Celent Projects Growth in IT Spending
NU Online News Service, Feb. 17, 11 :37 a.m.EDT?New York-based Celent Communications predicts thatU.S. insurers will spend $28.8 billion on information technology(IT) in 2005?a figure that it says will grow to $42 billion in2010.
Celent said its newest insurance reports, "U.S. L/H Insurer ITSpending 2005?2010" and "U.S. P-C [property-casualty] Insurer ITSpending 2005?2010," project modest growth over the next fiveyears. The reports break projected spending down among maintenanceand new projects, hardware, software, staff, and a number ofdifferent functional areas.
Continue Reading for Free
Register and gain access to:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.