Cloud Integration in Insurance and Retail: Bridging Traditional Systems with Modern Solutions
Keywords:
cloud integration, insurance industryAbstract
Examined also are insurance and retail cloud integration from past to contemporary systems. Studies reveal for many businesses that cloud technologies boost scalability, flexibility, and cost economy of scale.
Through monolithic design and hardware, conventional insurance systems limit scalability and adaptability. Integration of clouds enables businesses to boost infrastructure to meet demand. Launched rapidly, new goods and services let the sector satisfy consumer expectations and adapt to changing circumstances. Advanced analytics and artificial intelligence made possible by cloud technology assist underwriting, risk assessment, claim processing to improve. Case examples showing these benefits abound from leading insurance firms using cloud computing.
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