Cape Horn is one of the most beautiful cities in the world! And they are also embracing SOA in their growth!
For instance, the Professional Provident Society (PPS) is a South African provider of insurance products to a highly-specialized market: graduate professionals such as doctors and lawyers. The company has been in existence since 1941 and is a leader in its niche. They wanted to improve their ability to bring new products to market in order to respond to changing customer demands and stiffening competition.
PPS replaced all of its legacy systems with a completely new, modular application infrastructure based on the principles of the IBM Insurance Application Architecture (IAA) which is based on SOA. The common IAA-based platform unified several previously disparate policy systems.
This solution has enabled PPS to bring nine new insurance products to market in less than one year, allowed rapid modification of new products in response to competitor actions, reduced application development costs by 50 percent, decreased audit findings by approximately 80 percent, eliminated more than 90 percent of system code, and significantly improved controls for collecting premiums.
Awesome results for South Afrcia!