Insurer information technology spending for data mastery projects is expected to stay the same, if not increase in the coming year, according to a report by Boston-based researcher Celent.
The study–"Insurance Data Mastery Strategies"–provides an overview of the structures, technologies and uses of data mastery within the insurance industry, as well as some best practices and guidelines.
The report notes that while the focus of data mastery investment may change to reflect an altered market, the percentage of IT budgets spent on data mastery projects should not drop and may rise.
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