Cloud computing

The worldwide private and public cloud market grew by nine percent in 2016, as organizations increased spending on servers and networking equipment.

Data visualization, dashboards, data integration and data quality are among the features cited as most critical by firms.

By 2020, 90% of organizations will adopt a data environment that has both cloud and on-premise computing services.

The tech giant said it is enabling third parties to create financial services apps in the cloud.

The insurer will move to a cloud-based platform after entering a multi-year services agreement.

A new initiative called Healthcare NExT will combine work from existing industry players and Microsoft's Research and AI units.

With the move, the trucking and specialty transportation insurer modernizes its policy administration infrastructure.

According to the latest data from Venture Scanner, overall InsurTech venture funding grew at an annual clip of 31% from 2011 to 2017.

Embracing the cloud will make the transition to digital processes less painful.

The insurer selects Duck Creek's cloud for core software to replace its legacy policy, billing and claims systems.