analysis


Saccos in Kenya are ripe for disruption

Saccos in Kenya are ripe for disruption

The growth trajectory gained by deposit-taking Savings and Credit Cooperatives (SACCOs) in 2017 was according to key financial growth parameters appealing. With total assets increasing to Ksh 442.27 billion in 2017, it reflected a growth rate of 12.4 percent from the previous year. The total loans shot to Ksh 331.2 billion reflecting a hike of 11.29 percent from 2016; while deposits grew to Ksh 305.3...

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data analytics

WHY ANALYTICS IS HERE TO STAY

Analytics is a wave from the future. Terms like Business Intelligence and Big Data are becoming as common as “supply”, “market analysis” etc. Clearly, analytics is here to stay and you/your company should join the bandwagon- if you haven’t yet. Wikipedia defines analytics as, “The discovery, interpretation, and communication of meaningful patterns in data.” Further definitions state, “Analytics is the systematic computational analysis of data.”...

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WHAT COULD GO WRONG WHEN YOU INVEST IN BUSINESS INTELLIGENCE?

WHAT COULD GO WRONG WHEN YOU INVEST IN BUSINESS INTELLIGENCE?

The implementation of Business Intelligence by a company is one that is exciting and difficult. It must be approached with utmost care and given the highest possible consideration. A lot can go wrong but to understand BI implementation here are the steps taken to integrate a BI system, which may vary depending on the needs of the clients, but the main parameters that are common...

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TRENDS IN BIG DATA

TRENDS IN BIG DATA

The disciplines of big data and analytics are evolving so quickly that businesses should invest in them. Business Intelligence is expected to perform well operationally, meet governance standards, and fulfill promises of business value to the company. These trends have driven the migration of companies into big data and analytics and also brought changes to the analytics industry itself. Below are 8 trends observed in...

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Why You Need BI Even With An ERP System

Why You Need BI Even With An ERP System

Often the question asked when it comes to the implementation of Business Intelligence solutions is, “Why do I need BI if I have an ERP system in place?” Here’s why; Definitions of ERP and BI ERP (Enterprise Resource Planning) combines the multiple systems in different departments within an organization into a single integrated software program that runs out of a single database. One integrated software...

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WHY BUSINESS INTELLIGENCE IS VITAL TO THE SUCCESS OF THE INSURANCE INDUSTRY

WHY BUSINESS INTELLIGENCE IS VITAL TO THE SUCCESS OF THE INSURANCE INDUSTRY

The most important asset to ensure survival and success in today’s marketplace is data. Business Intelligence converts this raw data into actionable information. The internet, deregulation, increased competition, consolidation and convergence of insurance services with other financial services have changed the structure of the insurance industry. This has greatly increased the need to implement business intelligence tools within insurance companies. BI refers to collecting, analyzing,...

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BUSINESS INTELLIGENCE DATA MODELING

BUSINESS INTELLIGENCE DATA MODELING

A data model that is well-designed is the foundation to creating business intelligence and data warehouse applications that result to a significant business value. It is the key to success in Business Intelligence (BI). It is paramount that the process is business-centered. It starts with the clear understanding of the business, its purposes, and how the data will be used to support the business. Effective...

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POWER BI AS A BUSINESS INTELLIGENCE SOLUTION

POWER BI AS A BUSINESS INTELLIGENCE SOLUTION

Power BI is a suite of business analytics tools that deliver insights throughout your organization. Its main selling points are integrated data sources, simplified data preparation and driving ad hoc analysis. Power BI has a dynamic graphics display, customizable dashboards that offer an all-round view of your business. It is a leader in the Magic Quadrant for Business Intelligence and Analytics Platforms. Ease of Use...

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WHY TABLEAU IS THE BEST SOLUTION FOR YOUR BUSINESS INTELLIGENCE NEEDS

WHY TABLEAU IS THE BEST SOLUTION FOR YOUR BUSINESS INTELLIGENCE NEEDS

Tableau is a business intelligence software solutions company that helps organizations see and understand their data- a highly valuable resource. Tableau provides business intelligence solutions from analyzing of business data. The software’s main objective is to ensure that clients gain the most insight from their business data. Tableau software solutions are meant to make data analytics more presentable, faster and easier. It offers real-time, up-to-date...

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HOW BUSINESS INTELLIGENCE CAN BENEFIT THE BANKING INDUSTRY

HOW BUSINESS INTELLIGENCE CAN BENEFIT THE BANKING INDUSTRY

Business Intelligence is an umbrella term that refers to the best practices done when collecting, analysing, disseminating and representing data. BI can be harnessed to ensure banks and their clients are laughing all the way to the, well, bank. But how? How can analysing business data do that? What is it about integrating BI into bank operations ensure absolute institution and customer satisfaction? What exactly...

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