Get Flexible

Innovation through service-oriented architecture (SOA) is shaking up the status quo. Many companies are realizing tangible benefits through this new approach to the creation, evolution and management of information technology assets. Insurance companies are embracing SOA to unshackle themselves from...

Full description

Saved in:
Bibliographic Details
Published in:Best's Review 2007-02, Vol.107 (10), p.77
Main Author: Geier, Robert
Format: Article
Language:English
Subjects:
Automation
Brand loyalty
Core competencies
Cost reduction
Credit scoring
Customer services
Efficiency
Information technology
Innovations
Insurance industry
Internet
Legacy systems
Service oriented architecture
Software
Underwriting
Online Access:Get full text
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:Innovation through service-oriented architecture (SOA) is shaking up the status quo. Many companies are realizing tangible benefits through this new approach to the creation, evolution and management of information technology assets. Insurance companies are embracing SOA to unshackle themselves from their legacy infrastructures, to seek sustainable advantage and reduce risk in a rapidly changing business environment. It is about flexibility and cost, said Tony Buschur, vice president information services at Winterthur US Holdings. Service-oriented architecture is an approach to designing, building and deploying information systems from simpler, manageable building blocks called "services". There are five forces driving SOA. These are: 1. technology intensity, 2. market and regulatory intensity, 3. customer and service complexity, 4. external integration intensity, and 5. IT stress.
ISSN:1527-5914
2161-282X