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Industry IT spending profile 2007 : insurance

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Section: Electronic documents
Title: Industry IT spending profile 2007 : insurance / Marc Cecere with Andrew Bartels and Bo BelangerAuthor: Cecere, Marc
Publication: Cambridge : Forrester Research, Inc., 2007Physical description: 16 p. : grafSeries: (Trends)Notes: Sumario: With the 2007 business environment for North American insurance carriers looking relatively good for the second year in a row, insurance carriers have become slightly more generous in their IT spending. We anticipate that IT spending in 2007 in the insurance industry will increase by 7%, compared with 5% growth in 2006. The highest priority will be efficiency, and the second highest, innovation. The initiatives to support these priorities are utility-oriented projects such as infrastructure consolidation and disaster recovery. However, competitive pressures and technology-enabled opportunities will drive the need for innovation in Internet and mobile applications as well as the replacement of legacy applications. Underpinning these changes will continue to be a drive toward service-oriented architecture (SOA) for internal integration of systems, usage of services firms for transformation, and greater focus on process standardization.Materia / lugar / evento: Mercado de seguros Estadísticas Competitividad Innovación Nuevas tecnologías Estrategia empresarial Estados Unidos Otros autores: Bartels, Andrew
Belanger, Bo
Forrester
Secondary series: Trends Other categories: 216