Big Data


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 billion reflecting a growth rate of 12 percent from the previous year. Unlike in the banking sector, this growth has happened with very little technological interventions, but......

Continue Reading


Using Text Analytics to Analyze Customer Feedback

If your company is using open-ended survey questions in an effort to maintain a competitive edge, you may be surprised to learn there are ways that you can manage your unstructured data in such a way that it will allow your company to maximize its business value. While most everyone agrees that open-ended questions allow companies to better understand their customers’ experience, analyzing those insights, and coming up with the “why” behind the responses can be a challenge. If you can imagine collecting five thousand client surveys and then trying to categorize......

Continue Reading


How Big Data Can Benefit Your Organization

Like it or not, Big Data is here to stay.  If your business isn’t taking advantage of it, you’re missing out on lucrative growth opportunities. If you don’t know what Big Data is, well, maybe we should start there. Big Data defined If you were to combine all the tools and processes that are related to managing and utilizing your data sets, that combo would be known as Big Data. The concept was born out of a widespread need for businesses, just like yours, to understand patterns, preferences and trends in the......

Continue Reading


How Data Automation Will Impact the Insurance Industry

Data automation is having a big impact across all industries. Manufacturers are using Big Data to help improve their yields, the pharmaceutical industry is using big data to increase productivity and businesses are using data automation to help with things such as automated ordering and client analytics. It shouldn’t be at all surprising that the insurance industry stans to benefit from data automation, as well. Tangible impact Experts believe there are several key ways in which data automation will impact the insurance industry. First, the use of technology can help with things......

Continue Reading


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 across the board are: Analytics requirements This determines the needs for the BI system to be implemented. The tools and services which are necessary to achieve the......

Continue Reading


Story telling with data is how to communicate effectively with data using data visualization. In most cases, organizations recognize that being a successful, data-driven company requires skilled developers and analysts. Data is always remembered only when presented in the right way; slides, spreadsheet or graphs may not be the right way but a story is always the right way. Story Telling Entails: Understanding the importance of context and audience. Determine the appropriate type of graph to use in your situation. Direct your audience to the most important part of your data. Think......

Continue Reading


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 the period of 2015- 2017: Self-service analytics Gartner describes self-service analytics as: “Self-Service Analytics is a form of business intelligence (BI) in which line-of-business professionals are enabled......

Continue Reading


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, presenting and disseminating business data. In an insurance company, this would be data sourced from Sales, Claims, Marketing and Premiums etc. BI tools ensure that data from......

Continue Reading