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Strategies & Market Trends : The picks

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To: steve susko who wrote (4048)2/6/1997 1:07:00 PM
From: Jeffrey S. Mitchell   of 6124
 
Re: My company's software

Steve,

I list my company name in my profile for whatever that's worth. If you ever fill out a property/casualty insurance form that says ACORD on it, then it was designed by my company for them (they are a trade group representing companies like Traveller's, Prudential, etc).

In 1991, when laser printers first became affordable, we invented a mathematical coordinate system that allowed insurance forms to finally be computerized. This system is now used as the basis for a project called ACORD Objx, an object-oriented way to send data across the internet (aka e-commerce). Microsoft is betting the farm that COM/DCOM beats CORBA for this standard. In layman's terms, MSFT wants all software to communicate with each other the same way their Office Suite and Internet products do.

Microsoft is desperately trying to get insurance companies to offload much of their data to NT servers. However, this is hard to do when no one has written insurance software than runs on NT that can grab data off the internet. That's where my company comes in. That's why I pay my programmers such high salaries. Hey, if I'm going to go broke, why not go broke funding MY company!!!

- Jeff
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