ISG Index: Q3 Infrastructure Spending Doubles, XaaS Forecast Raised to 60%
III sits 54% above its 52-week low of $3.74 on light trading volume (0.1× avg).
Summary
ISG's Q3 2026 Index shows combined market ACV surged 63% to $52.5B, the first quarter above $50B, driven by IaaS up 115% to $35.5B. The company raised its full-year XaaS growth forecast to 60% from 30%, citing accelerating AI infrastructure demand. Managed services grew only 2.1% to $11.3B, with BFSI and telecom verticals declining. This is the first report of these results and the forecast hike, which materially improves ISG's market outlook and could support revenue growth for its research and advisory business.
At the time of this announcement, III was trading at $5.75 on NASDAQ in the Technology sector, with a market capitalization of approximately $278.1M. The 52-week trading range was $3.74 to $6.45. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: BusinessWire.