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Insurance on the Cloud: Results from the 2021 CloudPath Survey

Publisher IDC
Published Mar 25, 2022
Length 11 Pages
SKU # IDC17050657

Description

Insurance on the Cloud: Results from the 2021 CloudPath Survey

This IDC Perspective reviews the findings of IDC's 2021 Worldwide Industry CloudPath Survey, specifically for the insurance industry. Cloud services are an essential component of insurers' business strategy to drive innovation and maintain a competitive advantage in a post-pandemic world where customers demand greater convenience with a more personalized customer experience."Cloud is the underlying foundation for a growing digital infrastructure that will help insurers innovate as they incorporate more of their workflows into a variety of cloud environments," says Jerry Silva, program vice president, IDC Financial Insights' Worldwide Digital Transformation Strategies program. "IDC's 2021 Worldwide Industry CloudPath Survey highlights the importance of public and private cloud to insurers that have seen a significant business value in their cloud journey."

Please Note: Extended description available upon request.

Table of Contents

11 Pages
Executive Snapshot
Situation Overview
Cloud Is Gaining Share of Insurers' IT Budgets
Public and Private Cloud Are Now Essential for Insurance Strategy
Top Triggers for Cloud Deployment
Key Challenges to Cloud Adoption
Actual Benefits of Cloud Adoption
Advice for the Technology Buyer
Develop an Enterprise Cloud Strategy with Digital Infrastructure Management
Partner with Providers That Have Deep Insurance Experience
Learn More
Related Research
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