Tech group Smart Employee Benefits Inc (CVE:SEB) revealed that its administrative services division, which deals with health benefits processing, will use Microsoft Azure as its cloud solution to power its tech.
"Microsoft Azure will enhance SEB Admin's global reach and ability to build, deploy, scale, and manage applications to accelerate FlexPlus platform development, adding new experiences and significant value to our clients and their employees," said Mohamad El Chayah, the president and chief executive of SEB Administrative Services Inc.
Its FlexPlus platform currently renders benefits administration services to more than 330,000 members.
Earlier this month, the firm said it had renewed multi-year benefit contracts worth more than C$350mln over the last nine months alone.
Azure provides application services and allows for the development of SEB Admin FlexPlus Exchange for Small and Medium Businesses using any language, tool, or framework, the firm noted.
John Bruno, the general manager of Azure Global Infrastructure, Microsoft Corp. "Using Azure IaaS and PaaS services allows SEB Admin to rapidly develop and deliver content-rich health, wealth, and retirement processing solution to its customers."
SEB has SaaS (software as a service) processing solutions for managing employer and government-sponsored health benefit plans on a BPO (business processing outsourcing) business model, globally.
Over 80% of the group's revenues derive from government, insurance and healthcare organisations.
SEB shares were unchanged at C$0.195.