Financial Services Industry
Industry: Email Alert RSS FeedCould Web Services Be The 'Next Big Thing'? IT departments will be able to snap together modular components or services like Lego blocks.(On The Horizon)
National Underwriter Property & Casualty-Risk & Benefits Management, June, 2004 by Wheeler, Randy
COULD WEB SERVICES BE THE "Next Big Thing" for insurers? Theoretically, Web services will make software programs easier to write. They will simplify the connections between programs and more easily connect internal and external entities and applications. As a result, many experts seem to think Web services will provide solutions to some of the insurance industry's biggest challenges, including the need to facilitate constant IT changes and the demand for increased connectivity, efficiency and interoperability.
The term "Web services," however, is a little misleading, as it refers to both the development tools used to build easily integrated Web-based applications and the underlying technology protocols and standards required to run and support these...
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