Laurent is a Certified ScrumMaster!

As you may know, we are more and more using Scrum as a team-based framework for developing our Skye® standard software product (front-end solution for insurances) at Innoveo.

What is Scrum? (ScrumAlliance definition)

Scrum: A team-based framework to develop complex systems and products.

Scrum is an iterative, incremental framework for developing any product or managing any work. It allows teams to deliver a potentially shippable set of functionality every iteration, providing the agility needed to respond to rapidly changing requirements.

The Scrum framework constantly challenges its users to focus on improvement, and its Sprints provide the stability to address the ever-changing needs that occur in any project.

These characteristics have led to Scrum becoming the most popular method in the world of agile software development.

We are consequently very proud to inform you that Laurent Kempé, who is acting as our Innoveo ScrumMaster besides being our internal “Scrum champion”, has successfully passed his ScrumMaster certification!

Congratulation to Laurent for this nice step and recognition.

Next step is now to apply for the next level: Certified Scrum Practitioner, as shown below (ScrumAlliance certification process):

cross-posted on the Innoveo blog

Adcubum and Innoveo agree to a strategic partnership!

We are very happy to announce that we, at Innoveo, could agree to a strategic partnership with Adcubum, a Swiss product software company also focused on the insurance market, and developing a very complementary product, adcubum SYRIUS® (back-office), to Innoveo Skye® (front-office).

A step-by-step process, very solid, between the two companies, integrating both Boards of Directors, Executive Management Teams and operational experts, to be able to mature the cooperation model on a strategic and product levels. The first operational activities have started for exactly one year in September 2008, with the first contacts in spring 2008.

And, it is always better to announce this kind of partnership, when both partners have already won together a customer, which is the case for us ;-)

Some words about Adcubum

Adcubum was founded in 1998, is privately held, with more than 100 people, and a capital of 7.5 million CHF. Our colleagues have so far achieved 60% market coverage in Switzerland (health insurance) and 100% in Slovakia (social security) with adcubum SYRIUS®.

They are now expanding their activities to the important markets of Germany and Eastern Europe, and to the Property & Casualty (P&C) lines of business.

 

PRESS RELEASE

 Adcubum and Innoveo contract a strategic partnership to integrate the multi-channel distribution solution Innoveo Skye® with adcubum SYRIUS®.

St. Gallen, 30th September 2009 - Adcubum and Innoveo intensify their co-operation and agree to a product and strategic partnership. Goal of this agreement is the seamless integration of the multi-channel distribution solution Innoveo Skye® in the insurance core solution adcubum SYRIUS® as an optional module. Therewith, their customers are in a position to use the software for all lines of business and to holistically support respectively control their products and services sales. Moreover, with this co-operation Adcubum and Innoveo consolidate their complementary competences and experience in the insurance industry.

Like adcubum SYRIUS®, Innoveo Skye® is based on a state-of-the-art scalable 4-tier-architecture and is easily embedded in any portal solution. Innoveo Skye® comprises all lines of business in the insurance industry (health insurance, property and casualty insurance, life insurance) and supports various back-office systems simultaneously. Furthermore, Innoveo Skye® is capable of multi-channel operations, which enable insurance companies to quickly and consistently offer new products and services via different channels like branches, agencies, insurance brokers or via the Internet.

"The partnership with Adcubum allows to offer our complementary expertise and insurance solutions in one integrated product", says Nick Stefania, Managing Partner of Innoveo. "Customers benefit of a reduced time-to-market for their insurance products and we enable them to offer all insurance products and services for every distribution channel with one single module."

"We are already working together intensively with Innoveo in a customer project", says René Janesch, member of the executive board of Adcubum. "Insurance companies seek more and more for an end-to-end solution supporting the continuous process from the back-office management to the multi-channel distribution. Hence, the current point in time is most convenient for such a collaboration. Above all, we are able to considerably strengthen our know-how in the property and casualty insurance market."

