White Paper: digitalML
Large insurance firms are continually looking for latest business opportunities to power their digital transformation, as many existing business lines are flat or declining.
In going digital, the main goal is to allow the insurance company to provide a more streamlined omni-channel customer experience.
This whitepaper discusses about how insurance firms are speeding IT transformation with business-led canonical APIs. Key takeaways from this whitepaper:
By: Software AG
Digital business transformation is based on an IT architecture transformation with a roadmap for digital capability implementation. Based on the software platforms, digital companies create enhanced or totally new business models which offer completely new digital customer experiences. Established companies are building up software know-how and are acquiring software companies to accelerate their digital transformation by injecting software innovation capabilities into their core business areas. This whitepaper helps to understand what makes today’s digital challengers attractive to customers and consumers, as it highlights their core competencies and differentiators based on their digital software-based technology. Key takeaways from this whitepaper: Digital challengers separate companies from their customers Implementing digital capabilities for digital use cases Digital companies have a micro services-oriented, scalable IT architecture
By: Software AG
Digitalization is the road of moving towards digital business and digital transformation, as well as the creation of new digital revenue streams and offerings while doing so. Through digitalization, a company’s digitized resources are transformed into new sources of revenue and operational gains. Businesses need to develop entirely new processes based on modern software architectures in order to compete in the digital world. This whitepaper provides insights on how to successfully transform into a digital business. Key takeaways from this whitepaper: The digitalization of the world and the (un)pleasant consequences Digitalization never stops Five building blocks of Digital Business Platform
What is Technology ?
Technology is the use of scientific knowledge for creating tools, processing actions and extracting of materials whether in industry or in our everyday lives. We apply technology in nearly all things that we do in our lives, we use technology at work, in communication, transportation, making food, extracting and securing information, running an organization and many more tasks, pretty much everywhere. Types of technology include information technology, banking technology, medical technology,
What is Digital Transformation ?
Digital transformation is the noteworthy and accelerating transformation of procedures, activities and foundational components of a business leveraging its operating model to its infrastructure with the application of digital technology across society in a strategic and prioritized way.
What is Insurance ?
Insurance is a way of protecting an individual, community or organizations from financial losses. Insurance is one of the aspects of Risk Management, a discipline which deals with the identification of risks such as financial losses and taking steps to minimize them. The past few decades have seen the emergence of several insurance companies, such as AXA, Allianz, Berkshire Hathaway and Japan Post Holdings, that have been