Synopsis
This report illustrates how Kable Market Research expects the top ICT spenders in the US Insurance Industry to allocate their ICT budgets across the core areas of enterprise ICT spend, namely hardware, software, IT services, communications and consulting.
Scope
Identify the top ICT spenders in the US Insurance Industry.
Gain a view as to how each top spender in the US Insurance Industry allocates its ICT by IT function.
Get a detailed breakdown of estimated budget allocation of top spenders in the US Insurance Industry within each of the core areas of ICT spend (hardware, software, IT Services, telecommunications & consulting).
Summary
Why was the report written?
This report presents the output from Kable Market Research’s ICT spend prediction statistical model, a log-linear regression model that provides ICT spending predictions based on a company’s demographic profile. The statistical model has been developed using an extensive collection of survey and interview data Kable Market Research has conducted with ICT decision makers on their ICT spending, as well as the insight of our analyst team.
What makes this report unique and essential to read?
The predictions were formulated in November 2012 following a large survey of ICT decision makers. Estimated trends in ICT spending have been identified through to the end of 2013 following feedback from respondents on their forthcoming investment plans.
Reasons To Buy
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Table of Contents
1 Top-level ICT budget breakdowns
1.1 Introduction
2 Top ICT spenders
3 Prudential Financial
3.1 Estimated ICT budget breakdown by function
3.2 Estimated external ICT budget allocation by core technology area
3.3 Detailed ICT budget allocations
3.3.1 Estimated hardware budget breakdown
3.3.2 Estimated software budget breakdown by technology
3.3.3 Estimated software budget breakdown by type
3.3.4 Estimated IT services budget breakdown
3.3.5 Estimated IT consulting services budget breakdown
3.3.6 Estimated telecommunications budget breakdown
4 MetLife
4.1 Estimated ICT budget breakdown by function
4.2 Estimated external ICT budget allocation by core technology area
4.3 Detailed ICT budget allocations
4.3.1 Estimated hardware budget breakdown
4.3.2 Estimated software budget breakdown by technology
4.3.3 Estimated software budget breakdown by type
4.3.4 Estimated IT services budget breakdown
4.3.5 Estimated IT consulting services budget breakdown
4.3.6 Estimated telecommunications budget breakdown
5 AIG
5.1 Estimated ICT budget breakdown by function
5.2 Estimated external ICT budget allocation by core technology area
5.3 Detailed ICT budget allocations
5.3.1 Estimated hardware budget breakdown
5.3.2 Estimated software budget breakdown by technology
5.3.3 Estimated software budget breakdown by type
5.3.4 Estimated IT services budget breakdown
5.3.5 Estimated IT consulting services budget breakdown
5.3.6 Estimated telecommunications budget breakdown
6 WellPoint
6.1 Estimated ICT budget breakdown by function
6.2 Estimated external ICT budget allocation by core technology area
6.3 Detailed ICT budget allocations
6.3.1 Estimated hardware budget breakdown
6.3.2 Estimated software budget breakdown by technology
6.3.3 Estimated software budget breakdown by type
6.3.4 Estimated IT services budget breakdown
6.3.5 Estimated IT consulting services budget breakdown
6.3.6 Estimated telecommunications budget breakdown
7 Liberty Mutual Insurance Group
7.1 Estimated ICT budget breakdown by function
7.2 Estimated external ICT budget allocation by core technology area
7.3 Detailed ICT budget allocations
7.3.1 Estimated hardware budget breakdown
7.3.2 Estimated software budget breakdown by technology
7.3.3 Estimated software budget breakdown by type
7.3.4 Estimated IT services budget breakdown
7.3.5 Estimated IT consulting services budget breakdown
7.3.6 Estimated telecommunications budget breakdown
8 Atena
8.1 Estimated ICT budget breakdown by function
8.2 Estimated external ICT budget allocation by core technology area
8.3 Detailed ICT budget allocations
8.3.1 Estimated hardware budget breakdown
8.3.2 Estimated software budget breakdown by technology
8.3.3 Estimated software budget breakdown by type
8.3.4 Estimated IT services budget breakdown
8.3.5 Estimated IT consulting services budget breakdown
8.3.6 Estimated telecommunications budget breakdown