Press release English / German

Innoveo corporate fact sheet English

 

Adcubum AG
Adcubum is a leading Swiss software manufacturer in the international insurance business. The core solution adcubum SYRIUS® is a modularly built back-office system for health, accident and property and casualty insurances based on the Java Platform Enterprise Edition (Java EE) technology. The foundation for the successful company history was laid in St. Gallen in 1998. Since then, the product has been continuously enhanced according to customer and market requirements. At present the company employs more than 100 high qualified and specialised experts. Multiple millions of insured persons with more than 30 million claims are administrated by the core solution adcubum SYRIUS® - tendency rising.

Further information under: www.adcubum.com

 

Innoveo Solutions AG
Innoveo emerged as an independent software manufacturer from a spin-out of the Helvetia Group in 2007. It is characterized by a unique combination of technology expertise and insurance industry knowledge. The SOA/Java EE based agile insurance front-office system Innoveo Skye® is based on more than 12 years of experience in the implementation of flexible distribution systems for all lines of business as well as in the integration of any back-office and CRM systems as well as portals. In an increasingly diversified market a consistent, per distribution channel and insurance product configurable solution offers crucial strategic possibilities, considerable time savings as well as remarkable cost efficiency for the launch of new products.

Further information under: www.innoveo.com

Innoveo is a member of the Oracle PartnerNetwork

Innoveo Solutions enjoys its new membership to the Oracle PartnerNetwork, which is illustrating the long and successful deployment of our insurance frontend solution – Innoveo Skye® integrating Oracle databases.

Our partnership with Oracle helps us to leverage our expertise and build on the strong foundation that Oracle's technology provides.

Innoveo news.

Cross-posted on the Innoveo blog.

Comparison of Open Source Application Servers

I have found - by accident really! – a very interesting presentation on SlideShare concerning the different leading Open Source Application Servers on the market.

This very solid evaluation is proposed by OpenLogic.

I have summarized parts of it below.

Goal of the presentation /

Help you choose which open source application servers to evaluate more thoroughly:

• JBoss
• GlassFish
• dm Server
• Geronimo
• Tomcat

Which open source application servers are your using or considering using /

J2EE Didn't Fill the Need /

• EJB 2 is difficult to use
  • Many people consider it unnecessary difficult
  • Entity Beans were especially problematic
  • But even session beans earned bad reputations
• The Open Source community responds
  • OSS packages mitigating the problem
    • Hibernate instead of Entity Beans
    • Spring as a component model
  • They were very successful in the marketplace
• Many Spring/Hibernate applications
  • Required only Tomcat to run but also work in full app servers

When Tomcat Is Not Enough /

• Tomcat doesn't support
  • JMS
  • EJBs
  • Other...
• Enterprises need integration
  • The more mature the app is, the more likely it is to be added
• Add-ons
  • It was possible to add things that Tomcat was missing
  • But this became a “build your own Frankenstein” exercise

Java Enterprise Edition in the Meantime /

• Weaknesses in EJB 2 model were recognized
• Work on new specification was completed
  • J2EE → JEE 5
  • EJB 2 → EJB 3
    • Entity Beans → JPA
• EJB 3
  • Simple annotation-based programming model
  • Not everybody adopted EJB 3
• JEE 6 will embrace modularity
  • Profiles, including web profile

Choices in 2007 /

• Use Spring
  • Start with full app server
  • Start with Tomcat, build from there
• Use EJB 3
  • Requires full app servers
• Full application server
  • Pros – everything you are likely to need, could use EJB
  • Cons – complexity, might use more resources then Tomcat
• Tomcat
  • Pros – small, simple, low resource usage
  • Cons – you might need to build your own app server, no EJB

OSGi /

• Started in 1999
  • Recently got a lot of exposure
  • In particular, R 4.1
    • JSR-294
• OSGi brings
  • Dependency management and modularity
  • Ability to load only parts it needs
• OSGi currently has a lot of mindshare

The central questions /

• Decisions, decisions
  • EJB 3 or Spring
  • Spring on dm Server or on J2EE/JEE server?
  • OSGi or not OSGi
  • Do I need EJB 2 compatibility?
  • In addition, there are many “old” considerations
• Servers are not “all inclusive”
  • EJB 3 apps won't work on SpringSource dm Server or Tomcat

