In
2014, the Indian insurers are expected to spend Rs 117 billion on IT products
and services, up 5% from last year, according to the Gartner. Gartner Inc,
earlier known as Gartner Group, is an American information technology research
and advisory agency providing technology related insight.
As per the report, the expected expenditures are including expenses on internal IT (including personnel), hardware, software, external IT services and telecommunications.
It is expected that the Indian insurance firms will spend about Rs 4.1 billion on mobile devices in 2014, up 35% from 2013.
“Gartner research shows that most Indian insurance CIOs view mobile enablement of applications and services as a very important component of their strategies to improve sales and channel effectiveness,“said Gartner Research Director Mr. Derry Finkeldey.
“This is especially important as insurers compete to reach agents and customers distributed across the country and outside of saturated urban markets,“ he added.
As per the report, the expected expenditures are including expenses on internal IT (including personnel), hardware, software, external IT services and telecommunications.
It is expected that the Indian insurance firms will spend about Rs 4.1 billion on mobile devices in 2014, up 35% from 2013.
“Gartner research shows that most Indian insurance CIOs view mobile enablement of applications and services as a very important component of their strategies to improve sales and channel effectiveness,“said Gartner Research Director Mr. Derry Finkeldey.
“This is especially important as insurers compete to reach agents and customers distributed across the country and outside of saturated urban markets,“ he added.
“This is
especially important as insurers compete to reach agents and customers
distributed across the country and outside of saturated urban markets,“ he
added.
Source: http://www.insuringindia.com
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