TECH BUYER Mar 2022 - IDC Perspective - Doc # US48931422

Insurance on the Cloud: Results from the 2021 CloudPath Survey

By:

Jerry Silva
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,
Karen Augustine
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,
Davide Palanza
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Abstract

This IDC Perspective reviews the findings of IDC's 2021 Worldwide Industry CloudPath Survey, specifically for the insurance industry. Cloud services are an essential component of insurers' business strategy to drive innovation and maintain a competitive advantage in a post-pandemic world where customers demand greater convenience with a more personalized customer experience.

"Cloud is the underlying foundation for a growing digital infrastructure that will help insurers innovate as they incorporate more of their workflows into a variety of cloud environments," says Jerry Silva, program vice president, IDC Financial Insights' Worldwide Digital Transformation Strategies program. "IDC's 2021 Worldwide Industry CloudPath Survey highlights the importance of public and private cloud to insurers that have seen a significant business value in their cloud journey."


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