ISG Research: Landscape of Large Companies Changing
Analysis of Forbes Global 2000 shows shift away from West, mature economies
Service providers must adapt to needs of emerging markets to stay competitive
STAMFORD, Conn., May 9, 2013
STAMFORD, Conn., May 9, 2013 /PRNewswire/ --Information Services Group (ISG)
(NASDAQ: III), a leading technology insights, market intelligence and advisory
services company, today announced new ISG Research today showing changes in
the landscape of large companies globally that will have a major impact on the
go-to-market strategies of service providers.
The ISG Research, which analyzes trends in The Forbes Global 2000 annual
ranking of the world's largest companies, found a significant shift in
regional representation on the list. Notably, the Americas has lost its
dominant position, with 189 fewer companies in 2012 than it had in 2004. It
has been replaced at the top by Asia Pacific, which gained 163 companies
during the same time period. Europe, the Middle East and Africa (EMEA) gained
In addition, the ISG Research found a sharp decline in the number of firms
representing the mature economies in each of the three primary regions of the
world. For example, the United States had 226 fewer companies on the list in
2012 than in 2004, more than the entire net loss in the region. By contrast,
there was a substantial increase in the number of Global 2000 firms from
emerging markets, such as China, India, Brazil and the Middle East.
The Global 2000 is a key tool service providers use to shape their
go-to-market strategies. Collectively, companies on the list spent more than
$80 billion on outsourcing services last year.
"These changing dynamics point to an accelerating shift of global economic
power from the West to the East and a multi-polar world in which emerging
economies will drive the majority of growth in the coming years," said Paul
Reynolds, Chief Research Officer, Momentum, ISG. "Service providers will need
to adapt to this shift to stay competitive."
The recently published Momentum™ Market Trends & Insights 2012 Annual Report
from ISG provides in-depth analysis of the changes shaping the mix of
companies in the Global 2000 and how those changes will affect service
providers' go-to-market strategies.
For example, Reynolds said, service providers that rely solely on successful
global case studies are likely to fail. Clients in emerging markets
increasingly demand evidence of local success.
Service providers also need to develop local sales and delivery teams. ISG has
observed that selling to locals with locals is a differentiator that can lead
Forbes recently released the Global 2000 for 2013. The United States added 19
companies to the list while China was flat from last year.
For more information, please visit
http://www.isg-one.com/web/services/momentum/ or contact Patrick Hill at
firstname.lastname@example.org or Raja Chouthai at email@example.com.
About Information Services Group
Information Services Group (ISG) (NASDAQ: III) is a leading technology
insights, market intelligence and advisory services company, serving more than
500 clients around the world to help them achieve operational excellence. ISG
supports private and public sector organizations to transform and optimize
their operational environments through research, benchmarking, consulting and
managed services, with a focus on information technology, business process
transformation, program management services and enterprise resource planning.
Clients look to ISG for unique insights and innovative solutions for
leveraging technology, the deepest data source in the industry, and more than
five decades of experience of global leadership in information and advisory
services. Based in Stamford, Conn., the company has more than 800 employees
and operates in 21 countries.
For additional information, visit www.isg-one.com.
Follow us on Twitter: https://twitter.com/ISG_News
Follow us on LinkedIn:
Follow us on Google Plus:
SOURCE Information Services Group (ISG)
Contact: Andrew Park, ISG, +1 919 259 9252, firstname.lastname@example.org; or
Gwennie Poor, Cohn & Wolfe for ISG, +1 212 798 9842,
Press spacebar to pause and continue. Press esc to stop.