The insurer says IBM will help it build a unified claims-processing center and more self-service systems for customers.
While more and more businesses are turning over IT work to contractors, at least one high-profile CIO says he'd prefer to keep the bulk of his technology development in-house. "We have no intention of abdicating critical functions," says Wei-Tih Cheng, CIO and senior VP at Aetna Inc.
The insurance company said Thursday that it has tapped IBM to help streamline its IT operations under a five-year consulting deal. Rather than turn over Aetna's technology operations to IBM's vast outsourcing unit, Cheng is bringing IBM consultants to Aetna. "We want to leverage IBM's skills and knowledge to help our own people," he says.
Sources familiar with the agreement say it's worth a total of about $200 million.
Among other things, IBM will help Aetna build a unified claims-processing system that will reduce the time and effort needed to pay an insurance claim. IBM also will help Aetna build more self-service systems for its customers. "We want to take a leadership position in creating consumer-directed health plans; IT is what's going to allow us to create and administer those plans," Cheng says.
IBM will dispatch about 300 staffers from its business-consulting unit to work alongside Aetna's IT staff.
How Enterprises Are Attacking the IT Security EnterpriseTo learn more about what organizations are doing to tackle attacks and threats we surveyed a group of 300 IT and infosec professionals to find out what their biggest IT security challenges are and what they're doing to defend against today's threats. Download the report to see what they're saying.
IT Strategies to Conquer the CloudChances are your organization is adopting cloud computing in one way or another -- or in multiple ways. Understanding the skills you need and how cloud affects IT operations and networking will help you adapt.