Sapiens to Integrate SAP BI and Analytics into Core Insurance Suite

Sapiens has struck an OEM agreement with SAP and will use the expertise of IBEXI, which Sapiens recently acquired, to develop a Sapiens BI and Analytics module.

(Image credit: Dollar Photo Club.) 

Sapiens (Holon, Israel) has entered into an original equipment manufacturer (OEM) agreement with SAP (Walldorf, Germany) to enhance Sapiens’ business intelligence (BI) and analytics offerings by incorporating SAP’s BI tools across Sapiens’ core insurance solutions suite.

Alex Zukerman, VP, Product marketing and Strategy, Sapiens.

Alex Zukerman, VP, Product marketing and Strategy, Sapiens.

Sapiens will use BusinessObjects, SAP’s set of BI tools, to help its customers take advantage of data-driven decision-making and operations, according to a vendor statement. The Sapiens BI and analytics offering will include reporting, dashboards, self-service BI, mobile business intelligence and what Sapiens terms powerful data discovery capabilities, with predictive analytics and Big Data enhancements included in the product roadmap. Sapiens will utilize the expertise of the team from IBEXI, which the vendor recently acquired, for the development and delivery of the Sapiens BI and Analytics module.

(Related: Sapiens’ Global Expansion Continues with Acquisition of Polish Insurance Software Vendor)

“After an extensive search process Sapiens chose SAP due to its outstanding industry reputation, broad set of analytical tools, strong BI offering and promising roadmap,” comments Alex Zukerman, VP of product marketing and strategy, Sapiens. “We will use the SAP BusinessObjects BI tools as the analytical foundation of our insurance solutions. With better insight into reliable and real-time business data, our clients will be able to make more informed and accurate decisions, translating to lower costs, greater market share and an improved customer experience.”

“The OEM model enables software companies to empower their solutions by integrating SAP’s solutions and advanced technologies,” comments Rami Menahem, Head of OEM & SME Sales, SAP Israel. “OEM is a fast growing business that generates a ‘win win’ situation for all involved.”

Anthony R. O’Donnell // Anthony O'Donnell is Executive Editor of Insurance Innovation Reporter. For nearly two decades, he has been an observer and commentator on the use of information technology in the insurance industry, following industry trends and writing about the use of IT across all sectors of the insurance industry. He can be reached at [email protected] or (503) 936-2803.

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