Optimizing IT Effectiveness

IT plays a crucial role within insurance companies, as the amount of information processed is so vast and IT is a key enabler of various business undertakings at insurers.Service OverviewInfosys can help insurers optimize their overall IT operations by taking a holistic view of their key IT functions. With business process analysis and optimization initiatives, IT efforts become streamlined and less costly. Similarly, optimizing the organization helps eliminate waste and results in a top-down, business-driven model that ultimately addresses the prioritized needs of the business and a successful IT function. Eliminating waste within an application portfolio requires exploring many possibilities for optimizing costs and improving application effectiveness.Consolidating IT infrastructure, and its management, can often lead to immediate vendor leverage and long-term cost savings. Most importantly, Infosys can help insurers accomplish all of the above from beginning to end - from the strategic advice through actual implementation and operations, supported by the appropriate business case at each stage of the optimization journey.BenefitsOptimizing the IT effectiveness can result in:

• Rapid and often substantial cost savings
• Improved relationship back to the business
• Increased agility of the IT function
• Increased efficiency through low touch & focus on core steps
• Increased vendor leverage
• Faster development time over time as changes take effect
• More time to focus on value-add activities

Why InfosysInfosys has helped insurers in multiple ways in improving and optimizing their IT effectiveness -- From identifying multi-million dollar annual non-discretionary spend savings for application development and support, to improving process efficiencies for a policy owner call center and commissions payment, to helping a wealth management firm develop a framework to rationalize its diverse portfolio of applications and execution platforms.In an environment where there is greater scrutiny on operational and IT costs, Infosys can improve your competitiveness, help you focus on the right business and technology initiatives, and execute them cost effectively.