SAP and SAP Fioneer Roll Out New Vertical Solutions to Help 6,500+ Insurance Customers Transform
At the confluence of digital transformation, pandemic-prompted
innovation, and the explosion of industry-specific cloud offerings
sits SAP Fioneer, a “special partnership” build on SAP's
technology. On the heels of its fifth birthday and the announcement
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The Big Themes:
Big announcements at recent flagship event in Amsterdam: Toni
and Mitch talk about the new "vertical product strategy" SAP
Fioneer unveiled at its Financial Services Forum, including three
new platforms for banking and insurance customers.
Trends in the larger insurance industry: At their recent
mega-event, the SAP and SAP Fioneer teams gained a ton of insight
into what is top-of-mind for banking and insurance customers in
this time of massive change.
What's next: With recent technological advances—including the
cloud, AI, IoT, 5G, and more—insurance is moving towards a focus
on the individual, a shift that has the potential to dramatically
change how consumers engage with insurers' products.
The Big Quote: "We announced our platform strategy from an SAP
Fioneer perspective... Over time, what you're going to see is
specific vertical solutions deployed within each one of these
three different platforms from us." - Mitch Bouchard
This episode is brought to you by BMC Software.
Visit Cloud Wars for more.
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