Acknowledging that "platform" has become a technology buzzword, the term has value in signaling a division of labor. Guidewire's place in that division was as an organization to build what he called a solid and standardized foundation that lets insurers focus on their competitive value proposition. "In our case, the scope of Guidewire InsurancePlatform is nothing less—or more—than the global P&C industry" he said. "As our mission reflects, delivering an industry platform in a time of rapid change commits Guidewire to a journey beyond our original ambitions."