Ethias – Digital Transformation Strategies
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Ethias Digital Transformation Strategies Report Overview
Ethias is tapping into key disruptive technologies including AI/machine learning (ML), big data, cloud, data analytics, insurtech, and data centers to digitally transform its operations. The annual ICT spending of Ethias was estimated at $ 139.8 million for 2022. A major share of this spending is earmarked for acquiring software, hardware, and ICT services from vendors.
Ethias provides life and non-life insurance products to individuals, public sector entities, and corporate companies. Its non-life insurance portfolio includes car insurance, home insurance, assistance, health care coverage, travel cancellation insurance, machine breakage insurance, all-risk insurance, guaranteed income insurance, hospitalization insurance, accident insurance, work accident insurance, and coverage for civil liability. Its public sector clients include the federal state, local public authorities, regions and communities, public companies, hospitals, schools, semi-public bodies, and public interest organizations. Its subsidiaries include Ethias Services, the NRB group, and IMA Benelux.
The Ethias Digital Transformation Strategies report will act as a reference point to understand a company/competitor’s digital strategy. It will also help in understanding the digital preparedness of the company against its peers. Information included in these reports are sourced from a mix of our very own internal database and authentic secondary research links such as company’s annual report, presentations, press releases etc. The report covers overview of the company, its digital transformation strategies; accelerators, incubators, & innovation programs; technology focus areas; technology partnerships; technology introductions; investments; acquisitions and ICT spending among others.
Digital Transformation Strategies
Ethias has automated select operations in claims processing, including fraud detection and document processing, with AI-powered solutions. The insurance company deployed Shift Technology’s AI-based Force fraud detection solution, which quickly identifies suspicious claims and rejects them.
To gain more insights on digital transformation strategies and initiatives of Ethias, download a free report sample
Ethias Technology Theme Focus
Ethias is strengthening its focus on the use of key disruptive technologies including AI/machine learning (ML), big data, cloud, data analytics, insurtech, and data centers to enhance its operations and quickly launch digital insurance products.
Ethias Technology Focus
To know about other technology themes under focus for the company, download a free report sample
Ethias Technology Initiatives
Ethias has been involved in several strategic technology partnerships and collaborations, technology roll outs, technology investments and acquisitions over the past few years. For instance, in 2021, the company chose WhereScape, a US-based software company which helps companies quickly deploy data infrastructure, for executing its data warehouse modernization project.
For more insights on other technology initiatives of Ethias, download a free report sample
Ethias ICT Spend by Function
- Data center
- Communications
- Network
- Applications
- End-user computing
- Management
- ICT Service desk
Ethias ICT Spend by Function
For more insights on ICT spending by function, download a free report sample
Ethias ICT Spend by Channel
- Internal development and maintenance
- Technology vendors (direct)
- Local resellers
- Telcos
- ICT services providers/consulting firms
- Specialist outsourcers
- Systems integrators
Ethias ICT Spend by Channel
For more insights on ICT spending by channel, download a free report sample
Ethias External ICT Spend by Segment
- Software (including Cloud SaaS)
- Hardware (including Cloud IaaS)
- ICT services
- Consulting
- Network and communications
- Others
Ethias External ICT Spend by Segment
For more insights on external ICT spending by segment, download a free report sample
Ethias Digital Transformation Strategies Overview
Total ICT Spending 2022 | $139.8 million |
ICT Spend by Function | Data center, Communications, Network, Application, End-User computing, Management, and Service desk |
ICT Spend by Channel | Internal development and maintenance, Technology vendors (direct), Local resellers, Telcos, ICT services providers/consulting firms, Specialist outsourcers, and Systems integrators |
External ICT Spend by Segment | Software (including cloud SaaS), Hardware (including cloud IaaS), ICT services, Consulting, Network and communications, and Others |
Technology Theme Focus | AI/machine learning (ML), big data, cloud, data analytics, insurtech, and data centers. |
This report provides:
- Insight into Ethias’ technology activities.
- Insights of its accelerators, incubators, and other innovation programs.
- Overview of technology initiatives covering partnerships, technology introductions, investments, and acquisitions.
- Insights on each technology initiative including technology theme, objective, and benefits.
- Details of estimated ICT budgets.
Reasons to Buy
- Gain insights into Ethias’ technology operations.
- Gain insights into its technology strategies and innovation initiatives.
- Gain insights into its technology themes under focus.
- Gain insights into its various partnerships, technology introductions, investments and acquisitions.
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Table of Contents
Frequently asked questions
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What was the total ICT spending of Ethias in 2022?
The annual ICT spending of Ethias was estimated at $139.8 million in 2022.
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What are the key ICT spending categories by function for Ethias?
The key ICT spending categories by function for Ethias are communications, data center, network, applications, end-user computing, ICT service desk, and management.
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What are the key ICT spending categories by channel for Ethias?
The key ICT spending categories by channel for Ethias are internal development and maintenance, technology vendors (direct), local resellers, telcos, ICT services providers/consulting firms, specialist outsourcers, and systems integrators.
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What are the key external ICT spending categories by segment for Ethias?
The key external ICT spending categories by segment for Ethias are ICT services, software (including cloud SaaS), hardware (including cloud IaaS), ICT services, network and communications, consulting, and others.
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What are the key technology themes in focus for Ethias?
The key technological theme in focus for Ethias are AI/machine learning (ML), big data, cloud, data analytics, insurtech, and data centers.
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