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Services of interest
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Arthur D. Little

Arthur D. Little has been at the forefront of innovation since 1886. We are an acknowledged thought leader in linking strategy, innovation and transformation in technology-intensive and converging industries. We enable our clients to build innovation capabilities and transform their organizations. ADL is present in the most important business centers around the world. We are proud to serve most of the Fortune 1000 companies, in addition to other leading firms and public sector organizations. For further information, please visit www.adlittle.com

Library: Capgemini Report: Guidewire Cloud Migration – Transitioning your core platform efficiently

The Capgemini report examines how insurance companies can efficiently transition their core IT systems to the Guidewire cloud platform to meet rising customer demands in a rapidly evolving industry. Adopting a cloud migration factory approach facilitates a smooth and rapid shift that unlocks innovation and efficiency.

Key Takeaways:

  • Industry pressures require digital modernization – Between climate change impacts, evolving consumer expectations for digital experiences, insurtech disruption and other trends, insurers face permanent shifts requiring flexible, responsive core systems.
  • Transition to a modern cloud platform – To withstand volatility and perform with agility, insurers need to upgrade legacy core software infrastructure to SaaS solutions like Guidewire Cloud that reduce costs and complexity while increasing capabilities.
  • Cloud migration factory enables efficient transition – Standardizing and industrializing processes through a factory model allows insurers to implement Guidewire Cloud quickly, predictably and successfully by optimizing resources and reducing testing needs.
  • Key considerations for maximizing cloud value – When migrating, insurers should focus on enabling future technical capabilities aligned to business strategy, managing organizational change implications, and adjusting operating models to leverage the cloud.

Summary Conclusion:

In conclusion, external pressures and the future demands of insurance make transitioning core systems to the cloud essential, and a cloud migration factory approach can empower insurers to do this rapidly and effectively.

See the full report for more…

Link to Full Article:: click here

Please note the TDI editorial team uses AI to support the creation of this summary, but all content is reviewed and edited before publication.

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