(Anil Annadata is the CEO of CodeObjects.)
While the cost benefits of cloud-delivered software are often written about and widely accepted, it's the additional and new opportunities offered with the cloud—especially the indirect opportunities—that might deliver the greatest benefit to the insurance industry.
After some initial skepticism, the insurance industry is beginning to gain confidence in the cloud as a software delivery method. The cost benefits and quick implementation are just too tempting to ignore. So, as insurers work through their questions about business continuity, scalability, and data security, they are taking notice of the plethora of possibilities offered with cloud implementations.
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