Assessment JBoss /

JBoss Thought Leadership Complete ecosystem Portal ESB BPM JBoss has history of innovation Pioneer of EJB 3 Seam Application Framework Web Beans OSGi Support in JBoss 5	JBoss for Developers Excellent customizability JMX-based, don't deploy what you don't need Seam is worth a look for developers JDK 6 with 4.2.3 and 5.0 GA JDK 5 compiled binaries work on both JDK 5 and JDK 6 JBoss IDE Eclipse-based JBoss Tools Free version (RHDS is paid version)
JBoss in Production Dependability Excellent clustering and failover capability Reliable in production Monitoring and deployment capabilities Not really oriented toward system administration out of the box Command line/file edit flavor of configuration GUI tools (Tomcat manager and JMX Console) are fairly basic Excellent 3rd party tools available for monitoring Hyperic GroundWork IT JON *	JBoss – Conclusions Strengths Mature, scalable and reliable Good support for J2EE and EJB 3 Seam framework Weaknesses Limited GUI-based configuration in open source version LGPL License may be a concern for ISV's embedding app servers

Assessment SpringSource dm Server /

SpringSource dm Server Newcomer Released in April of 2008 GPL license Incorporates many mature components Spring Framework Tomcat Equinox dm Server users are very early adopters Different take on app server OSGi support No support for EJB No JMS out of the box	dm Server for Developers Server works well with Spring Framework IDE Spring IDE - IDE for Eclipse platform Support for NetBeans and IntelliJ OSGi support Resolves “dependency hell” But requires application migration to take advantage of it Supports Java 5 and 6
dm Server Thought Leadership OSGi-based Good OSGi implementation OSGi discussed a lot in their documentation No support for EJB No support for EJB 3 or old EJB 2 spec Spring offers similar functionality to Seam Which is somewhat more mature Although some of the Seam ideas might be somewhat more powerful Bijection	dm Server – Conclusions Strengths Support for Spring Framework Support for OSGi Weaknesses Newcomer No EJB Limited experience among workforce

Assessment Tomcat /

Tomcat First release (3.0.x) in 1999 Apache license Servlet container Lightweight server Used in many other app servers JBoss dm Server Geronimo	Tomcat – Conclusions Strengths Lightweight Well known and tested Fast startup/deployment for development Weaknesses No support for EJB, JMS or almost anything else outside of “web side”
Tomcat in Development and Production Tomcat 6 supports Clustering Failover Widely used for both development and production Supported in most popular IDEs

Conclusions /

• App servers are not just about the JEE specs
• Make some high-level decisions before evaluation
  • Do I need EJB 2 compatibility?
  • Do I intend to follow EJB 3 and other industry standards?
  • Do I need something fast, lightweight, and easy to use?
  • Do I have a need for lifecycle management of server components (through OSGi)?
  • Do I need support for dynamic languages like Groovy and JRuby?
  • Am I an early adopter of new technology?

Recommendations /

• “I’m using EJBs and I’m conservative”
  • JBoss, GlassFish
• “I don't need XA/JMS/EJB”
  • Tomcat, JBoss, GlassFish, dm Server
• “I’m using Spring”
  • Conservative - JBoss, Tomcat, GlassFish
  • Leading edge - dm Server
• “I need to embed an app server in my commercial code”
  • Tomcat, Geronimo
• “I use Spring heavily and I need OSGi”
  • I need it today and don't need EJBs - dm Server
  • I need it soon and/or need EJBs – GlassFish, JBoss
• “I use Seam”
  • JBoss
• “I want ActiveMQ/Spring/Hibernate preinstalled”
  • Geronimo
• “I need dynamic language support”
  • Groovy/Grails – dm Server, JBoss, GlassFish
  • JRuby/Rails - GlassFish, Geronimo

Innoveo Skye – Product strategy workshop

Yesterday and today, workshop with the Innoveo Management Team near Zurich for refining and documenting our Innoveo Skye™ (content, scope, roadmap) software solution for insurances (front-end and distribution).

More information there about Skye™.

 

Innoveo at the InsuranceCom conference

Innoveo was again this year partner of the InsuranceCom congress in Zurich.

Lot of very interesting presentations (main topic was innovation this year) and many very good contacts and exchanges!

