Microsoft’s founder, Bill Gates, is a man who doesn’t like to lose. Since leading his company in 1975, Microsoft has experienced its share of losses, only to rise above and conquer most in its path. And Microsoft has battled the best of them, having won against everything from anti-trust suits, to the ongoing salvoes from hackers.
By basically changing software into a money-making enterprise that would ultimately be in demand by all users of personal computers, this is the man who offered the world a new way of communicating and of conducting business.
The company’s operating systems are still considered the most “hackable.” But Gates even turned that problem into an opportunity, as thousands of “blue hats” gather annually to discuss how to best the latest Microsoft operating system, and then feed Microsoft with their findings.
After watching Microsoft’s role in the now infamous downfall of Netscape Communications, one wonders how the company will compete now that Gates is gone—specifically with Google for the personal health records business. Google also should take heed to the quiet release this week of Microsoft’s new search program called MSNBot, which scours the Web to build an index of HTML links and documents. Microsoft promises to make the offering the foundation of its overall PC and services strategies.
And it also has its eyes on the insurance space. The recently released Microsoft Insurance Value Chain (IVC) Software Factory is designed to help carriers jump-start development projects for line-of-business software applications that use common ACORD standards. A set of development tools and assets that use the Microsoft .NET Framework to help insurance firms and software vendors in the integration of existing applications and business logic with ACORD Web services, it’s an extension of the company’s broader IVC Architecture Framework, released in 2006.
And for all the talk about whether “proprietary” truly applies to his software, Gates may have seen the writing on the wall with this one. The IVC Software Factory is hosted on an open source development portal—free to the insurance community.
As analysts and pundits opine about the fact that “it’s not about the OS anymore,” Gates, the man who, since 1975, has had a noticeable penchant for computer code, is laughing all the way to the bank.
Maybe Gates will end up like Michael Jordan … someone unable to resist the temptation to re-enter his playing field—only to return with mediocre results. I hope not. Instead of devoting his time to the information technology business, which will get along fine without him, he'll be working with his wife and their foundation to solve the world's health problems. With an endowment of $37 billion, the Gateses have said they hope to spend down the foundation's resources during their lifetimes. I hope so, too.
Register or login for access to this item and much more
All Digital Insurance content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access