|
KNOWLEDGE FACTORY
SA pars international markets in quality and depth of analytics
solutions
Over the past few years, South African businesses have begun
embracing business intelligence and more specifically the analytical
techniques behind these solutions.
But similar to the common perception in the ICT industry as
a whole, there’s been a feeling that the solutions available
on a local basis are less sophisticated and aren’t as ‘leading
edge’ as those deployed in international markets.
On a recent trip to South Africa, jointly hosted by Knowledge
Factory and SAS Institute, Boston-based Data Miners’ Principal,
Michael Berry came out strongly against this perception.
Berry stated that the analytics projects being undertaken by
numerous local corporations are every bit as sophisticated and
in some cases, more innovative than those he’s seen elsewhere
in the world.
“And the great news for South African companies is that one
of the most widely accepted practises in this space internationally,
namely the use of ‘geo-demographics’ in analytics, has more
relevance to the South African market than what it has in the
US and many European countries,” Berry continues.
“In South Africa, far larger distinctions can be drawn between
people in different stages of life and with different needs,
desires and cultural backgrounds,” Berry says.
This means that an increased number of options exist for marketers
in the local market. Greater geographical and cultural diversity,
whilst posing a significant challenge for mass marketing campaigns,
provides a greater ability for the tailoring of offerings to
a company’s specific target markets. However, only through having
the requisite market data and undertaking an analytics or business
intelligence project, can businesses begin exploiting this diversity.
Berry says South Africa is also in a strong position in terms
of the adoption and use of analytics in the daily running of
businesses. “Add to this natural appetite for business intelligence,
the strong competencies South African corporates have at their
disposal through specialists like Knowledge Factory and the
power of SAS Institute software, it’s no surprise that the country
has a burgeoning market for analytics and business intelligence,”
Berry enthuses.
“Interestingly, analytics and business intelligence doesn’t
hinge on computer technology competence as strongly as other
business spaces that use technology do.
|
Knowledge Factory’s successful approach to deriving business
intelligence insights for its clients is through the use of
its experienced analytics skills base which utilises robust
data mining and statistical technologies from SAS Institute
like SAS Enterprise Miner.
“This practise allows the technology to serve the ends of the
analytics expert, placing the value in the hands of the person
that counts, namely the client,” he concludes. This is as a
direct result of the SAS9 Business Intelligence and Analytical
Intelligence technology platform design attributes which include
lower total cost of ownership, usability, manageability and
scalability.
About Knowledge Factory
Knowledge Factory, a SAS Silver Alliance Partner, is a marketing
insight services company in the JSE Securities Exchange-listed
Primedia group. Knowledge Factory’s core business is providing
customer and market insight to its clients thereby empowering
them to make informed decisions on their customers, markets
and channels. This insight is gleaned through the use of detailed
analytical, statistical and spatial modelling procedures applied
to customer information sets internal to Knowledge Factory’s
clients, overlaid with external information sets assimilated
by Knowledge Factory.
About SAS
SAS is the market leader in providing a new generation of
business intelligence software and services that create true
enterprise intelligence. SAS solutions are used at more than
40,000 sites - including 96 of the top 100 of the 2003 Fortune
Global 500 - to develop more profitable relationships with customers
and suppliers; to enable better, more accurate and informed
decisions; and to drive organisations forward. SAS is the only
vendor that completely integrates leading data warehousing,
analytics and traditional BI applications to create intelligence
from massive amounts of data. For nearly three decades, SAS
has been giving customers around the world The Power to Know®.
For further information please contact:
John Sikiotis
KNOWLEDGE FACTORY
A MEMBER OF THE PRIMEDIA GROUP
Tel: +27 11 445 8100
Cell: +27 83 632 1577 (Mobile)
Email: johns@knowledgefactory.co.za
Issued by:
eCommunications
Ingrid Lotze
Tel: +27 11 781 0097
Mobile: +27 83 447 3438
Email: kf@ecomms.co.za
|