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Article: Insurers Can Find Sunshine in the Cloud; Carriers willing to consider replacing legacy systems with cloud computing initiatives can reap many benefits.(Vantage Point - Guest commentary from industry sources)
- Article from:
- Insurance Networking News: Executive Strategies for Technology Management
- Article date:
- July 1, 2009
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Byline: Randy Rodriguez
Insurance organizations continue to face myriad challenges, even as the economy shows faint glimmers of recovery. While senior insurance leaders in 2008 were often forced to make reactive decisions, 2009 may afford those same leaders with opportunities to proactively improve core operations.
Driven by the necessity to both innovate and reduce costs, more insurers are considering cloud computing as a strategic initiative.
Cloud computing dramatically alters the current technology business model to deliver speed, cost savings and agility to insurers. By putting processes and data "in the cloud," issues such as servers, ...