Innoveo - A real life example of productive SOA solutions

Two years ago a first version of the publication “Service Oriented Architecture for Dummies” has been published. Therein our reference customer, the Helvetia Insurance Group, was mentioned together with the solution we have successfully put in place for them.

In the second, reviewed edition, Innoveo has been dedicated again one full chapter of the book. Still our solution is considered to be a practical, state of the art example of how SOA can work in real life, creating both, an enhanced efficiency and cost optimization on the IT side as well as real business benefits on the customer side.

We are proud of having been selected by Judith Hurwitz for her book and we wish Judith again an amazing success with this new publication.

Find more information about the book on Judith Hurwitz’s Weblog. Judith is one of the authors and we’ve had the pleasure to be directly in contact with her to discuss the content and the progresses we’ve made in the time between the first and the second edition.

You can order the book at Amazon.com.

Get additional information about our consulting services and our insurance frontend solution Innoveo Skye™ by visiting our company website.

cross-posted as Innoveo News.

Scenarios For 2009: How CIOs Should Prepare (Forrester research)

via Ed Cone

Ed is pointing to a very interesting document from Forrester about the reactions of CIOs, classified by sectors. Including the Finance &  Insurance industries.

For the Insurance Industry, the analysis of Forrester is quite aligned with what we are perceiving at Innoveo.

The analysis is very recent and was presented during a webinar on December 11, 2008.

What is the insurance industry doing to address the downturn?

• Anticipating more cut backs for 2009.
• Insurance has already made significant cuts in IT spending early in 2008.
• Growth in IT purchases for Finance & Insurance:
  • 2007: +8%
  • 2008: -2%
  • 2009: -3%

How will the recession affect the Insurance Industry?

• Shallow recession: GOOD
• Deep recession: NEUTRAL

What are firms in these sectors doing to address the downturn?

• Most firms focus on IT’s traditional cost-cutting tactics.
• New investments (30% of the overall costs):
  • Portfolio segmentation
    • Use commodity / low-cost resources
    • Eliminate large-sized efforts
    • Focus on short-term returns
  • Adopt lean thinking, reduce complexity
  • Shorten planning horizons
• Operational costs (70% of the overall costs):
  • Consolidation/standardization, consistent with the business model
    • Data centers, server/storage virtualization
    • Consolidate and squeeze vendors
    • Centralization of IT contracts
  • Lean thinking — reduce complexity,
  • Staff and asset utilization optimization
    • Delay upgrades and refresh
    • Downgrade for lower volumes
    • Automate where it makes sense

The Finance & Insurance sectors are considering to invest in the following actions in 2009:

• Retiring older applications or technologies to save support costs 50%
• Adjusting project portfolios to increase near-term return on investment 55%
• Assessing the IT organization structure to improve efficiencies 60%
• Investing in technologies such as automation to reduce IT operating costs 70%

Leading firms take multiple alternative approaches:

• Traditional IT tactics to deliver short-term results
• Agility to offer alternatives in the long run — providing a lasting ability to rapidly shift partners, customers, and markets
  • Focus on increasing ability to change: adding/removing services, reselling services from third parties, channel integration
  • Focus on external interfaces to data and systems
    • Apply SOA for strategic flexibility
    • Look to third parties for flexible interfaces
  • Increase flexibility of contracts
  • Employ agile development methodologies
• Innovation to accelerate out of the downturn — new business models and product/service offerings in addition to operational improvements
  • Accelerating out of the downturn requires a strategic focus, but without higher overall costs
  • Use a portion of CapEx for innovative ideas
  • Focus innovation criteria on business strategies
  • Use Web 2.0 technologies to farm ideas from across your Innovation Network — internal and external
  • Employ a different idea pipeline / steering committee
  • Keep investment performance metrics

Summary for the Finance & Insurance sectors:

 

Innoveo Skye, a Swiss made software!

At Innoveo, we are member of the swiss made software community, since our creation.

"swiss made software" is the new label of the Swiss software industry. International software companies like Google, IBM or Microsoft have discovered the Swiss values - quality, reliability and precision - in software development and have established important research and development centers in Switzerland. If you are looking for Swiss values and innovation, openness and flexibility in software, choose your partner from this site.

