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IT SPENDING BY INSURERS EXPECTED TO EXCEED RM133mil
Information technology (IT) investments by the insurance industry will see strong growth that will exceed RM133mil as more companies turn to technology to upgrade their customer service capabilities. International Data Corp. (IDC) Malaysia estimates a 12.5% growth to US$35mil (RM133mil) as opposed to US$31.2mil (RM118.6mil) last year as the technology driven Malaysian insurance industry strive to serve their customers better. The growth is in line with aggressive IT spending in general in Malaysia between 3.5% and 4% of gross domestic product (GDP). Malaysia’s IT a...
Information technology (IT) investments by the insurance industry will see strong growth that will exceed RM133mil as more companies turn to technology to upgrade their customer service capabilities. International Data Corp. (IDC) Malaysia estimates a 12.5% growth to US$35mil (RM133mil) as opposed to US$31.2mil (RM118.6mil) last year as the technology driven Malaysian insurance industry strive to serve their customers better. The growth is in line with aggressive IT spending in general in Malaysia between 3.5% and 4% of gross domestic product (GDP). Malaysia’s IT a...
Posted by: Kelly G Hess
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