| Cologne University of Applied
Sciences is the largest Applied Sciences
University of Germany with its 18,000 students
from 93 countries studying on 45 different
fields. Students of Insurance, Business and
Management departments of the university
are trained on the fields of Information
Management and Software Development with
the most innovative business models and the
most advanced technologies. Professors of
this department follow up the developments
in the market and the new technologies effectively
due to their close relation with the private
sector and with their experience in the industry,
and they introduce the important ones to
their students after detailed analyses. Technologies
of important companies like SAP and PeopleSoft
have already been analyzed and shared with
the students at Cologne University of Applied
Sciences.
We have contacted SFS, which we heard
owned a unique insurance solution integrated
into innovative business models, in order
to examine their technologies. After the
first contacts which went quite smoothly,
we analyzed this solution, the business
models that it covers, and the technology
used also by the biggest insurance companies
of the global insurance industry. We have
done workshops in Germany and in Turkey,
and visited the SFS customers where these
solutions are used.
Strategic, operational and administrative
problem solving capacity, business and
technical functionality, system flexibility,
support services, security and easy-to-use
features of the system were prominent.
Another conspicuous point the solution
contained was the strategy modeling software
with which the companies may create a corporate
strategy and a marketing karma with no
need for any computer programming. After
our examination, we have seen that SFS
has quite an innovative and creative Strategy
Modeling Structure that would
totally reform insurance and finance industries.
This
structure and the model contained therein
was an important factor in our decision
to include the SFS software into our university’s
curriculum. This rule-based designed system
is applicable in all the insurance companies
and insurance brokers in Europe and in
the world.
In conclusion, we wanted to share such
an innovative business model and the advanced
technology integrated into it with our
students more comprehensively, and we have
included it into our curriculum of 2004-2005
with the support of the SFS as well. As
our students have shown a great interest
in it, the 20-week program we planned as
one class only has now been increased to
two classes. Lectures started as of October
11th, 2004. The interest shown by our students
and the results we have so far obtained
in such a short time are highly encouraging.
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