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The Bottom Line: Cloud Has Become Essential

Many organizations continue to think about innovation as an all-or-nothing proposition, characterized by initiatives that extend multiple years, cost tens of millions of dollars, and introduce an inordinate amount of risk that can outweigh the benefits of the investment. However, modern solutions, especially those that are cloud-based, support an iterative approach to innovation that delivers rapid and visible results, and enables organizations to build on these early wins.

Faster innovation, better member engagements, better data analytics, lower risk, and reduced costs—these are all huge value drivers of cloud. Faster innovation enables businesses to scale and launch new products in real time. Innovation shortens upgrade cycles and offers faster data processing. And with reduced IT and maintenance costs, health insurance employees have more time to be productive.

Slowly but surely, businesses are discovering they do not need to put up with the inefficiencies of yesterday’s legacy infrastructure. Innovation is taking a front seat, providing freedom from the burden of on-premise systems. Cloud computing has become the essential foundation of digital transformation.

Read the ebook, “Shaping the Foundation for Moving to Cloud,” to learn how health insurers can gain speed and spend less by implementing an integrated solution that can adapt quickly to the market.

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