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Insurance in a Cloud-based World Randy Skopecek Migration & Lessons Learned BJ Gardner Research, Assessment.

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Presentation on theme: "Insurance in a Cloud-based World Randy Skopecek Migration & Lessons Learned BJ Gardner Research, Assessment."— Presentation transcript:

1 Insurance in a Cloud-based World Randy Skopecek rskopecek@ilmgroup.com Migration & Lessons Learned BJ Gardner bgardner@plmins.com Research, Assessment & Solutions

2 Insurance in a Cloud-based World Cloudy with a chance of progress Internal DIY Regional Vendor Global Vendor

3 Insurance in a Cloud-based World Show me the $$$ Annual CostIncr ImprovementOverall Improvement Traditional $ 464,560 $ -0% $ -0% Regional $ 237,718 $ 226,84249% $ 226,84249% Global $ 197,616 $ 40,10217% $ 266,94457% Global- PR $ 118,632 $ 78,98440% $ 345,92874%

4 Insurance in a Cloud-based World Goals - Things to consider Reduced contractual garbage Lights-out policy DC in a suitcase Shared premium expertise Vendor & solution diversity w/ PaaS & SaaS

5 Insurance in a Cloud-based World Vendors - Things to consider Use Gartner report Innovative & regularly progressing Publicly available pricing CC benefits <= Hourly pricing Tight feedback loop Offset choice compromise w/ migration cost

6 Insurance in a Cloud-based World Title of Slide

7 Insurance in a Cloud-based World Cloudy Definition Clearing the view through the clouds!  Define - Compute capabilities delivered over a service! Not a product.  What services makes sense to move to cloud?  Know why you want to move to the cloud. Business Decision NOT IT  OPEX vs CAPEX  Technology refresh  New services for customers and/or users  Business Strategy Technology Strategy Cloud Strategy Plan Prioritize Identify Implement AssessmentsMetrics Resources (physical) Migration

8 Insurance in a Cloud-based World Risk and Reward Balancing Risk and Reward Risks Performance Cloud & Legacy Systems Internal expertise New budgeting structure for costs Reward Self Service Elastic/Agile Burstable Rapid deployment New customer/user features

9 Insurance in a Cloud-based World Concerns - SPILL *CDW provided info deck Security - Is my data secure (in transit and at rest) and who has access to it in the cloud? Performance - Can my users get LAN speed in the Cloud? - Will latency cause issues with my applications? Integration - Can the cloud integrate into my legacy applications and systems? Legal - Will the cloud satisfy regional & global compliance? Loss of control

10 Insurance in a Cloud-based World Assessments Cloud Readiness Assessments  Physical/Virtual  Provisioned resources  Applications installed  Capacity  Application  Interdependence  Database systems? Cloud friendly?  Network – port count, endpoint connections  Interoperability  Communication WAN

11 Insurance in a Cloud-based World What will your story be?  IaaS – Infrastructure as a Service  SaaS – Software as a Service  Co-Location Services  Private Cloud Journey tothe Cloud  PaaS – Platform as a Service  Hybrid Cloud  Mix ?

12 Insurance in a Cloud-based World Head in the cloud NOT in the sand?


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