Next Generation Datacenter Transformation Strategy
[ Source: Adaptivity Inc. ]
October 2008-
Today’s IT organizations face a dual challenge of "keeping the lights on" while providing "new services" at unprecedented rates with reduced investment support from the business. At the same time the very business model of IT is changing —how applications, content, information, and infrastructure are delivered.
These demands and changes must account for the fact that external facing customer experience and corporate branding, as well as internal operational systems, depends heavily ....
Taking Policy Administration System Transformation 'One Bite at a Time'
[ Source: Diamond Management & Technology Consultants ]
April 2008-
Most insurance carriers are placing policy administration system (PAS) transformation near the top of their to-do lists for the coming year, and many of these companies will expect a dramatic change in business results by moving PAS to the forefront of daily business operations. However, it is critical that carriers do not underestimate the operational challenges associated with replacing an existing PAS platform, because it will require changes to nearly every business process and technical ....
Virtual & Dynamic Infrastructure Strategy
[ Source: Adaptivity Inc. ]
October 2008-
The more tightly bound an application is to its underlying platform, the less capital efficiencies are realized. The IT waste associated with under utilized hardware resources has been clearly demonstrated, which in turn has spawned the creation of datacenter consolidation programs that devise ways to more tightly compress the application infrastructure footprint onto existing hardware resources. Breaking the bonds that tie an application to an instance of an operating system and tie an instance ....
Leading-Edge Product Development Strategies to Improve Speed to Market
[ Source: Infosys Technologies ]
June 2009-
The insurance industry is going through a period of major change. Traditional products and markets are no longer providing growth opportunities. Carriers are forced to look outside their traditional products and markets for profitable growth. This is why it is important for insurance companies to understand the potential of leading-edge product development strategies to improve speed to market. With the aging of the baby boomer generation and their impending exodus from the workplace, there is ....
DR Capacity Harvesting Strategy
[ Source: Adaptivity Inc. ]
October 2008-
Every day IT is being challenged to do more with less. IT needs to eliminate waste wherever it is identified so precious resources can be invested into developing revenue streams and not merely supporting standard operations. To accomplish this, every ounce of compute power needs to be wrung from existing infrastructure. The largest area of untapped potential remains off limits for exploitation; the resources set aside for Disaster Recover (DR). Entire datacenters filled with ....
Modern Policy Administration Systems Require Modern Implementation Methodologies
[ Source: Camilion Solutions, Inc ]
December 2008-
The insurance industry is rife with anecdotes of late or failed implementations and millions of dollars lost in the process. In the Celent report "The 18 Month Rule: Avoiding The Endless Project" (Nov. 2006), it was noted that “between 30% and 80% of all large projects fail, with most estimates coming in on the higher side of this range.” But it doesn’t have to be this way –- implementations of modern policy admin systems can ....
Leveraging the ACORD Capability Model
[ Source: TechWeb ]
January 2009-
BA Scott, AVP, New York Life; Deb Smallwood, co-founder, Smallwood Maike Associates; Frank Neugebauer, senior enterprise architect, ACORD; and Anthony ODonnell, Executive Editor, Insurance & Technology
A Smarter Insurance Close Up
[ Source: TechWeb ]
June 2009-
Turning data from into information is a challenge for carriers disadvantaged with legacy systems. IBM can help insurers access new sources of data by creating more flexible systems that provide intelligence.
11 Secrets of Business Rules Success
[ Source: FICO ]
May 2009-
Managing business rules gives you control over high volume operational decisions and delivers unprecedented agility. Based on decades of experience developing decision management applications, FICO has developed 11 steps to help you make the most of business rules. These include:
• Picking the right applications. Business rules are a powerful tool for building smarter decisions into your applications but are better suited for some applications than others.
• Following a process. Like ....
Insurance Self Service
[ Source: TechWeb ]
January 2009-
Insurers that are the easiest to do business with by providing robust self-service tools and real-time access will win the loyalty of both agents and consumers.