The ASP OptionOutsourcing IT projects to application service providers is one waythat insurance companies are reducing their technology expenses. In thisissue's cover story, two technology firms-HNC Insurance Solutions Inc. andAlta Analytics-recently began offering their fraud detection software on anoutsourcing basis.
An application service provider enables a company to use the latesttechnology without the cost of implementing new systems. For that reason,experts say that small and midsize companies are the most likely toconsider the ASP option.
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