A review of big data options and a benchmarking analysis helped a global insurance company rethink its IT strategy.
Opportunity
The internal IT entity of a global insurance company proposed designing a big data service but wanted to understand whether that was the best solution, given that it had the option of tapping public big data services.
Imagining IT Differently
ISG shared what service providers are doing in this field, including external service providers and internal captive entities. Then ISG conducted a benchmarking analysis, mapping the proposed design with public big data services. After examining where the potential savings could occur, the client made modifications, adjusted prices and changed its basic use of big data platforms.
Future Made Possible
- The solution held the potential for 10 percent savings in the coming year or two.
- ISG educated the client, who could then review options knowledgeably and make choices that fit best.
- The client had enough information to rethink its big data strategy to absorb future volume and uses.
