Technology Category
- Analytics & Modeling - Predictive Analytics
- Infrastructure as a Service (IaaS) - Cloud Databases
Applicable Industries
- Cement
- Finance & Insurance
Applicable Functions
- Sales & Marketing
Use Cases
- Behavior & Emotion Tracking
- Leakage & Flood Monitoring
About The Customer
Kuda is a digital bank that was launched in Nigeria in 2019. It offers the country’s residents a simpler way to manage their personal finances through an app that includes tools for tracking expenditure and money management. The bank has been on a spectacular growth trajectory, with a fourfold increase in customers in just six months. As an agile, mobile-first digital company, Kuda recognized the need to be data-driven and identified the modern data stack as essential for achieving its goal.
The Challenge
Kuda, a digital bank launched in Nigeria in 2019, experienced a fourfold increase in customers within six months. As a mobile-first digital company, Kuda recognized the need to be data-driven and identified the modern data stack as essential for achieving its goal. Initially, a five-person data team was manually building data pipelines and relied on SQL Server Reporting Services (SSRS) to extract insights from transactional databases. Their data was split into 12 disparate Azure SQL databases with no way to successfully join the data across their internal sources. The team was looking to move from running OLAP queries on an OLTP database, which was proving to be a challenging task. They needed a more scalable solution that would relieve them of having to build and manage data pipelines.
The Solution
Kuda decided to use Fivetran for ELT, with dbt performing data transformations in BigQuery. Fivetran was chosen as the data pipeline, Google BigQuery as the data warehouse, dbt for data transformation, and Looker as the BI tool. The most valuable data came from Kuda’s customer-facing core banking transactional systems, which included metrics around customer acquisition, products, and service monitoring. Kuda also used advanced analytics for credit scoring, mitigating risk by making more informed overdraft offers to customers based on data. Data from Intercom, a customer conversation platform, was analyzed to help the support team allocate resources and plan for the type of questions they were most likely to be asked. The goal was to improve the customer experience and use insights to create better customer engagement models.
Operational Impact
Quantitative Benefit
Case Study missing?
Start adding your own!
Register with your work email and create a new case study profile for your business.
Related Case Studies.
Case Study
System 800xA at Indian Cement Plants
Chettinad Cement recognized that further efficiencies could be achieved in its cement manufacturing process. It looked to investing in comprehensive operational and control technologies to manage and derive productivity and energy efficiency gains from the assets on Line 2, their second plant in India.
Case Study
Real-time In-vehicle Monitoring
The telematic solution provides this vital premium-adjusting information. The solution also helps detect and deter vehicle or trailer theft – as soon as a theft occurs, monitoring personnel can alert the appropriate authorities, providing an exact location.“With more and more insurance companies and major fleet operators interested in monitoring driver behaviour on the grounds of road safety, efficient logistics and costs, the market for this type of device and associated e-business services is growing rapidly within Italy and the rest of Europe,” says Franco.“The insurance companies are especially interested in the pay-per-use and pay-as-you-drive applications while other organisations employ the technology for road user charging.”“One million vehicles in Italy currently carry such devices and forecasts indicate that the European market will increase tenfold by 2014.However, for our technology to work effectively, we needed a highly reliable wireless data network to carry the information between the vehicles and monitoring stations.”
Case Study
Safety First with Folksam
The competitiveness of the car insurance market is driving UBI growth as a means for insurance companies to differentiate their customer propositions as well as improving operational efficiency. An insurance model - usage-based insurance ("UBI") - offers possibilities for insurers to do more efficient market segmentation and accurate risk assessment and pricing. Insurers require an IoT solution for the purpose of data collection and performance analysis
Case Study
Smooth Transition to Energy Savings
The building was equipped with four end-of-life Trane water cooled chillers, located in the basement. Johnson Controls installed four York water cooled centrifugal chillers with unit mounted variable speed drives and a total installed cooling capacity of 6,8 MW. Each chiller has a capacity of 1,6 MW (variable to 1.9MW depending upon condenser water temperatures). Johnson Controls needed to design the equipment in such way that it would fit the dimensional constraints of the existing plant area and plant access route but also the specific performance requirements of the client. Morgan Stanley required the chiller plant to match the building load profile, turn down to match the low load requirement when needed and provide an improvement in the Energy Efficiency Ratio across the entire operating range. Other requirements were a reduction in the chiller noise level to improve the working environment in the plant room and a wide operating envelope coupled with intelligent controls to allow possible variation in both flow rate and temperature. The latter was needed to leverage increased capacity from a reduced number of machines during the different installation phases and allow future enhancement to a variable primary flow system.
Case Study
Automated Pallet Labeling Solution for SPR Packaging
SPR Packaging, an American supplier of packaging solutions, was in search of an automated pallet labeling solution that could meet their immediate and future needs. They aimed to equip their lines with automatic printer applicators, but also required a solution that could interface with their accounting software. The challenge was to find a system that could read a 2D code on pallets at the stretch wrapper, track the pallet, and flag any pallets with unread barcodes for inspection. The pallets could be single or double stacked, and the system needed to be able to differentiate between the two. SPR Packaging sought a system integrator with extensive experience in advanced printing and tracking solutions to provide a complete traceability system.