If you read forecasts or listen to pundits, it appears that we'll be running 100 percent of everything in the cloud within the next decade. However, not everything can, or should, be moved to the cloud — there are certain applications, tied to certain processes, that need to remain proprietary to the business. This is particularly the case with many core insurance applications, such as policy administration, underwriting systems and fraud detection software, many of which aren't quite ready to be relocated in the cloud — and actually may never go there.
In a recent article at Forbes, Frank Grillo also spelled out the types of applications and systems that likely aren’t candidates for cloud anytime soon, mainly because they are legacy systems heavily tied into business processes or need faster response times than cloud can enable. Such systems include:
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