Sapiens Intends to Leverage Microsofts Two New Data Centres for Its Cloud-Based Services in South Africa
Summary
Microsoft has recently officially announced that it is opening two new cloud data centres in Johannesburg and Cape Town, and this latest development precedes Sapiens’ imminent establishment of its new head office and an expanded presence in South Africa.These two new centres will enable South African companies to enjoy the benefits of the cloud ‒ which includes cost savings from not having to upgrade and then maintain new IT infrastructure during modernisation projects ‒ while still complying with data governance and sovereignty regulations.Sapiens offers core, end-to-end solutions to the global general insurance, property and casualty, life, pension and annuities, reinsurance and retirement markets, as well as business decision management software.Sapiens ALIS – Sapiens’ core policy administration suite for the life insurance, annuities, pension, savings and medical markets – and Sapiens IDIT ‒ our flagship software suite for the short-term insurance market ‒ can be deployed over Microsoft’s secure cloud.Microsoft has recently officially announced that it is opening two new cloud data centres in Johannesburg and Cape Town, and this latest development precedes Sapiens’ imminent establishment of its new head office and an expanded presence in South Africa.Insurers and financial services organisations are hesitant, and many times prohibited legally, from moving sensitive customer data offshore.For more information: azure.microsoft.com/en-us/overview/what-is-azure/About SapiensSapiens International Corporation (NASDAQ and TASE: SPNS) is a leading global provider of software solutions for the insurance industry, with a growing presence in the financial services sector.
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