9 Allstate Corporation
9.1 Estimated ICT budget breakdown by function
9.2 Estimated external ICT budget allocation by core technology area
9.3 Detailed ICT budget allocations
9.3.1 Estimated hardware budget breakdown
9.3.2 Estimated software budget breakdown by technology
9.3.3 Estimated software budget breakdown by type
9.3.4 Estimated IT services budget breakdown
9.3.5 Estimated IT consulting services budget breakdown
9.3.6 Estimated telecommunications budget breakdown
10 State Farm Mutual Automobile Insurance
10.1 Estimated ICT budget breakdown by function
10.2 Estimated external ICT budget allocation by core technology area
10.3 Detailed ICT budget allocations
10.3.1 Estimated hardware budget breakdown
10.3.2 Estimated software budget breakdown by technology
10.3.3 Estimated software budget breakdown by type
10.3.4 Estimated IT services budget breakdown
10.3.5 Estimated IT consulting services budget breakdown
10.3.6 Estimated telecommunications budget breakdown
11 MassMutual Insurance
11.1 Estimated ICT budget breakdown by function
11.2 Estimated external ICT budget allocation by core technology area
11.3 Detailed ICT budget allocations
11.3.1 Estimated hardware budget breakdown
11.3.2 Estimated software budget breakdown by technology
11.3.3 Estimated software budget breakdown by type
11.3.4 Estimated IT services budget breakdown
11.3.5 Estimated IT consulting services budget breakdown
11.3.6 Estimated telecommunications budget breakdown
12 Hartford Financial Services
12.1 Estimated ICT budget breakdown by function
12.2 Estimated external ICT budget allocation by core technology area
12.3 Detailed ICT budget allocations
12.3.1 Estimated hardware budget breakdown
12.3.2 Estimated software budget breakdown by technology
12.3.3 Estimated software budget breakdown by type
12.3.4 Estimated IT services budget breakdown
12.3.5 Estimated IT consulting services budget breakdown
12.3.6 Estimated telecommunications budget breakdown
13 Appendix
13.1 Definitions
13.2 Further reading
13.3 Contact the authors
List Of Tables
Table 1: Top ICT spenders in the US insurance industry
Table 2: Prudential Financial will spend an estimated $371m on its data centre
Table 3: Prudential Financial will spend an estimated $356m on hardware
Table 4: Prudential Financial will spend an estimated $58m on clients
Table 5: Prudential Financial will spend an estimated $63m on enterprise applications
Table 6: Prudential Financial will spend an estimated $109m on software vendors’ support costs/maintenance
Table 7: Prudential Financial will spend an estimated $63m on application development & integration
Table 8: Prudential Financial will spend an estimated $58m on systems planning & design
Table 9: Prudential Financial will spend an estimated $52m on data
Table 10: MetLife will spend an estimated $369m on its data centre
Table 11: MetLife will spend an estimated $353m on hardware
Table 12: MetLife will spend an estimated $57m on clients
Table 13: MetLife will spend an estimated $62m on enterprise applications
Table 14: MetLife will spend an estimated $108m on software vendors’ support costs/maintenance
Table 15: MetLife will spend an estimated $63m on application development & integration
Table 16: MetLife will spend an estimated $57m on systems planning & design
Table 17: MetLife will spend an estimated $51m on data
Table 18: AIG will spend an estimated $355m on its data centre
Table 19: AIG will spend an estimated $340m on hardware
Table 20: AIG will spend an estimated $55m on clients
Table 21: AIG will spend an estimated $60m on enterprise applications
Table 22: AIG will spend an estimated $104m on software vendors’ support costs/maintenance
Table 23: AIG will spend an estimated $61m on application development & integration
Table 24: AIG will spend an estimated $55m on systems planning & design
Table 25: AIG will spend an estimated $49m on data
Table 26: WellPoint will spend an estimated $326m on its data centre
Table 27: WellPoint will spend an estimated $312m on hardware
Table 28: WellPoint will spend an estimated $51m on clients
Table 29: WellPoint will spend an estimated $55m on enterprise applications
Table 30: WellPoint will spend an estimated $96m on software vendors’ support costs/maintenance
Table 31: WellPoint will spend an estimated $56m on application development & integration
