5 Decisions impacting ‘Data on Cloud’ strategy for insurers

Insurance companies are doubling down on their data, analytics and A.I investments to be ready to compete in a ‘Post-Covid’ digital economy. In the last couple of years, multiple cloud-based technology platforms have emerged and Insurers are actively exploring ways to take advantage of this technology ecosystem. It is not an easy decision as technology is rapidly evolving and there are many strategic questions to ponder - · How do you ensure that you have an ability to pivot in future in response to evolving technology and business needs ? · Should you redefine your data model or continue with the same ? · What should be your data integration strategy? · What kind of A.I/ML capabilities you need to provide ? · How do you provide a self-service data visualization augmented by A.I ? I have explored these aspects in my ‘Point of View’ article - 5 Decisions impacting ‘Data on Cloud’ strategy for insurers - https://www.lntinfotech.com/wp-content/uploads/2020/10/POV-5-Decisions-Impacting-Data-on-Cloud-Strategy-of-Insurance-Enterprise.pdf?pdf=download