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IT Case UConn Team. Mission and Objectives Remains practical and economical Solves business problems Creates entry barrier to competitors Meets short.

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Presentation on theme: "IT Case UConn Team. Mission and Objectives Remains practical and economical Solves business problems Creates entry barrier to competitors Meets short."— Presentation transcript:

1 IT Case UConn Team

2 Mission and Objectives Remains practical and economical Solves business problems Creates entry barrier to competitors Meets short term and long- term needs ScalableInnovative FeasiblePowerful

3 Green Energy Options

4 “…The company still lacks a regeneration strategy” “[X6] does not produce power, making its energy usage non-sustainable” Green Energy Options

5  Microturbines  Fuel cells  Solar and wind  Vampire power elimination  Employee incentives Green Energy Options Microturbine Electricial Cost $.25/kwh$.06/kwh $.05-.12/kwh Capital Cost $5000/kw$1000/kw$2500-5000/kw$400-1100/kw ProsEmissions free, long life Emissions freeLow emissions, heat reuse ConsNegative ROI, unfeasible in CT Space requirements, unfeasible in CT Negative ROI, immature technology Carbon emissions WindSolar Micro- turbine FuelCell

6 What are Microturbines?  Power and heat generation devices  Run on natural gas or other clean fuels  Very “green”  Many cost advantages  Modular & scalable

7 Microturbine Finance Calculator Scenario 1 – Today’s environment Scenario 2 – High energy prices Scenario 3 – Utility price spike

8 Lower Carbon Footprint High ROI Tax Benefits Heat Reuse Scalable Save the Environment and Save Your Wallet

9 Pay As You Drive Auto Insurance

10 What Are the Issues? “X6’s growth showing signs of slowing…” “ X6 has started exploring new ways to maintain healthy profit growth…”

11 How PAYD Works Signal from Satellite to Vehicle GPS 1 2 Signal from GPS to Privacy CenterData sent from Privacy Center to X6 3

12 Why PAYD? Improved actuarial accuracy Potential to reduce premiums  Market share Consumer interest survey 1. Lower insurance premiums 41.3% 2. Save gas money 39.9%

13 PAYD Simulation Via spreadsheet

14 Reducing Claims One Mile at a Time Driving Profitability and Market Share Traffic and Accidents Uninsured Motorists Pollution

15 System Modernization

16 “17% of the workforce with legacy skills fast approaching retirement…” “New hires only have skills to work with modern technology…” “X6 has a large amount of data dating back to the 1970’s…” “X6 has a large volume of complex data preventing executives from analyzing data…” What Are the Issues?

17 Data Centric Service Oriented Web 2.0 Enabled Platform Independent Location Independent Resource Independent Expertise Independent Why System Modernization?

18 CustomersPremiumsClaims Data Warehouse/Data Mart Service Oriented Architecture Deploy service based enterprise mashups for structural information and other Web 2.0 tools for unstructured information Develop applications toward Service Oriented Architecture Model and transform various data sources to a centralized data warehouse and data mart Roadmap for System Modernization

19 Mashup Example Web based Light weight Building blocks Reusable Real time Dynamic

20 Minimize Workforce Permanent and Portable Solution Situational Awareness Business Oriented Innovative Let Business Drive IT the Way It Should

21 Conclusion BusinessTechnologyBusinessTechnology BusinessTechnologyBusinessTechnology Cost Saving Profit Maximization

22 Questions?


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