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Articles by Charles Juniper
IoT in insurance industry: Disruption ahead
Ovum believes that the global insurance industry is entering a distinct phase of disruptive change driven by the Internet of Things (IoT). While the insurance industry has undergone significant technology-driven change in the last 15 years, the basic insurance modus operandi has remained intact.
6 ways that IoT is reshaping today’s insurance proposition
Ovum believes that the global insurance industry is entering a distinct phase of disruptive change driven by the Internet of Things (IoT). While the insurance industry has undergone significant technology-driven change in the last fifteen years, the basic insurance modus operandi has remained the same.
IoT places insurers between a rock and a hard place - Ovum
Ovum’s latest ICT Enterprise Insights study shows that 67% of insurance carriers believe that IoT will have a significant or transformative impact on the insurance industry within 36 months. The insurance industry is already responding, with the majority of carriers dedicating significant resources to understanding what IoT will mean to their organization.
Digital projects require an evolved PPM capability to improve alignment - Ovum
As a discipline, project portfolio management (PPM) has been relatively slow to mature, often seen as the remit of the IT function rather than a truly enterprise-level practice. And it is not yet an end-to-end process, with organizations applying some elements, such as portfolio planning and resource management, but with few using PPM to track and manage initiatives through from inception to retirement. Those that are able to do so derive significant benefit from it.
Insurance industry growth to fuel IT investment in 2016
Insurance industry growth to fuel IT investment in 2016 As premium growth in most markets returned to positive growth during 2015, many insurers have some confidence to seek ways in which they can use IT to grow their business, according to a new report* from global analyst firm Ovum. This confidence however is against a backdrop of accelerating demographic and customer change, which is likely to be another key driver of investment.
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