This post's title is cribbed from Celent's Latest "Report on SOA in Insurance 2007". The report is primarily the result of surveys conducted by Celent with a number of insurers and includes mid size to large carriers (premiums > $1 billion). The report is mildly interesting for someone in the midst of deploying SOA techniques/technologies in the insurance industry (namely me;) but clearly reiterates three key points:
- The promise of a fully realized SOA enabled infrastructure is alluring and there is an incredible amount of hype around the potential.
- Building out a fully realized SOA enabled infrastructure is hard and will take time
- Even small steps toward SOA can pay dividends so get started now!
I Think the quote below best summarizes this:Celent - Web Services and SOA in Insurance 2007
While the model may not be very sexy, Celent believes that for the next two years Web services/SOA in insurance will remain essentially a "Plumbing" issue - a set of technologies and practices that make it more efficient to share data and transactional capabilities between systems, both internal and external, in a reusable way that allows the value of systems investments to be leveraged repeatedly in subsequent initiatives. While this may not get the CEO's attention, it is absolutely key to the CIO's mission to do more with less.
So get started... Each company is unique in its own way and requires it's on approach but don't get caught up in analysis paralysis. Do not wait for the perfect project or tool. Starting allows you to "do" and doing allows you to learn from the experience. Learning allows you to adapt and "do" again providing opportunity to continually improve as you go. "Do not let the perfect be the enemy of the good!"