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Benefits of Cloud Computing

2 posts

Benefits of cloud computing – Reduced IT costs, Scalability, Business continuity, Collaboration efficiency, Flexibility of work practices, Access.

Cloud computing has been around for approximately two decades and despite the data pointing to the business efficiencies, cost-benefits, and competitive advantages it holds, a large portion of the business community continues to operate without it.

69% of businesses are already using cloud technology in one capacity or another, and 18% say they plan to implement cloud-computing solutions at some point. Companies that invest in big data, cloud, mobility, and security enjoy up to 53% faster revenue growth than their competitors.

An increasing number of tech-savvy businesses and industry leaders are recognizing the many benefits of the cloud-computing trend. But more than that, they are using this technology to more efficiently run their organizations, better serve their customers, and dramatically increase their overall profit margins.

10 Key Benefits of Cloud Computing Technology for Insurance Business

10 Key Benefits of Cloud Computing Technology for Insurance Business

Cloud computing is a term that has gained widespread use over the last few years. With the exponential increase in data use that has accompanied society’s transition into the digital

7 Key Top Benefits of Cloud Computing & Reasons Turning to Cloud Services

Cloud computing technology gives users access to storage, files, software, and servers through their internet-connected devices
FEATURED IN INSURANCE
  • Hurricane Ian Drives Natural Catastrophe Insured Losses to $115 bn
    Hurricane Ian Drives Natural Catastrophe Insured Losses to $115 bn
  • Space and Satellite Insurance
    Space & Satellite Insurance: Risk Covering from Pre-Launch to Operation in Orbit
  • Embedding Cyber Risk in Risk Management: An Insurer’s Perspective
    Embedding Cyber Risk in Risk Management: An Insurer’s Perspective
Insurance & InsurTech NEWS
  • Insurtech Coalition released the framework Active Cyber Risk Model
  • Insurtech Cover Whale announced a partnership with SaaS AI-provider Netradyne
  • Insurtech Joyn Insurance addes of Brian Duperreault to board as an independent director
  • New estimate of the insured loss from Earthquake in Türkiye & Syria by PERILS
  • Insurtech Fuse achieved more than 150 mn insurance policies
  • Moody’s affirms Marsh & McLennan ratings at Baa1
  • Moody’s upgrades NN Insurance Group’s long-term issuer rating to A3

Belgian & Dutch Insurers’ Investments Should be Resilient to Credit Risks

Belgian & Dutch Insurers’ Investments Should be Resilient to Credit Risks

Belgian and Dutch insurers’ conservative investment portfolios should be resilient to rising credit risks amid weakening economic conditions and tightening monetary policy
Most Insurance Companies are Sitting on Significant Losses in Fixed Income

Most Insurance Companies are Sitting on Significant Investment Losses

The increase in interest rates over the last year has been positive for life insurers in Europe, improving both solvency and financial results
US Insurers’ Investments to the Failed Banks are Modest

US Insurers’ Investments to the Failed Banks are Modest

Insurers’ investments to the failed banks (Silicon Valley Bank, Silvergate and Signature Bank) are modest. Fitch-rated insurance entities’ direct investment exposure
Life & Health Insurance Should Focus on Inclusion: Availability, Accessibility, Affordability

Life & Health Inclusive Insurance : Availability, Accessibility, Affordability

No Life & Health (L&H) insurance market is fully inclusive. This is supported by the findings of Swiss Re Institute L&H Insurance Inclusion Radar

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