Labor Market Impact - The impact of AI on the labor market remains limited, with specific industries like **marketing**, **graphic design**, and **customer service** experiencing a contraction of around **5,000 jobs per month** [2][43] - Only **4,600 employees** were affected by layoffs attributed to AI in February [2][62] - Construction jobs related to data center build-out have increased by **212,000** since 2022 [2][71] Productivity Gains - Academic studies suggest an average productivity uplift of **23%** due to AI adoption, while anecdotal evidence from companies indicates gains of around **33%** [2][77][81] - Industries with higher AI adoption rates are showing a slight acceleration in productivity growth over the past year [2][83] Future Expectations - Broadcasting firms are expected to see the largest increases in AI adoption over the next six months [2][33] - The share of AI-related job postings is rising, particularly in **information and professional services** and **finance** [2][67] Challenges and Barriers - Key challenges to AI adoption include workflow integration and retaining expertise to scale AI solutions [2][40] - Insufficient employee skills are cited as the largest barrier to integrating AI into existing workflows [2][40] Additional Insights - The report indicates that AI adoption is increasing across firms in **EMEA** and **APAC** regions, confirming a global trend [2][41] - The correlation between AI adoption and labor market outcomes remains statistically insignificant, indicating that AI's impact on employment growth is not yet fully realized [2][48][62] This summary encapsulates the critical insights from the AI Adoption Tracker, highlighting the current state of AI integration across industries, investment trends, labor market implications, and productivity enhancements.

Core Viewpoint - Information Services Group (III) has experienced a significant decline of 19% over the past four weeks, but it is now positioned for a potential trend reversal as it enters oversold territory, with analysts predicting better earnings than previously expected [1]. Group 1: Technical Indicators - The Relative Strength Index (RSI) is a momentum oscillator that helps identify whether a stock is oversold, with readings below 30 indicating oversold conditions [2]. - The current RSI reading for III is 29.48, suggesting that the heavy selling may be exhausting itself, indicating a potential bounce back towards equilibrium in supply and demand [5]. Group 2: Fundamental Analysis - There is strong consensus among sell-side analysts that earnings estimates for III have increased by 0.9% over the last 30 days, which typically correlates with price appreciation in the near term [7]. - III holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises, further supporting the stock's potential for a turnaround [8].

Core Insights - The article discusses the recent financial performance of a leading technology company, highlighting significant revenue growth and strategic initiatives aimed at expanding market share [1] Financial Performance - The company reported a revenue increase of 25% year-over-year, reaching $50 billion in the last quarter [1] - Net income rose to $10 billion, reflecting a 30% increase compared to the previous year [1] Strategic Initiatives - The company is investing $5 billion in research and development to enhance its product offerings and drive innovation [1] - A new partnership with a major cloud service provider is expected to boost service capabilities and customer reach [1] Market Position - The company has gained a 15% increase in market share within the cloud computing sector, positioning itself as a top competitor [1] - Customer acquisition rates have improved by 20%, indicating strong demand for its services [1]

Core Insights - Information Services Corporation (ISC) reported its strongest financial performance in 2025, achieving record annual revenue and adjusted EBITDA, while surpassing expectations for adjusted EBITDA and meeting long-term net leverage targets six months ahead of schedule [2][5][10]. Financial Performance - Fourth Quarter 2025 revenue was $65.5 million, a 5% increase from $62.2 million in Q4 2024, driven by strong performance in the Saskatchewan Registries division, particularly in the Land Registry [6][15]. - Annual revenue for 2025 reached $257.8 million, up 4% from $247.4 million in 2024, primarily due to strong results in the Saskatchewan Registries division [8][15]. - Adjusted EBITDA for Q4 2025 was $27.1 million, an increase from $21.0 million in Q4 2024, with an adjusted EBITDA margin of 41% compared to 34% in the prior year [6][7]. - Annual adjusted EBITDA was $103.1 million for 2025, up from $90.3 million in 2024, with an adjusted EBITDA margin of 40% [10][15]. Income and Cash Flow - Net income for Q4 2025 was $4.9 million, or $0.26 per share, down from $5.3 million or $0.29 per share in Q4 2024, attributed to increased share-based compensation expenses [6][10]. - Annual net income for 2025 was $26.8 million, or $1.44 per share, compared to $20.2 million or $1.11 per share in 2024 [10][26]. - Adjusted free cash flow for Q4 2025 was $19.2 million, up from $13.2 million in Q4 2024, driven by strong operating results [9][10]. - Annual adjusted free cash flow was $74.7 million for 2025, an increase of $18.3 million compared to $56.4 million in 2024 [10][15]. Strategic Outlook - The company anticipates continued revenue growth in 2026, projecting revenue between $273.0 million and $283.0 million, and adjusted EBITDA between $100.0 million and $107.0 million [22][18]. - The strength of the Saskatchewan economy and a buoyant residential real estate market are expected to drive growth in Registry Operations [18][22]. - In Services, revenue growth is anticipated through organic growth in Regulatory and Recovery Solutions divisions, with new customer onboarding expected to enhance adjusted EBITDA [19][22]. Strategic Review - The Board of Directors has initiated a Strategic Review to explore options for maximizing shareholder value, which may include asset sales or acquisitions [23][24]. - The review is supported by independent advisors and aims to ensure that any outcomes align with the interests of the Government of Saskatchewan, the largest shareholder [24][23].

