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Webinar Series
Cloud Computing and the Culture Of Innovation
AMERICAN FAMILY INSURANCE CLOUD TECH
DAY
Webinar Series
OVERVIEW
Introduction to Speaker
Joe Holbrook
Jax FL
AWS Services Partner
Published Course Author
Cloud and Blockchain Speaker
Certified GCP, AWS, VMWARE, etc
Webinar Series
OVERVIEW
Introduction
What is Innovation?
Sources of Innovation
Cloud Computing and Innovation
Top Five ways to use cloud for innovation
Q/A
Webinar Series
WHAT IS INNOVATION
What is Innovation? Lets Define
“The process of translating an idea or invention
into a good or service that creates value or for
which customers will pay.”
Source – BusinessDictionary.com
Webinar Series
WHY INNOVATE?
Source Quotefancy
Webinar Series
CLOUD INNOVATION
For Example:
Forrester predicts that
more than 50 percent
of global enterprises
will rely on at least on
public cloud platform
to drive digital
transformation and
delight customers.
Webinar Series
INNOVATION THOUGHT #1
Webinar Series
INNOVATION THOUGHT #2
Webinar Series
INNOVATION THOUGHT #3
Webinar Series
LETS THINK ABOUT THIS!
“Business has only two functions— Marketing and
Innovation”
Milan Kundera- Author
Webinar Series
SOURCES OF INNOVATION NOW
Your own Employees
Your Partners
Vendors/Integrators and Resellers
Competitors
Evolution of Technology
Planning or by accident
Webinar Series
LETS GET STARTED. CLOUD COMPUTING TOP
FIVE
Cloud Computing is more than just resources
and services.
Cloud Computing is an enabler. Is your
organization enabled?
Cloud Computing is dynamic not static.
Cloud Computing is Agile. Use this feature to
your enterprises advantage.
Innovation and Cloud Computing are
complementary.
Webinar Series
LETS GET STARTED. CLOUD COMPUTING TOP
FIVE
Lets discuss the
top Cloud Based
Innovative
technologies.
Webinar Series
CLOUD COMPUTING TOP FIVE - #5 AI/ML
AI/ML – The Cloud Providers have robust
solutions are AI/ML
Automated Intelligence (AI) brings IT and
computing to life.
Through AI, machines and devices can learn
and improve. They can become largely
autonomous and enable us to achieve much
more as businesses, communities and
individuals
Webinar Series
Did you know that Automated Intelligence is
used more and more in insurance?
AI will drive savings for insurance carriers,
brokers and policyholders, plugging into existing
transformations within the insurance industry.
Behavioral Policy Pricing
Coverage Personalization
CLOUD COMPUTING TOP FIVE - #5 AI/ML
Webinar Series
CLOUD COMPUTING TOP FIVE - #4
Big Data Services– The Cloud Providers provide
both innovative and cost effective solutions for
Ingest and process data from sources
Create charts and graphics visual
representation.
Using Hadoop, and user friendly BI interfaces
and tools, there’s no need to build data
warehouses or to employ a huge team of data
scientists.
Webinar Series
CLOUD COMPUTING TOP FIVE - #4
Big Data is just plain critical to your competitive
edge. Insight is everything
Did you know that Facebook’s motto was “move
fast and break things.” With Facebook, the idea
was to implement as many features and explore
as many opportunities as possible. If a feature
broke, they could fix it and improve it.”
Webinar Series
CLOUD COMPUTING TOP FIVE - #3 IOT
Internet of Things. Yes, the Internet of Things
(IoT) is gaining rapid adoption from all industries
and verticals.
IoE relies on machine to machine
communications, data, processes, and how
humans communicate with everything in their
environment.
The insurance industry will benefit here.
Webinar Series
CLOUD COMPUTING TOP FIVE - #3 IOT
Internet of Things and innovation is already in
use in the Insurance Industry.
Ted Gramer of TrueMotion, a company
providing smartphone telematics to help
insurance companies identify the best drivers
and thus price more profitably.
“Connected car and mobile technology can
enable the next generation of insurance
products”
Webinar Series
CLOUD COMPUTING TOP FIVE - #3 IOT
The trend in
insurance is
more devices
and more
information
collection.
Use Based
Policies.
Webinar Series
CLOUD COMPUTING TOP FIVE - #2
BLOCKCHAIN
Blockchain is more than cryptocurrency.
“Blockchain is a truth machine”
Blockchain enables enterprises to reduce that
intermediary.
Blockchain provides “transparency” distributed,
peer-to-peer ledger of records called blocks that
is virtually incorruptible. Every block links to a
previous block and has a time and date stamp. It
is self-managed and does not require
coordination from an intermediary.