Table 32: WellPoint will spend an estimated $51m on systems planning & design
Table 33: WellPoint will spend an estimated $45m on data
Table 34: Liberty Mutual Insurance Group will spend an estimated $197m on its data centre
Table 35: Liberty Mutual Insurance Group will spend an estimated $189m on hardware
Table 36: Liberty Mutual Insurance Group will spend an estimated $31m on clients
Table 37: Liberty Mutual Insurance Group will spend an estimated $33m on enterprise applications
Table 38: Liberty Mutual Insurance Group will spend an estimated $58m on software vendors’ support costs/maintenance
Table 39: Liberty Mutual Insurance Group will spend an estimated $34m on application development & integration
Table 40: Liberty Mutual Insurance Group will spend an estimated $31m on systems planning & design
Table 41: Liberty Mutual Insurance Group will spend an estimated $27m on data
Table 42: Atena will spend an estimated $191m on its data centre
Table 43: Atena will spend an estimated $183m on hardware
Table 44: Atena will spend an estimated $30m on clients
Table 45: Atena will spend an estimated $32m on enterprise applications
Table 46: Atena will spend an estimated $56m on software vendors’ support costs/maintenance
Table 47: Atena will spend an estimated $33m on application development & integration
Table 48: Atena will spend an estimated $30m on systems planning & design
Table 49: Atena will spend an estimated $27m on fixed voice
Table 50: Allstate Corporation will spend an estimated $174m on its data centre
Table 51: Allstate Corporation will spend an estimated $167m on hardware
Table 52: Allstate Corporation will spend an estimated $27m on clients
Table 53: Allstate Corporation will spend an estimated $29m on enterprise applications
Table 54: Allstate Corporation will spend an estimated $51m on software vendors’ support costs/maintenance
Table 55: Allstate Corporation will spend an estimated $30m on application development & integration
Table 56: Allstate Corporation will spend an estimated $27m on systems planning & design
Table 57: Allstate Corporation will spend an estimated $24m on data
Table 58: State Farm Mutual Automobile Insurance will spend an estimated $171m on its data centre
Table 59: State Farm Mutual Automobile Insurance will spend an estimated $164m on hardware
Table 60: State Farm Mutual Automobile Insurance will spend an estimated $27m on clients
Table 61: State Farm Mutual Automobile Insurance will spend an estimated $29m on enterprise applications
Table 62: State Farm Mutual Automobile Insurance will spend an estimated $50m on software vendors’ support costs/maintenance
Table 63: State Farm Mutual Automobile Insurance will spend an estimated $29m on application development & integration
Table 64: State Farm Mutual Automobile Insurance will spend an estimated $27m on systems planning & design
Table 65: State Farm Mutual Automobile Insurance will spend an estimated $24m on data
Table 66: MassMutual Insurance will spend an estimated $223m on its data centre
Table 67: MassMutual Insurance will spend an estimated $209m on hardware
Table 68: MassMutual Insurance will spend an estimated $34m on clients
Table 69: MassMutual Insurance will spend an estimated $39m on enterprise applications
Table 70: MassMutual Insurance will spend an estimated $66m on software licenses
Table 71: MassMutual Insurance will spend an estimated $36m on application development & integration
Table 72: MassMutual Insurance will spend an estimated $34m on systems planning & design
Table 73: MassMutual Insurance will spend an estimated $32m on data
Table 74: Hartford Financial Services will spend an estimated $134m on its data centre
Table 75: Hartford Financial Services will spend an estimated $128m on hardware
Table 76: Hartford Financial Services will spend an estimated $21m on clients
Table 77: Hartford Financial Services will spend an estimated $23m on enterprise applications
Table 78: Hartford Financial Services will spend an estimated $39m on software vendors’ support costs/maintenance
Table 79: Hartford Financial Services will spend an estimated $23m on application development & integration
Table 80: Hartford Financial Services will spend an estimated $21m on systems planning & design
Table 81: Hartford Financial Services will spend an estimated $19m on data
List Of Figures
Figure 1: Top ICT spenders in the US insurance industry