March 2026 Investor Presentation isc.ca TSX:ISC Disclaimer This presentation contains forward-looking information, forward-looking statements and financial outlooks (collectively, "forward-looking information") within the meaning of applicable Canadian securities legislation including, without limitation, statements related to the industries in which we operate, business strategy and strategic direction, growth opportunities and our future financial position and results of operations. Such forward-looking i ...

Core Insights - IHS Markit is a leading provider of critical information, analytics, and solutions for major industries and markets globally [1] - The company serves over 50,000 key business and government customers, including 80% of the Fortune Global 500 and top financial institutions [1] - IHS Markit is headquartered in London and focuses on sustainable, profitable growth [1] Company Overview - IHS Markit delivers next-generation information and analytics to enhance operational efficiency for its clients [1] - The company provides deep insights that facilitate well-informed and confident decision-making [1]

Core Insights - TransUnion has announced enhancements to its Device Risk solution to combat the rising threat of digital fraud, which has resulted in reported losses of $534 billion globally according to a survey of 1,200 business leaders [1][5] Group 1: Enhancements and Features - The new machine learning capabilities aim to improve fraud detection accuracy while ensuring a seamless customer experience, introduced at the Merchant Risk Council's MRC 2026 conference [2] - The updates include pre-built adaptive machine learning models that learn from device signals and fraud feedback, enabling proactive detection of anomalies and evasion attempts [3] - These enhancements are expected to improve fraud capture rates by up to 50%, reduce the complexity of manual rules, and lower operational overhead [3] Group 2: Industry Trends - Digital fraud is on the rise, with organizations losing an average of 7.7% of their annual revenue to fraud over the past year [5] - Suspected digital account takeovers increased by 141% from H1 2024 to H1 2025, while suspected digital fraud related to account creation grew by 26% during the same period [6] Group 3: Company Strategy - TransUnion's enhancements reflect its commitment to staying ahead of advanced fraud tactics by integrating richer device-level intelligence with adaptive machine learning [7] - The company aims to empower customers to operate with greater confidence across various digital interactions, including logins, transactions, and account creation [7]

Core Insights - There is an ongoing debate among investors regarding the defensibility of Gartner's Insights business in the context of large language models (LLMs) that can synthesize general business advice from public data [1] Group 1: Client Value Proposition - Gartner's long-standing client value proposition remains compelling, focusing on assisting senior operating executives in making better decisions related to their strategic priorities [2] - The target audience includes direct reports to CEOs, emphasizing the importance of tailored insights for high-level decision-making [2]

Core Insights - Aoris Investment Management's "Aoris International Fund" aims for an annual return of 8-12% over a 5-7 year market cycle, focusing on high-quality businesses with capable management [1] - The fund's Class A (Unhedged) returned -0.5% after fees in Q4 2025, underperforming the benchmark's 2.7% return, while Class C (Hedged) declined by 0.1%, 3.6% less than its benchmark [1] Company Highlights - RELX PLC (NYSE:RELX) is highlighted as a significant stock in Aoris Investment Management's Q4 2025 investor letter, with a market capitalization of $62.45 billion [2] - RELX PLC's stock closed at $34.76 per share on March 11, 2026, with a one-month return of 20.65%, but a 52-week loss of 27.30% [2] Performance Analysis - Major detractors from the fund's returns in Q4 2025 included RELX PLC, Experian, and Microsoft, with RELX declining by 16%, impacting performance by 1.2% [3] - Microsoft and Experian also negatively affected returns, falling by 8.6% and 8% respectively, contributing to a reduction in portfolio returns by 0.7% and 0.8% [3]

Overview of Clarivate - Clarivate is positioned as an indispensable partner for intelligence solutions, workflow solutions, and tech-enabled services for institutions and companies involved in innovation [2] - The company’s services include enriching data, providing analytics and insights, and offering industry-wide recognition for the quality of research [2] Service Offerings - Intelligence solutions account for over half of Clarivate's service offerings, focusing on data enrichment and analytics [2] - Workflow solutions are delivered through Software as a Service (SaaS), integrating deeply into customer workflows within the global innovation ecosystem [3] - Tech-enabled services primarily focus on the intellectual property segment, providing renewal services for intellectual property globally through a network of agents [3]