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Business Trends: Asia-Pacific Insurance Technology Investment Strategies (Customer Focus)
Ovum, Sep 2010, Pages: 5
Introduction
This study examines top business challenges, IT budget outlook, and spending priorities among Asia-Pacific insurance companies. It is based on the results of Ovum's Business Trends primary research survey, conducted between April and June 2010.
Features and benefits
- Comprehensive understanding of business trends and technology investment strategies within the Asia-Pacific insurance sector.
- Gain insight into the IT investment priorities in the Asia-Pacific insurance industry for 2010.
Highlights
- Asia-Pacific insurers' total 2010 IT budgets are shaped for growth and efficiency rather than cost control. Asia-Pacific insurers are expecting larger IT budgets in 2011, or at least not to have to work with a smaller IT budget in 2011. A third of the insurers are not satisfied with their current set of technology providers.
Your key questions answered
- How has the global financial crisis impacted the Asia-Pacific insurance industry's total 2010 IT budget?
- How comfortable are Asia-Pacific insurers about using outsourcing, whether information technology or business process outsourcing?
- How satisfied are Asia-Pacific insurers with the current set of technology vendors they use?
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