This ANALYST CONNECTION report, sponsored by Nutanix and featuring insights from IDC Financial Insights' George Briford, explores hybrid cloud opportunities for insurance companies. It highlights insurers' traditional conservatism towards public cloud, yet their growing optimism for hybrid cloud paths, despite lagging other financial services in cloud adoption. The document explains how insurers are adopting a 'mixed-bag approach,' strategically moving certain workloads to the cloud while keeping others on-premises, with hybrid cloud emerging as the preferred future deployment type. It addresses reasons for migration, like access to AI/ML and business analytics, alongside challenges such as ensuring consistent governance, compliance, and cybersecurity skills across multiple environments. T

Join for free to read