Helvetia Patria Doubles Return on Investment with HP Service-oriented Architecture

Helvetia Patria Doubles Return on Investment with HP Service-oriented Architecture

HP customer Helvetia Patria, a leading European insurance company based in Switzerland, has realized significant cost savings, increased profitability and business agility from an HP service-oriented architecture (SOA). According to an independent study by Thoughtware Worldwide, LLC, HP helped the company achieve a 201 percent return on investment(1) over a six-year period with its SOA offering. SOA is an approach for managing computing environments that uses loosely coupled, reusable and standards-based services to address changing business needs.

Helvetia Patria also reduced e-business IT operational costs by 59 percent(1) while it experienced an internal rate of return of 26 percent(2). Additionally, the company was able to decrease the amount of time to introduce new products and services as it looks to expand its market share by opening new distribution channels across Europe.

“In the past, we were spending a significant amount of time and investment maintaining multiple IT environments that created more challenges than opportunities for us,” said Didier Beck, head of the eBusiness Center, Helvetia Patria Group. “HP is a true partner who worked with us every step of the way to create a solution that could speed our entry into new sales channels and market segments.”

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