Webinar Series
CLOUD COMPUTING TOP FIVE - #2
BLOCKCHAIN
“The potential for blockchain technology to
disrupt the insurance industry and change the
way we share data, process claims and prevent
fraud is intriguing, but we’re still in the very early
days of its exploration and implementation—on
the radar of innovative insurance industry
pioneers but not close to widescale adoption.”
Bernard Marr
Webinar Series
CLOUD COMPUTING TOP FIVE - #2
BLOCKCHAIN
Blockchain as a Service (BaaS)
IBM, MS Azure and AWS all have BaaS
solutions.
Most Support Hyperledger, Ethereum and Corda
Enables organization to spin up a Blockchain on
the fly in the cloud.
Webinar Series
CLOUD COMPUTING TOP FIVE - #1 ZERO TRUST
SECURITY
The Zero Trust Network, or Zero Trust
Architecture, model was created in 2010 by John
Kindervag, who at the time was a principal
analyst at Forrester Research Inc.
Zero Trust security will become even more
tightly integrated with -- and integral to the
success of -- all leading cloud platforms.
Trust No One. Inside or Out.
Framework not a technology. Risk Reduction
Webinar Series
CLOUD COMPUTING TOP FIVE - #1 ZERO TRUST
SECURITY
Zero Trust is a security
concept centered on the
belief that organizations
should not automatically
trust anything inside or
outside its perimeters and
instead must verify
anything and everything
trying to connect to its
systems before granting
access.
Webinar Series
SOME FACTS ABOUT SECURITY BREACHES.
ZERO TRUST
Did you know that insider threats are the cause
of the biggest security breaches out there, and
they are very costly to remediate?
According to a 2017 Insider Threat Report, 53
percent of companies estimate remediation
costs of $100,000 and more, with 12 percent
estimating a cost of more than $1 million
In the 2017 Data Breach Study, conducted by
Ponemon Institute and sponsored by IBM, found
that the global average cost of a data breach is
$3.62 million
Webinar Series
BUILD THAT CLOUD…
Webinar Series
OTHER CLOUD INNOVATIONS TO NOTE
Serverless
Microservices
Containers
Limited Edge
Data Acceleration
Webinar Series
Look within for innovation!
Webinar Series
?
QUESTIONS? THANK YOU
Webinar Series
Web Age Solutions
www.webagesolutions.com/contactus/
US - 215-517-6540
Canada - 1-866-206-4644
CONTACT

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Cloud Computing and the Culture of Innovation

  • 1. Webinar Series Cloud Computing and the Culture Of Innovation AMERICAN FAMILY INSURANCE CLOUD TECH DAY
  • 2. Webinar Series OVERVIEW Introduction to Speaker Joe Holbrook Jax FL AWS Services Partner Published Course Author Cloud and Blockchain Speaker Certified GCP, AWS, VMWARE, etc
  • 3. Webinar Series OVERVIEW Introduction What is Innovation? Sources of Innovation Cloud Computing and Innovation Top Five ways to use cloud for innovation Q/A
  • 4. Webinar Series WHAT IS INNOVATION What is Innovation? Lets Define “The process of translating an idea or invention into a good or service that creates value or for which customers will pay.” Source – BusinessDictionary.com
  • 6. Webinar Series CLOUD INNOVATION For Example: Forrester predicts that more than 50 percent of global enterprises will rely on at least on public cloud platform to drive digital transformation and delight customers.
  • 10. Webinar Series LETS THINK ABOUT THIS! “Business has only two functions— Marketing and Innovation” Milan Kundera- Author
  • 11. Webinar Series SOURCES OF INNOVATION NOW Your own Employees Your Partners Vendors/Integrators and Resellers Competitors Evolution of Technology Planning or by accident
  • 12. Webinar Series LETS GET STARTED. CLOUD COMPUTING TOP FIVE Cloud Computing is more than just resources and services. Cloud Computing is an enabler. Is your organization enabled? Cloud Computing is dynamic not static. Cloud Computing is Agile. Use this feature to your enterprises advantage. Innovation and Cloud Computing are complementary.
  • 13. Webinar Series LETS GET STARTED. CLOUD COMPUTING TOP FIVE Lets discuss the top Cloud Based Innovative technologies.
