3 potential impacts of insurance cloud migration
Insurers are embracing the benefits of cloud – elasticity, increased stability, and rapid deployment, to name a few – and over 70% of carriers use some cloud today.
Even so, the transition to cloud inevitably changes an organization’s daily business. As carriers ready their organizations for a cloud-enabled future, they’ll need to consider the potential impact of cloud migration across a few areas:
- Human Considerations. The shift to cloud infrastructure will require CIOs to develop alliances across the enterprise and to build trust within the IT organization.
Carriers will likely support a hybrid mix of cloud and on-premise applications in the near-term as they prepare their organizations for future cloud adoption. Like any new technology, cloud migration presents challenges, but each step towards a mature cloud practice will mean improvements to speed, flexibility, and capacity.
For more on best practices for insurers looking to migrate their infrastructure and applications to the cloud, see Novarica’s latest brief, Cloud Migration Strategy: Key Issues and Best Practices.