eBaoTech Corporation Named Top-Tier Software Vendor by APPS RUN THE WORLD in the APPS and CLOUD TOP 500 Market Report

416 eBaoTech Corporation

eBaoTech Corporation Strengths, Domain Expertise, and Key Differentiators

eBaoTech's product portfolio encompasses a range of cutting-edge solutions designed to address the evolving needs of insurers. At the core of its offerings is the eBao Cloud, a cloud-native platform that serves as the foundation for digital insurance transformation. Built on open APIs, the eBao Cloud enables real-time connectivity and transactional capabilities, empowering insurers to seamlessly integrate with traditional channel partners, affinity partners, and InsurTech startups. Additionally, eBao Software offers core system suites tailored for life, P&C, and health insurers, as well as reinsurers. These comprehensive solutions cover the entire insurance policy lifecycle, from underwriting and policy administration to claims management and reinsurance.

eBaoTech Corporation Recent Developments

In the ever-evolving landscape of Insurtech, eBaoTech's latest offering, the eBaoCloud InsureMO, stands out as a beacon of innovation and efficiency. Recent developments in the industry have been nothing short of transformative, with eBaoTech leading the charge towards a more interconnected and agile digital insurance ecosystem. With the launch of eBaoCloud InsureMO, also known as Insurance Middle Office, eBaoTech has once again demonstrated its commitment to driving meaningful change within the insurance sector. Building upon its success in markets across the Asia Pacific and Europe, eBaoTech's InsureMO platform offers insurers an open API platform for rapid innovation and seamless connectivity. This recent development marks a significant milestone for eBaoTech, as it solidifies the company's position as a leader in cloud-based insurance solutions. By leveraging the power of cloud computing, InsureMO enables insurers to adapt and thrive in an increasingly digital world. With its open API platform, InsureMO facilitates collaboration among all stakeholders within the insurance ecosystem, streamlining processes and enhancing overall efficiency.

eBaoTech launched eBaoCloud InsureMO, or Insurance Middle Office, after successful adoptions in China and several other markets in the Asia Pacific and Europe. eBaoCloud InsureMO provides an open API platform of fast innovation and deep connectivity, to enable all parties in the digital insurance ecosystem, and to bridge numerous channels and business scenarios to various traditional core systems of insurance companies.

eBaoTech Corporation Customers in ARTW Customer Database

Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying eBaoTech Corporation applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of eBaoTech Corporation and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified eBao Cloud, eBao InsureMO customers.

eBaoTech Corporation Overview

Building 3, KIC Plaza 270 Song Hu Road

Shanghai, x, 200433, China

86 21 6140 7777

https://www.ebaotech.com/


Ownership: - x

Number of Employees: 1800

Functional Markets: ERP Services and Operations,

Key Verticals: Life Insurance, P&C Insurance, Specialty Insurance,

eBaoTech Corporation Key Enterprise and Cloud Applications

eBao Cloud, eBao InsureMO

eBaoTech Corporation Revenues, $M:

Type/Year20222023YoY Growth, %
Total Revenues, $M Subscribe Subscribe Subscribe
Enterprise Applications Revenues, $M Subscribe Subscribe Subscribe
Cloud Applications Revenues, $M Subscribe Subscribe Subscribe

* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.

eBaoTech Corporation Revenue Breakdown By Type, $M:

TypeLicenseServicesHardwareS&MSaaSPaaSIaaSOtherTotal
% of Total Revenues Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe 100%
Revenues, $M Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe

eBaoTech Corporation Revenues By Region, $M

Region% of Total Revenues2023 Total Revenues, $M2023 Enterprise Applications Revenues, $M2023 Cloud Applications Revenues, $M
Americas Subscribe Subscribe Subscribe Subscribe
EMEA Subscribe Subscribe Subscribe Subscribe
APAC Subscribe Subscribe Subscribe Subscribe
Total Subscribe Subscribe Subscribe Subscribe

eBaoTech Corporation Direct vs Indirect sales

RegionDirect SalesIndirect SalesTotal
Type % Subscribe Subscribe Subscribe
Revenues, $M Subscribe Subscribe Subscribe

eBaoTech Corporation Customers - Breakdown by Geo, Size, Vertical and Product

List of Verified eBaoTech Corporation Customers


No. of eBaoTech Corporation Customers: 200

No. of eBaoTech Corporation Enterprise Applications Customers: 200

No. of eBaoTech Corporation Cloud Customers: x

No. of eBaoTech Corporation Cloud Subscribers: x


eBaoTech's unparalleled success is reflected in its vast clientele, comprising over 200 insurance carriers and a multitude of ecosystem players worldwide. From industry giants such as AIG and AXA to regional powerhouses like NTUC Income and Taiping Life, eBaoTech's solutions resonate across diverse markets and geographies. With a strong presence in key regions including Asia-Pacific, North America, and Europe, eBaoTech continues to expand its global footprint, spearheading digital transformation initiatives and reshaping the future of insurance on a global scale.

