The Office of the Insurance Commission (OIC) is upgrading its data operations by partnering with NetApp (NASDAQ: NTAP), a provider of intelligent data infrastructure, to utilize NetApp's data platform, including its enterprise-level data storage system.

Mr. Somkiat Wattanaprasobsuk, Assistant Secretary-General for Information Technology at the Office of the Insurance Commission (OIC), stated, "Data processing and analysis for regulatory purposes are critical to our organization. With NetApp's solution, we can operate faster, reduce data bottlenecks, and efficiently save storage space."

Furthermore, NetApp's data platform allows our IT team to dedicate more time to developing new innovations, such as the Open Insurance Ecosystem and AI-driven regulatory approaches, instead of worrying about maintenance or frequent system outages. We are confident that this stable and reliable infrastructure will support future data growth and strengthen our progress towards becoming an AI-driven organization."

Mr. Arnon Wadithi, NetApp Country Manager for Thailand, said, "As hybrid environments become part of modern business operations, the ability to access and manage data across all environments is essential. This collaboration..." NetApp is pleased to assist the Office of Insurance Commission (OIC) in accelerating innovation and enhancing its data operations to support the development and growth of the Thai insurance industry.

NetApp's data platform is specifically designed to withstand cyber threats and ensure consistent data governance, spanning all workloads in a hybrid cloud environment.

NetApp (NASDAQ: NTAP), a provider of intelligent data infrastructure services, announced that the Office of Insurance Commission (OIC), Thailand's insurance regulator, has recently modernized its data infrastructure with NetApp solutions. The adoption of NetApp's data platform, including its enterprise-grade storage, is central to the organization's digital transformation and sustainability goals, supporting its transformation into a digitally driven, data-centric entity.

This infrastructure modernization enables the OIC to manage and process data more quickly, crucial for operational efficiency and governance, while also strengthening overall cybersecurity and furthering the vision of AI-driven governance, encompassing market monitoring, risk assessment, and fraud detection.

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