The Cloudy World Ahead for Insurance IT

Grazed from InsuranceNetworking. Author: Joe McKendrick.

“In the future, enterprises may be as unlikely to stand up their own data centers as build their own power plants.” We’ve been hearing this message for some time – that data center capacity would be delivered in the same manner of electricity, in which companies can plug in and receive their service.

However, it appears that cloud computing has achieved a momentum that is on the verge of making this a reality. Is it time for insurance companies to start gravitating away from the business of managing large data centers to depend on the cloud? In a recent post at InfoWorld, Matt Asay points out that the data center as we’ve known it is moving to the cloud en masse…

“We’re seeing mega-cloud vendors — Amazon Web Services, Google, and Microsoft — drive server costs to lows impossible for any enterprise data center to achieve,” Asay says. “Oh, and they’re doing it while retaining significant margins for themselves — all of which means we may be on the verge of seeing a complete changing of the guard in enterprise IT that will play out over the next decade.”…

Read more from the source @ http://www.insurancenetworking.com/blogs/data-analytics/the-cloudy-world-ahead-for-insurance-it-36669-1.html