  • 14. Webinar Series CLOUD COMPUTING TOP FIVE - #5 AI/ML AI/ML – The Cloud Providers have robust solutions are AI/ML Automated Intelligence (AI) brings IT and computing to life. Through AI, machines and devices can learn and improve. They can become largely autonomous and enable us to achieve much more as businesses, communities and individuals
  • 15. Webinar Series Did you know that Automated Intelligence is used more and more in insurance? AI will drive savings for insurance carriers, brokers and policyholders, plugging into existing transformations within the insurance industry. Behavioral Policy Pricing Coverage Personalization CLOUD COMPUTING TOP FIVE - #5 AI/ML
  • 16. Webinar Series CLOUD COMPUTING TOP FIVE - #4 Big Data Services– The Cloud Providers provide both innovative and cost effective solutions for Ingest and process data from sources Create charts and graphics visual representation. Using Hadoop, and user friendly BI interfaces and tools, there’s no need to build data warehouses or to employ a huge team of data scientists.
  • 17. Webinar Series CLOUD COMPUTING TOP FIVE - #4 Big Data is just plain critical to your competitive edge. Insight is everything Did you know that Facebook’s motto was “move fast and break things.” With Facebook, the idea was to implement as many features and explore as many opportunities as possible. If a feature broke, they could fix it and improve it.”
  • 18. Webinar Series CLOUD COMPUTING TOP FIVE - #3 IOT Internet of Things. Yes, the Internet of Things (IoT) is gaining rapid adoption from all industries and verticals. IoE relies on machine to machine communications, data, processes, and how humans communicate with everything in their environment. The insurance industry will benefit here.
  • 19. Webinar Series CLOUD COMPUTING TOP FIVE - #3 IOT Internet of Things and innovation is already in use in the Insurance Industry. Ted Gramer of TrueMotion, a company providing smartphone telematics to help insurance companies identify the best drivers and thus price more profitably. “Connected car and mobile technology can enable the next generation of insurance products”
  • 20. Webinar Series CLOUD COMPUTING TOP FIVE - #3 IOT The trend in insurance is more devices and more information collection. Use Based Policies.
  • 21. Webinar Series CLOUD COMPUTING TOP FIVE - #2 BLOCKCHAIN Blockchain is more than cryptocurrency. “Blockchain is a truth machine” Blockchain enables enterprises to reduce that intermediary. Blockchain provides “transparency” distributed, peer-to-peer ledger of records called blocks that is virtually incorruptible. Every block links to a previous block and has a time and date stamp. It is self-managed and does not require coordination from an intermediary.
  • 22. Webinar Series CLOUD COMPUTING TOP FIVE - #2 BLOCKCHAIN “The potential for blockchain technology to disrupt the insurance industry and change the way we share data, process claims and prevent fraud is intriguing, but we’re still in the very early days of its exploration and implementation—on the radar of innovative insurance industry pioneers but not close to widescale adoption.” Bernard Marr
  • 23. Webinar Series CLOUD COMPUTING TOP FIVE - #2 BLOCKCHAIN Blockchain as a Service (BaaS) IBM, MS Azure and AWS all have BaaS solutions. Most Support Hyperledger, Ethereum and Corda Enables organization to spin up a Blockchain on the fly in the cloud.
  • 24. Webinar Series CLOUD COMPUTING TOP FIVE - #1 ZERO TRUST SECURITY The Zero Trust Network, or Zero Trust Architecture, model was created in 2010 by John Kindervag, who at the time was a principal analyst at Forrester Research Inc. Zero Trust security will become even more tightly integrated with -- and integral to the success of -- all leading cloud platforms. Trust No One. Inside or Out. Framework not a technology. Risk Reduction
  • 25. Webinar Series CLOUD COMPUTING TOP FIVE - #1 ZERO TRUST SECURITY Zero Trust is a security concept centered on the belief that organizations should not automatically trust anything inside or outside its perimeters and instead must verify anything and everything trying to connect to its systems before granting access.
  • 26. Webinar Series SOME FACTS ABOUT SECURITY BREACHES. ZERO TRUST Did you know that insider threats are the cause of the biggest security breaches out there, and they are very costly to remediate? According to a 2017 Insider Threat Report, 53 percent of companies estimate remediation costs of $100,000 and more, with 12 percent estimating a cost of more than $1 million In the 2017 Data Breach Study, conducted by Ponemon Institute and sponsored by IBM, found that the global average cost of a data breach is $3.62 million
  • 28. Webinar Series OTHER CLOUD INNOVATIONS TO NOTE Serverless Microservices Containers Limited Edge Data Acceleration
  • 29. Webinar Series Look within for innovation!
  • 31. Webinar Series Web Age Solutions www.webagesolutions.com/contactus/ US - 215-517-6540 Canada - 1-866-206-4644 CONTACT

Editor's Notes

  1. Copyright Web Age Solutions 2007