CSC Positioned as Insurance ‘Market Leader’ in Ovum Decision Matrix
News Release -- February 18, 2016
Evaluation Based on Technology, Execution and Market Impact
FALLS CHURCH, Va., Feb. 18, 2016–CSC (NYSE: CSC), a leading provider of next-generation technology solutions and services, today announced it has been positioned as a “Market Leader” in the Ovum Decision Matrix: Selecting an IT Service Provider for the Insurance Sector, 2015-2016.
The report published on 8 January 2016 evaluated a total of nine IT service providers based on technology, execution and market impact. Aggregate scores across these criteria determined vendor placement as a “leader,” “challenger” or “follower.” CSC was among three of the nine vendors named a market leader.
“CSC has a clear service roadmap for the insurance sector, with a strong emphasis on integration with and efficient management of cloud infrastructure, leveraging the CSC Agility Platform™,” said Charles Juniper, principal analyst, financial services technology, at Ovum. “CSC should be considered as a service provider by all potential insurance clients, particularly the largest global players.”
“Our positioning as a Market Leader is a testament to our global client community, comprehensive and mature service offerings, extensive partner ecosystem and delivery excellence,” said Phil Ratcliff, vice president and general manager, CSC’s Global Insurance Industry. “With our digital insurance vision and ability to execute at scale, we are well positioned to lead our clients on their digital transformation journeys.”
For more than 45 years, CSC has served the global insurance industry in every industry sector, including life insurance, pensions, annuities, health insurance, property and casualty, general insurance, reinsurance and workers’ compensation. Today CSC works with more than 1,500 insurance providers around the world to help them grow digitally, transform their existing IT environments, improve their operational efficiency, and increase their speed to market. Learn more about CSC in Insurance here.
CSC (NYSE: CSC) leads clients on their digital transformation journeys. The company provides innovative next-generation technology services and solutions that leverage deep industry expertise, global scale, technology independence and an extensive partner community. CSC serves leading commercial and international public sector organizations throughout the world. CSC is a Fortune 500 company and ranked among the best corporate citizens. For more information, visit us at www.csc.com.