Problem
Build vs. Buy recommendations for a P&C insurer planning to fund a data integrity initiative
Work
- Mapped business processes
- Interviewed stakeholders to identify unsolved problems and inefficiencies, needs vs. wants
- Measured cost of inefficiencies
- Calculated cost of developing a data integrity solution from scratch vs.cost of licensing and implementing a product
- Conducted vendor comparison
- Identified the blue dollar and the green dollar
- Mapped and quantified technology value, operational value, and economic value of various options
- Created a business case, supporting the recommendation with associated ROIs and implementation roadmaps