Ebix and Data Glove Technologies to offer Cloud Sevices to Insurance, Banking and Healthcare Industries

Ebix has now signed a strategic deal with Data Glove Technologies, which specialized in managed services, infrastructure, and cloud services.

Data Glove Technologies is a global IT company with its core expertise in Managed Service, Infrastructure Management, Data Center, and Cloud Services.

Rajiv Korpal, EVP, Global Sales and Services, Data Glove, Rajiv Korpal, said, "This JV will have a simple goal: to provide transformative solutions that deliver exceptional outcomes. The combined blend of industry domain expertise and cloud & infrastructure support expertise positions us together as a powerful force, to win large strategic deals in these industries."

President, Insurance Solutions North America, Ebix, Ash Sawhney, said, "This is a significant addition to our repertoire of offerings in North America, and a very timely one. Establishing a Cloud strategy and developing a roadmap is a key priority for most of our clients, which include hundreds of top tier insurance companies, healthcare companies, banks, and large distributors. The insurance and financial industries continue to be supported by legacy backoffice systems which are hard and expensive to maintain. Our goal is to create a roadmap to migrate those legacy applications to the Cloud, thereby bringing enormous efficiencies and cost savings to our customers."

Both the companies plan to set up two Joint ventures in India and the US, targeting the infrastructure ad cloud support areas in the field of Banking, Financial, and Insurance industries in both geographies.

The Joint Venture in the US will help to target the Canadian and US market. On the other hand, India Joint Venture will serve ASEAN, Europe, and the Asia Pacific region.