Cloud computing

The landscape shifts with which the insurance industry is currently contending include new developments in both technology and consumer behavior.

Whether it is public, private or a hybrid mix, cloud adoption is now widespread, but most organizations still lack a formal strategy around data migration and management in the cloud.

A high percentage of organizations identify enabling technologies as critical for driving business strategy for the remainder of 2018.

The transition to cloud inevitably changes an organization’s daily business.

IBM agreed to acquire software maker Red Hat Inc. in a $33.4 billion bet on jump-starting its efforts to catch up in the cloud.

Digital innovation will soon outpace the ability of many organizations to keep up, and have dramatic impacts on artificial intelligence and related skills, cultural advancement and processes becoming products, says Gartner.

As one of three SVPs of State Farm’s IT capability departments, Pettit presides over the platforms that power digital innovations and advancements for the carrier.

Cloud adoption is growing for virtualized workloads, with a majority of organizations running or planning to run virtual machines in the cloud this year.

Culture matters in making a shift to digital, says Dr. Balaji Krishnamurthy, who was cited by TIME magazine as one of 25 key Global Business Influencers.

Robotic process automation is helping the company reduce employees' workloads of mundane and repetitive manual tasks.

The Canadian P&C insurer is using the service to support a sophisticated, data-driven pricing model.

Worldwide, the IaaS market surged 29.5 percent in 2017.

Investments in cloud computing continue to grow at a strong pace, according to a new report from Forrester Research.

An on-premise deployment of a new core systems suite proved unable to handle data needs, so the carrier switch gears quickly.

More than 90 percent of organizations now have some percentage of their systems and applications invested in cloud computing, says CompTIA's Seth Robinson.

Moving applications from legacy systems to digital ones takes more than simply swapping underlying hardware or adopting cloud.

Relying on a cloud vendor to protect digital assets isn't enough. Firms need an enhanced strategy that involves all employees in the effort.

While carriers may not be able to replicate the exact science, they should understand that organizational and cultural shifts can both attract the right talent and encourage the emergence of internal ideas.

Half of the organizations surveyed said existing tools aren’t effective in the cloud and an overabundance of tools makes it almost impossible to prioritize IT and security investments.

Emerging or re-emerging hot technologies are helping to drive much of the increased spending on enterprise software, which is projected to rise by 11.1 percent in 2018.