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Conference 35.181::insurance

Title:Insurance Industry Conference
Moderator:ICPSRV::DOVE
Created:Thu Feb 18 1988
Last Modified:Wed Feb 05 1997
Last Successful Update:Fri Jun 06 1997
Number of topics:136
Total number of notes:551

8.0. "Sierra Group Strikes Again" by NYOA::OHARA () Mon Feb 22 1988 10:43

    The following is taken from the 2/15 issue of Computerworld:
    
    	"Despite the company's efforts to expand into new markets,
         more immediate growth opportunities for Digital Equipment 
         Corp. may lie in its proven markets.
        
         A recent study of DEC's opportunities in vertical markets 
    	 shows manufacturers are planning to acquire the broadest range
    	 of DEC systems and that the vendor has made a minimal impact
    	 on the insurance industry.  The study was conducted by Tempe,
    	 Ariz.-based matket research firm The Sierra Group.
                                 .
    	                         .
                                 .
    	 DEC has targeted industries such as the insurance field in
    	 recent years, but 171 insurance firms reported an installed
    	 base of 10 DEC systems, with plans to acquire only two in
    	 1988."
    
    It seems to me that our industry marketing folks need to straighten
    out these "market research" morons.  Our job is tough enough as
    it is.
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8.1We Know ...NCVAX1::DICKSMad Dogs and MadisoniansMon Feb 22 1988 19:137
    Within two hours of when that Issue hit the streets, I had a memo
    to Insurance Industry Marketing and the FIMG Marketing Communications
    people on the same subject.  They are looking into it and will try
    to get it straightened out.  The Sierra Group seem to be batting
    pretty poorly recently.  We are going to try to help them a bit
    more in the future.
    
8.2IIM and FIMG reply here!NCMWVX::KILSDONKAI vs Natural StupidityMon Feb 22 1988 21:534
    When they get it straightened out, could they please place the answer
    as a reply to this note so we all can share it.
    
    Thanks
8.3Rouse the Rabble!!!POBOX::MCDEVITTED_MCDEVITT_474-5124Sun Feb 28 1988 16:0323
    Unfortunately, our P.R. mavens at the corporate level seem to be   
    more reactive than they are proactive. I am always reading how we  
    are responding to the latest bit of misinformation from Sierra Group,
    Batelle, Computerworld, etc. Are we getting our story out adequately?
    I hear of all of the seminars we run for consultants, and still
    find them misinforming our clients and potential clients so that
    we are forced into defensive mode, saying "No! It's not true!" We
    end up sounding like a certain Presidential candidate.
    
    The insurance industry is the most inbred of industries; and its
    people talk to each other, have more specialized (industry-wide)
    associations, and trade information more than any other industry
    in the U.S. So when Sierra Group or any of the so-called experts
    make their statements, they are often comparing unlike systems,
    stating prices which do not include (for example) the much larger
    number of people needed for an IBM solution, and leaving us with
    the clean-up. This kind of stuff can be deadly in the industry,
    especially at this point in the evolution of our marketing strategy.
    
    We need to be more on the ball with our efforts to inform the
    informers. How do we get that message to where it needs to be? How
    do we effect a change from reactive to proactive?�
                    
8.4Calm the Rabble Down for a minute . . .POBOX::MCDEVITTEverybody out to the field!Tue Mar 01 1988 11:1515
    Wal, shut my mouth! No sooner do I write the previous than I receive
    the latest Competitive Update package, which contains two very useful
    pieces. Not that they correct the Sierra Group disinformation; not
    at all. But they are very timely articles. One is on "Cost of Ownership"
    (DEC, UNISYS, IBM) from the Gartner Group. The other is from "Computer
    Economics Report," and is "A Comparison of IBM and DEC Personnel
    Expenses."
    
    Time for a new note: "Useful Competitive Information." I will open
    it.
    
    As for Sierra Group, Batelle, etc.: Why don't we designate an ACT
    to which we would take key people from these companies and consultant
    firms, and sequester them for a week until they could pass a DEC
    test.                                          
8.5Hit them Back -- HARDERUSMRM1::LKATZSun Mar 06 1988 15:369
    The real morons will be those who take the Sierra Group's word as
    gospel.  They are, as their name implies, heavily involved in IBM's
    Sierra series.  Be that as it may, when I first learned of the report,
    I forwarded it to Deb Scheetz who is the FIMG PR person and she
    indicated she would let Computerworld know that we don't appreciate
    reports from biased sources being reported as absolute fact.  Hope
    this helps.
    
    Lee Katz, U.S. Programs
8.6SIERRA GROUP WAKES UPUSMRM1::LKATZFri Apr 01 1988 14:146
The Sierra Group has done a new piece of research which now shows DEC's
    true colors (we influenced 'em a bit).  Look to competitive Update
    and/or the compwetitive Support Team for more info.  Don't know
    if it'll ever see trade press print though.
    
    Lee
8.7Proof of Digital's Success in InsuranceCTOAVX::MURPHYWed Mar 08 1989 19:1511
    What perfidy!  If any of you need ammo, consider this:
    
    AEtna Life Insurance Company currently owns 50+ VAX Systems.  These
    systems were purchased and installed since March of 1986.  (Some
    kind of growth curve, huh?  From zero to 50+ in three years. . .and
    growing as we speak.  I'll close a MV3500 and a VAX 6300 before
    March 31st!)  Another sales rep. recently won a large field office
    opportunity which will mean hundreds of VAX systems in AEtna.
    
    I know that some of the other insurance teams are selling VAX Systems
    as well, so it makes you wonder who these guys surveyed?