SAPIENS, IBM AND MILLBROOK PARTNER ON BI
Sapiens Americas Corp., a subsidiary of London-based Sapiens International Corp. N.V. and IBM, Armonk, N.Y., will partner with Millbrook Inc., Exton, Pa., to provide a new on-demand business intelligence solution-Sapiens INSIGHT for Business Intelligence (BI)-hosted by IBM and powered by IBM Cognos 8 Business Intelligence utilizing Millbrook P&C data model.
Small- and medium-size P&C insurers can now access enterprise-class BI solutions similar to those of larger carriers, using a delivery method and at a price-point that better suits their needs. Sapiens INSIGHT for Business Intelligence combines Millbrook's data model, which is based on more than 15 years of experience in providing P&C-specific BI solutions, with a rich array of dashboards, key performance indicators, predictive analytics, alerts, visualizations, decision support, and a library of standard and ad-hoc reports, the company says.
LARGE ENTERPRISES NOT CONFIDENT IN DATA NETWORKS
A study of senior IT professionals at 150 North American and European large enterprises-including insurance companies-by Ovum, Boston, revealed that fewer than 50% rate their tools "good" in maintaining high performance of applications on their corporate networks.
The research, commissioned by Ipanema Technology, a Waltham, Mass.-based developer of network application traffic management solutions, showed the highest satisfaction of network performance tools is with business software applications (45%), followed by voice applications (39%) and video conferencing (31%).
(c) 2008 Insurance Networking News and SourceMedia, Inc. All Rights Reserved.
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