Open Source Development

Optimizing the solution building and delivery expenses, we have adapted open source first strategy.  Our first solutions proposal to our clients shall always be based on open source technology components such as Linux, Bash, MySQL, Python, PHP, PERL, Java so on and so forth. There are framework level experts with us in some of the widely used open source platforms for data science, business solutions, process automation solutions etc. We even help clients and partners in selecting and deciding on the right open source technology and frameworks for their specific needs, and define a solution development roadmap.

This competitive business environment creates unique challenges for insurance companies in terms of employee productivity, organizational responsiveness, regulatory pressures, talent management and cost control. Using standard open source development solutions insurers have responded very well to automated business processes. However, while this issue has been addressed by insurance IT solutions teams, the inherent need to capture the value-creating knowledge inputs has not been served well using the same platform.

Insurers now understand that IT trends such as open source can be used well to deliver solutions that bring out the knowledge of its workforce effectively and helps deliver business insights that turn it into competitive advantage.

There are four key strategies that are finding favor with forward-thinking insurance companies utilizing Open Source Development Platform:

• Focus on operational efficiency and expense control across the value chain, driving for leverage across silos
• Scale to capture increased demand for select products and support diversified geographic footprint
• Expand distribution channels, while maintaining excellence in customer service
• Removing paper and automating Claims Management support to reduce cost and settlement timeframes within the claims life cycle