Claim ARCoT
LTIMindtree’s ARCoT–A Right Choice of Technology, is a framework developed for Insurance software product selection. It has a pre-defined set of product evaluation artifacts, like the Product Feature Library, Reference Product Demonstration Scripts, and RFP Templates (for Product Companies). The framework also consists of over 300 parameters across Functional, Technical, Financial, and Operations areas. It has an understanding of the capabilities of leading products in the market, with a model evaluation to refer to. ARCoT also provides baselining of product requirements as an aggregation of the existing capabilities, future needs, and industry best practices.
Business Benefits:
- No vendor lock-in for Virtualization Technology.
- Average provisioning time reduces from days to minutes.
- Intelligent provisioning maximizes the usage of computing resources by reducing the Capex (Capital Expenditure) Budget.
- Reduced Total Cost of Ownership (TCO) due to shared infrastructure.