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Capgemini recognized as a Leader in Everest Group Cloud Services in Insurance PEAK Matrix® Report in 2023

07 Nov 2023

Capgemini announced that it has been recognized as a Leader in Everest Group’s Cloud Services in Insurance PEAK Matrix® 2023 among top 35 cloud service providers in insurance for its strong global presence, extensive thought leadership, comprehensive partnership ecosystem, and for its full stack industry cloud capabilities.

This report presents an assessment of 35 IT service providers for their cloud services focusing on insurance industry. The report highlights some of the key strengths of Capgemini:

  • Provides solutions across operating and technology model transformation with comprehensive cloud economics and FinOps toolkit, which is a valuable choice for insurers seeking to reduce Total Cost of Operation
  • A strong offering of cloud-native verticalized solutions like touchless claims, underwriting workbench, digital core, and innovation island to help insurers achieve speed-to-market.
  • Meaningful investments in building joint-GTM motions, co-creation and hyperscaler-specific CoEs.
  • Partnerships such as Cambridge Telematics illustrate a substantial technical proficiency in delivering insurers with extensive-scale advanced analytics.
  • Acquisitions such as Empired, focused on combining power of telematics and IoT, demonstrate its proficiency in cloud services specific to insurance industry.

This report also specifies that Capgemini has showcased strong credentials to assist carriers with their full-stack cloud transformation needs, backed by mature industry specific offerings portfolio, and investments in next-generation technologies such as generative AI, blockchain, and IoT.

Capgemini differentiates itself from others via a strong pool of cloud-certified resources, global presence, and investments in joint innovation labs, acquisitions, and a comprehensive partnership ecosystem.

“Capgemini offers a robust cloud services value proposition to insurers comprising multiple cloud-native industry solutions, FinOps toolkits, as well as credible experience in driving the adoption of SaaS solutions/platforms”. He also emphasized “Focused GTM efforts and offerings to address insurers’ cloud spend optimization and value maximization mandates, and investments into scaling Hyperscaler-specific CoEs have contributed to Capgemini’s positioning as a Leader on Everest Group’s inaugural Cloud Services in Insurance PEAK Matrix® Assessment 2023”

Aaditya Jain, Vice President, Everest Group

Click here to download the report.

About Capgemini

Capgemini is a global leader in partnering with companies to transform and manage their business by harnessing the power of technology. The Group is guided everyday by its purpose of unleashing human energy through technology for an inclusive and sustainable future. It is a responsible and diverse organization of 350,000 team members in more than 50 countries. With its strong 55-year heritage and deep industry expertise, Capgemini is trusted by its clients to address the entire breadth of their business needs, from strategy and design to operations, fueled by the fast evolving and innovative world of cloud, data, AI, connectivity, software, digital engineering and platforms. The Group reported in 2022 global revenues of €22 billion.

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