Our software product – Innoveo Skye – is now also listed in the new product part of the swiss made software website.

Description: Innoveo Skye is a generic, flexible insurance sales solution. It supports an unlimited number of products and services, all lines of business (life and non-life) and all sales channels. Industrialize  
Technology: Insurance-specific, J2EE (TM) based IT solution on commercial (Weblogic (TM), Websphere (TM), ...) and open source (JBoss (TM)) infrastructure stacks, together with a wide range of business-oriented services. 

Articles, conferences, reports, books, collaterals and video

Above an updated list (per October 18, 2008) of the different publications, articles, conferences, reports, books, collaterals and video linked with my work in the last years by Helvetia, ecenter solutions, and now, innoveo!

 

	ARTICLES
1	31.10.2002	German, English	Switzerland	Schweizer Versicherung	pdf DE, pdf EN, url
2	26.11.2004	French	France	01 Informatique	pdf, url
3	06.01.2006	English	USA	CIO Insight	pdf, url
4	01.02.2006	English	Rusia	The Insurer	pdf, url
5	11.04.2006	English	USA	FinanceOnWindow	pdf, url
6	11.04.2006	English	USA	Finextra	pdf, url
7	12.04.2006	English	USA	CRMtoday	pdf, url
8	13.04.2006	English	USA	InfoWorld	pdf, url
9	20.04.2006	English	Australia	ComputerWorld Australia	pdf, url
10	24.04.2006	English	USA	ComputerWorld	pdf, url
11	30.04.2006	English	USA	Enterprise Networks&Servers	pdf, url
12	15.05.2006	English	NewZealand	ComputerWorld NewZealand	pdf, url
13	30.06.2006	German	Switzerland	Netzwoche	pdf, url
14	01.07.2006	English	USA	Insurance Networking	pdf, url
15	10.07.2006	English	USA	Computerwire	pdf, url
16	24.07.2006	English	USA	GlobalServices	pdf, url
17	04.09.2006	German	Germany	ComputerZeitung	pdf, url
18	06.11.2006	English	USA	Baseline	pdf, url
19	01.11.2007	German	Switzerland	ICT in Finance	pdf, url
	CONFERENCES
1	16.04.2003	German	Switzerland	Euroforum - VersicherungsIT	pdf, url
2	15.09.2005	German	Switzerland	IT-Strategie-Forum	pdf, url
3	29.11.2005	English	Russia	International Conference	pdf, url
4	15.05.2006	English	Italy	HP Enterprise Executive Summit	pdf, url
5	19.09.2006	English	Belgium	euroOSCON	pdf, url
	REPORTS
1	19.11.2005	English	USA	Thoughtware Worldwide	pdf, url
2	01.11.2006	English	USA	Hurwitz & Associates	pdf, url
3	01.12.2006	English	USA	Butler Group report	pdf, url
4	16.01.2007	English	USA	Celent	pdf, url
5	01.06.2007	English	USA	ovum report	pdf, url
	COLLATERALS
1	01.01.2001	German, English	Switzerland	HP Success Story	pdf DE, pdf EN
2	01.01.2002	German, English	Switzerland	HP Success Story	pdf DE, pdf EN
3	23.10.2006	English	USA	HP Success Story	pdf
4	01.08.2008	English	Switzerland	HP Marketing Collateral	pdf
	VIDEOS
1	01.10.2006	English	USA	HP Video	url

AIG nationalized: just crazy…

via AIG announcement

Wow, one of the biggest insurance companies, AIG, was nationalized by the Fed some hours before being bankrupt!

Just to give you an idea about the size of AIG (2007 figures):

• revenues: $110.1 billion
• net income: $6.2 billion
• assets: $1’060.5 billion
• 116’000 employees
• 700’000 agents, brokers, sales representatives
• 74 million customers

 

AIG Statement on Announcement by Federal Reserve Board of $85 Billion Secured Revolving Credit Facility

 

The Board of Directors of American International Group, Inc. (NYSE:AIG) issued the following statement in response to today's announcement by the Federal Reserve Board that the Federal Reserve Bank of New York is providing a two-year, $85 billion secured revolving credit facility to AIG that will ensure the company can meet its liquidity needs:

