Information Services Group Reports Record Tech Spending Driven by AI Cloud Demand
Information Services Group (ISG) reported record technology spending in Q2, with combined managed services and as-a-service ACV reaching $42.3 billion, up 43% year-over-year. The surge was driven primarily by demand for AI-related cloud infrastructure, while traditional managed services grew at a low single-digit rate.
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Topics: AI as-a-service cloud computing managed services tech spending