eBaoTech Corporation Market Opportunities, M&A and Geo Expansions

The launch of eBaoCloud InsureMO presents an unprecedented opportunity for insurers to expand into new regions and tap into emerging markets. By embracing cloud-based technology, insurers can overcome traditional barriers to entry, such as infrastructure limitations and regulatory complexities, enabling them to establish a presence in geographies with untapped growth potential. Moreover, the scalability and flexibility offered by eBaoCloud InsureMO empower insurers to adapt their offerings to local market dynamics and regulatory requirements swiftly. Whether entering burgeoning markets in Asia-Pacific or expanding into established markets in North America and Europe, insurers can leverage eBaoCloud InsureMO to drive innovation and capture market share in diverse regions.

In the ever-evolving landscape of the insurance industry, embracing technological advancements is no longer an option but a necessity for survival and growth. As we delve into the realm of digital transformation, one platform stands out as a beacon of innovation and adaptability: eBaoCloud InsureMO. This pioneering platform, initially launched in China and subsequently piloted in the Asia Pacific and Europe, has witnessed remarkable adoption rates and success stories, positioning itself as a trailblazer in the global insurance arena.

eBaoTech Corporation Risks and Challenges

Coordination of working activities in different parts of the world poses a significant risk to global success in the tech industry. Cultural differences, language barriers, and time zone disparities can hinder effective collaboration and hinder project execution. To mitigate these risks, companies must invest in technology-enabled collaboration tools, establish clear communication protocols, and foster a culture of inclusivity and respect for diversity. Additionally, implementing agile project management methodologies and conducting regular cross-functional meetings can facilitate alignment and synergy among geographically dispersed teams.

eBaoTech Corporation Ecosystem, Partners, Resellers and SI

The strategic partnership between eBaoTech and NTT Data transcends traditional vendor-client relationships, fostering a vibrant ecosystem of collaboration and innovation. By aligning their respective strengths and expertise, both companies are poised to deliver comprehensive, end-to-end solutions that address the evolving needs of insurers in Japan. The integration of InsureMO middleware into NTT Data's ecosystem paves the way for seamless interoperability with a diverse array of applications and services, enabling insurers to leverage best-of-breed solutions and drive sustainable growth in the digital era.

The collaboration between eBaoTech Corporation and Neutrinos exemplifies the transformative potential of strategic partnerships in driving digital innovation within the insurance sector. As stakeholders continue to navigate the complexities of the digital landscape, the synergy between InsureMO and Neutrinos' MXDP emerges as a catalyst for change, paving the way for enhanced customer experiences, operational efficiency, and sustainable growth.

eBaoTech and Willis Towers Watson team up to provide a robust, one-stop insurance middle office platform to accelerate digitalisation across the sector. The collaboration will see Willis Towers Watson’s rating engine, Radar Live, integrated with eBaoTech’s middle office platform, InsureMO, which is designed for open API collaboration. The bundled solution will greatly enhance the capability of insurers, brokers, agents, MGAs and InsurTech startups to handle the overwhelming volume, variation and speed demands of today’s digital insurance marketplace. Based on cloud-native architecture, the middleware platform contains a full set of insurance microservices across all general, life, group and health products and processes such as quotation, underwriting, endorsement, cancellation and renewal.

Among eBaoTech's partners are Avalant, Amazon AWS, Chungwa Telecom, Cognizant, DataOne Asia, Everis, HCL, HP, IBM, Infosys, INGRAM, KPMG, LTI Lets solve it, Mindtree, Neuron Network, and many others.

eBaoTech Corporation Cloud Infrastructure Insights

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  • eBaoTech Corporation Public Cloud and Infrastructure (IaaS)
  • eBaoTech Corporation Platform (PaaS)
  • eBaoTech Corporation Application Delivery
  • eBaoTech Corporation Private Cloud and Data Centers

Research Methodology

Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.


Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).


For additional information on our methodologies, here's the link:

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Buyer Intent: Companies Reading this Research Report
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  1. DreamVPS, a Israel based Professional Services organization with 20 Employees
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  3. SITA UK, a United Kingdom based Aerospace and Defense organization with 200 Employees
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