12 blog posts tagged "On-premise vs. cloud"

For two days, Smarty users gathered together with other address data experts for Pinpoint, Smarty’s first virtual user conference, where developers, industry experts, and product specialists talked all things addresses and pulled back the curtain on address data solutions. Attendees asked questions about cloud-based software, the impact of accurate address data on fintech and insurance companies, and the ROI of good address data across all industries. Plus, attendees got to take a peek behind the scenes and see what makes Smarty’s address data solutions tick.

You’ve maybe chosen an address data provider (or maybe you’ve just recently fallen out of love with the one you’ve got). Now comes the time to really test what matters: implementation. Even the best solution falls short if it’s hard to integrate, confusing to use, or impossible to maintain. This blog is part of our five-part series, What to look for in an address data solution. Previously, we discussed why human support teams should be top of mind when choosing an address data solution. Not just tech support, but educational materials, help getting started, and more.

84% of customers say the experience a company provides is as important as its products or services, according to a Salesforce report. Over the past decade, the insurance market has become saturated with endless products and options. Buyers have adjusted and evolved in response to the buffet of insurance options, becoming more sophisticated and specific in what they need and want. To keep these sophisticated buyers at your insurance smorgasbord rather than the other guys’, it’s essential to understand their new and improved expectations.

Remember that phrase we all used in middle school, “Well if you love it so much, why don’t you marry it?” Well, we couldn’t agree more. Address data and insurance claims have been partners in an ever-evolving landscape of technology and property for years. Insurance claims rely on geocoding to find the exact location, and property data is used to assess the property's condition and attached amenities before losses. Efficiently deploying adjusters and accurately assessing damage is impossible without accurate address data.

OREM, UT, July 16, 2024 — Smarty, the address data intelligence leader, announces today the launch of US Secondary Address Data, a new address enrichment API product that seamlessly integrates into an organization's existing systems. Smarty’s US Secondary Address Data provides the exact number of units within a building, such as a business complex and apartment building, including the complete and verified secondary addresses. This functionality is crucial for any organization looking to further market research efforts, create go-to-market plans, boost marketing effectiveness, enhance customer relations, and ensure regulatory compliance.

In a recent webinar, Berk Charlton, Chief Product Officer at Smarty™, provided an in-depth look at our industry-leading address intelligence suite designed to provide highly accurate geocoding and address validation. Here are the main points Berk covered during the session:Comprehensive product suite: Smarty offers a wide range of products, including address validation, rooftop geocoding, global address auto-complete, and address data enrichment. These tools are designed to handle various aspects of address management and enhancement in industries from Insurance to Healthcare to Telecom and more.

When considering business software tools for Customer Relation Management (CRM), Business Intelligence (BI), Geocoding, Address Validation, and more, most organizations are either looking specifically for on-premise options, cloud options, or they’re still debating between the two. On-premise and cloud have been dueling each other for many years. However, a new challenger has entered the ring: hybrid cloud. What is hybrid cloud?A hybrid cloud environment uses a mix of on-premises infrastructure, private cloud services, and public cloud services—such as Amazon Web Services (AWS), Microsoft, or Google.

As you're evaluating potential new business software for your organization, inevitably, someone will bring up the cost. Your purchasing department will likely want to know if moving to the cloud is cheaper than on-premise solutions or vice versa. "Money doesn't grow on trees," they might remind you. To truly compare cloud vs on-premise costs, you should first calculate the total cost of ownership or TCO. The TCO is a financial estimate created to help buyers and owners determine the direct and indirect lifetime costs of a product or service.

A plethora of inspirational quotes float around the internet and office lobbies about how "Wise men don't blindly follow rules, they use them as guidelines" or "Making up your own rules is the trick to success. "That's great for a motivational speech, but for industries like healthcare, insurance, banking, and others, the rules are very important. These are some of the most regulated industries in the United States; organizations in these industries must comply with strict rules and regulations from the government.

No matter the industry, data security is, and always will be, paramount. Data breaches can cause significant revenue loss and customer trust. No doubt you remember the 2017 Equifax data breach. This breach affected 148 million records, including social security numbers, birth dates, addresses, and, in some cases, driver's license numbers and credit card information. Equifax paid out $700 million in damages to help people affected by the data breach, and suffered through reputational damage and congressional inquiries.

Since the coronavirus pandemic swept the globe in early 2020, organizations have realized that being successful in the digital age requires agility not just in software development and delivery, but also in business strategy and operational execution. Achieving agility in your business's actions and reactions requires a culture of continuous improvement—and the right software to support those actions!Every company relies on a network of complex systems and software, including Customer Relation Management (CRM), Enterprise Resource Planning (ERP), Business Intelligence (BI), Geocoding, Address Validation, and more.

One of the biggest questions in IT infrastructure planning is whether to go with on-premise or cloud software solutions. Each type of software comes with its own pros and cons. To help organizations choose the software that best fits their needs, we created an executive guide that walks you through 6 key factors and breaks down cloud and on-premise strengths and weaknesses for each factor. Download it here to learn about all 6 factors or read on for an overview of on-premise versus cloud software deployment speed and complexity.