New technology is not a magic carpet for an organization to fly into the future. Amazon launched in 1995 as the Earth’s biggest bookstore but fast-forward today and it is a cloud computing leader and of course an e-commerce giant. The Amazon business model is built on asking itself what next? That is why a successful strategy is one where business model innovation has led the way for new technology transition.



What’s business model innovation?

For an organization to profit from… Continue

IT has moved from being tangential to a company’s strategic departments to one that is central. Insurers are looking at the potential value they can leverage by investing in technology that can help them sell more, manage risk better and drive down operation costs by empowering agents to do more in less time.

Market projections show that CIOs are keen to spend up to 3.7% of premiums on technology. Novarica’s Insurer IT Budgets and Projects 2021 released their survey of more than 100 CIOs,… Continue

Innovation is almost always considered in a positive light. What could be more revolutionary than anytime money? The advent of cash dispensers, now known as ATMs, made it possible for people to access cash even out of banking hours, and at the time, the convenience of it was astounding. Banks themselves reaped dividends through a lowering of costs. As… Continue

The term ‘legacy systems’ often conjures up images of bulky on-premise systems and devices that haven’t been in circulation since the early 2000s. That might not be what your current platform resembles - but does that mean your software is truly up-to-date?

A legacy system needs to be defined by the capabilities it provides your organization, not necessarily…

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