"The AIG Board has approved this transaction based on its determination that this is the best alternative for all of AIG's constituencies, including policyholders, customers, creditors, counterparties, employees and shareholders. AIG is a solid company with over $1 trillion in assets and substantial equity, but it has been recently experiencing serious liquidity issues. We believe the loan, which is backed by profitable, well-capitalized operating subsidiaries with substantial value, will protect all AIG policyholders, address rating agency concerns and give AIG the time necessary to conduct asset sales on an orderly basis. We expect that the proceeds of these sales will be sufficient to repay the loan in full and enable AIG's businesses to continue as substantial participants in their respective markets. In return for providing this essential support, American taxpayers will receive a substantial majority ownership interest in AIG.

"We commend the Federal Reserve and the Treasury Department for taking this decisive action to address AIG's liquidity needs and broader financial market concerns. We thank them for their leadership during this critical time for the global financial markets. We also thank Governor Paterson, Commissioner Dinallo, Commissioner Ario, the other state Commissioners, and the Office of Thrift Supervision for their willingness to assist AIG.

"Policyholders of AIG companies around the world can rest assured that AIG's commitments will continue to be honored."

Not just start-ups can be confronted with cash-flow issues! Crazy…

Extremely good news for Innoveo today!

Although I am already on holidays, I would like to mark this day and to share my excitement with you all!

:-)

After about six months, we have reached a a great team-achievement again.

More “explicit information” to share with you in the coming time!

(and no, this has nothing to do with the fact that we are going to St Barth in some hours!)

Innoveo Launches New Corporate Identity

Dear customers, partners and friends

After 9 exciting and successful months on the market, we are proud to introduce our new corporate identity. It now represents our personality, culture, spirit and soul in a more appropriate way, as it has been built on our company’s…

VALUES /

• INNOVATION
• QUALITY, PROFESSIONALISM AND TRANSPARENCY
• TRUST AND RESPECT
• DYNAMISM AND FUN

MISSION /

• ENABLING BUSINESS INNOVATION

VISION /

• BE RESPECTED LEADERS IN CONNECTING THE INSURANCE BUSINESS WITH TECHNOLOGY

 

Find below our new Logo and get additional information about our CONSULTING SERVICES and our insurance framework INNOVEO SKYE by visiting our new company WEBSITE.

 

We are looking forward to a continuous successful co-operation and collaboration with you all under our new brand!

For the Innoveo Team,

Didier

PS1: a BIG THANK to Laurent for the great and efficient .Net implementation.

PS2: another BIG THANK to Andreas Koch, our absolutely great designer, for his support, commitment, and creativity.

PS3: another THANK to evaluant for their great Open Source product, EUSS (Evaluant Universal Storage Services).

PS4: and the last THANK to wygwam for their great help in the field of CSS.

Cobol is the future...if you agree or not!

via Ed Cone

Okay, I am a bit provocative ;-)

Cobol is surely not the development language you want to program with as Software Engineer today.

On the other side, one figure remains in my mind since more than 12 years. In 1995, there were more than 80 billion (billion, not million) SLOC (single line of code) developed in Cobol worldwide and in production. 80 billion! People thinking that you can get rid of these in the midterm are just....wrong ;-)

It was funny to read this post of Ed this morning:

And the hot new tech job is...COBOL programmer?

Let's not get ahead of ourselves, but readers of this post about antiquated Pentagon systems are crowing about demand for old-school skills.

Says a commenter who goes by "Sing": I do not know any young programmers that are interested in learning COBOL, but I do know a lot of older programmers that are looking forward to the inevitable jump in salary.

A recent report claimed that 65 percent of core systems at surveyed companies in the insurance industry were written in legacy code, including COBOL. And a computer science prof I spoke with says the skills crunch is for real, with big iron outlasting the folks who know what to do with it.

Related: Vint Cerf says, "Over time the bits we accumulate that represent value will not be able to be interpreted. We have to maintain the meaning of the data we accumulate."

I am working in the Insurance Industry for a while and I personally think that much more than 65% of the legacy systems are written in Cobol... My perception is that we are near a 80-85% level, at least... Perhaps more the case in Europe? Could be!