New Release | Ict Investment Trends in Insurance Industry : Enterprise Ict Spending Patterns Through to the End of 2016

Researchmoz added Most up-to-date research on "ICT investment trends in insurance :Enterprise ICT spending patterns through to the end of 2016" to its huge collection of research reports.

Rising margin pressures have compelled insurers to enhance their customer service and devise new strategies to survive in the dynamic insurance market. Insurers are investing in various ICT segments to maintain their foothold in an increasingly challenging business environment. Insurers are using ICT to streamline their operations, achieve agility and quality of services, and increase their overall productivity.

Key Findings

While insurers consider hardware investments to be a vital component of their strategy to improve sales and channel effectiveness, they are also investing in various software solutions to enable growth and effectively support their business operations & risk management.

Insurers are using mobility to transform their working environments, improve their productivity, drive growth, and increase their profits.

Meanwhile, customer channels and marketing systems rule the investment priorities of insurers in 2015.

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Synopsis

ICT investment trends in insurance presents the findings from a survey of 112 insurers regarding their Information & Communications Technology (ICT) investment trends. The survey investigates how insurers currently allocate their ICT budgets across the core areas of enterprise ICT expenditure: hardware, software, IT services, communications, and consulting.

The report illustrates the core technologies insurers are investing in, including enterprise applications, mobility, and cloud computing. Understand the approach adopted by insurance companies to purchase technology and get a better insight into ICT vendors and services providers when pitching their solutions to insurers. The report focuses on insurers ICT expenditure trends for...