NTT DATA at ITC Vegas 2024: Driving Digital Transformation in Insurance
Exploring Innovations and Industry Insights at the World's Largest Insurance Gathering
NTT DATA participated in ITC Vegas 2024, the world's largest gathering of insurance professionals, innovators, and technology enthusiasts. The event, held in Las Vegas, attracted over 9,000 attendees and more than 600 sponsors. NTT DATA showcased its latest advancements in data and AI, emphasizing its commitment to driving digital transformation in the insurance industry. Key takeaways included strategies for business growth, enhancing customer experiences, and achieving operational excellence. NTT DATA also engaged with industry leaders, analysts, and journalists, resulting in valuable business opportunities and deeper insights into industry trends.
ITC Vegas 2024: A Milestone in Insurance Innovation
ITC Vegas 2024 marked another milestone in the insurance industry's journey towards innovation and digital transformation. As the world's largest gathering of insurance professionals, innovators, and technology enthusiasts, ITC Vegas serves as a hub for exploring new ideas, sharing best practices, and fostering collaboration. NTT DATA's participation underscored its commitment to engaging with industry leaders, addressing pressing challenges, and showcasing its latest advancements in data and AI to revolutionize the insurance sector.
Event Highlights and Participation
Held in Las Vegas, ITC Vegas 2024 attracted over 9,000 attendees, including more than 600 sponsors such as global insurance companies like Tokyo Marine. This event is a benchmark in the industry, bringing together insurance companies, tech providers, and consultants to discuss the latest trends and technologies.
Key Insights and Innovations from NTT DATA
At ITC Vegas 2024, NTT DATA introduced several key insights and innovative solutions designed to propel the insurance industry into the future:
- Fast-track the future of insurance: An executive guide outlining strategies to drive business growth, enhance customer experiences, and achieve operational excellence. This guide serves as a roadmap for insurance leaders looking to navigate the complexities of the digital age.
- AI-power insurance innovation with NTT DATA and Earnix: A short video highlighting the collaboration between NTT DATA and Earnix. The video demonstrates how their combined efforts are improving compliance accuracy, accelerating growth, and delivering superior customer experiences.
- Revolutionizing Insurance Through the Power of Data and AI: Research showcasing how leveraging data and AI can transform the insurance industry through specific case studies. This research emphasizes the practical applications and benefits of advanced technologies.
Shaping Tomorrow: Insights from NTT DATA's Leaders
NTT DATA's commitment to digital transformation in the insurance industry was evident throughout the event. Although NTT DATA did not have a speaker at this event, it utilized the opportunity to interact with key players in the industry. Proneet Sharma, President - Insurance business at NTT DATA, emphasized the company's focus on GenAI solutions: "NTT DATA is at the forefront of driving digital transformation in the insurance industry. Our focus on GenAI solutions is beyond technology solutions; it's about creating meaningful, impactful changes that benefit our clients and their customers. The insights and client discussions at ITC Vegas 2024 have reinforced our commitment to innovation and customer satisfaction."
Proneet Sharma
Industry President & Business Leader
Success Stories and Business Opportunities
NTT DATA held meetings with 25 companies, leading to several valuable business opportunities. The company also interacted with analysts and journalists, resulting in four media coverages and interactions with six leading analysts. Through these interactions, NTT DATA reinforced its message as an IT partner and gained deeper insights into industry trends.
Post-Event Resources and Continued Engagement
Building on the feedback and key conversations from the event, NTT DATA has developed a range of resources for industry leaders, with a particular focus on GenAI solutions. Two short videos have been created based on topics discussed at ITC Vegas:
Additionally, NTT DATA hosted a webinar titled "Breaking the legacy mold: GenAI's impact on insurance," which provided valuable insights into the transformative potential of GenAI in the insurance industry. These resources aim to equip industry leaders with the knowledge and tools necessary to navigate the rapidly evolving landscape.
Conclusion
NTT DATA's participation in ITC Vegas 2024 highlighted its unwavering commitment to driving digital transformation in the insurance industry. By fostering valuable partnerships, sharing innovative solutions, and actively engaging with industry leaders, NTT DATA continues to shape the future of insurance. Stay tuned for more updates and exclusive content as NTT DATA advances its mission to revolutionize the insurance sector.
About NTT DATA
NTT DATA is a leading IT service provider dedicated to delivering cutting-edge solutions and industry insights. To learn more about NTT DATA's latest offerings and to explore further insights, please visit our website. For additional information or inquiries, feel free to reach out to us.
Stay Ahead with NTT DATA
To learn more about NTT DATA's latest solutions and industry insights, please visit our website. For additional information or inquiries, feel free to reach out to us.
