Tech report highlights lack of vendor knowledge

David Hampton
Apr 12, 2025
1 min read

The latest Reuters Insurance Global Technology Benchmarking Report discusses key challenges with vendors’ lack of industry understanding, products failing to live up to the hype and high implementation costs, along with delays. That’s why at BAIS we pride ourselves in having decades of insurance, technology AND insurance technology expertise that helps us deliver systems that work, without delays or cost blowouts. The report also highlights the rapid growth in adoption of generative AI – Stay tuned for what’s next here at BAIS.

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2 Comments

Eron Finch

Mar 28

This report really highlights a gap that many small businesses face when dealing with technology vendors. Without proper guidance, companies can struggle to make informed decisions, which can impact growth and efficiency. For SMEs looking to strengthen their operations and invest wisely in tech, exploring financing options like sme loans ireland can provide the support needed to implement solutions effectively.

Mathias Isaac

Apr 18, 2025

Vendors should check out this vendor insurance to protect their business.