Article Abstract:
Companies that successfully incorporate state-of-the-art information technology on a consistent basis usually make a conscious effort to target appropriate technologies and then monitor their usefulness, employing staff especially for this purpose. Unfortunately, this process is usually accidental for most companies - the result of one ambitious manager, in one department, identifying a need and then taking a risk. A successful assimilation strategy examines a product's maturity, strategic relevance and success rate.
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Article Abstract:
Insurance companies are realizing the benefits of information technology. A systematic approach toward the assimilation of technology is more effective than an ad hoc approach. Insurance firms can manage assimilation through many techniques, including the use of outside experts, internal technologists and user task forces. The factors to consider when assessing a new technology include the amount of risk involved, the potential benefits and the amount of additional investment required.
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Article Abstract:
Fictional ComtempAmerica's rise to the U.S.'s 10th largest multiline insurance company illustrates that information technology not only plays a large part in its industry-giant status but also places the firm in a position to expect a rosy future. The firm uses the technologies of object-oriented data bases, multimedia, fuzzy logic and neural networks.
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