I’m not talking about brain cells here, though using them always helps. I’m referring to the deluge of information that floods companies daily and a very simple equation: data + value = intelligence. Ideally, this translates into data that is curated, contextualised and enhanced, then delivered timeously as actionable insights. Just the kind of intelligence that Locstat LightWeaver®, our graph intelligence platform, provides. How to add value To begin with […]
In the realm of technology, new terminology frequently emerges – it’s inevitable to keep apace of the swiftly evolving landscape. Back in 2016, articulating an accurate description of our platform proved to be a challenge, given the absence of appropriate vocabulary. Although we were aware that it was next generation, the terms available fell short of capturing its essence. Over time, as industry language developed, we experimented with descriptors such […]
A company’s success is often determined by the targets achieved and the profit accrued. So how do you grow year on year and stay ahead of the competition? The simple answer is by unlocking the value in your data. Data is the new oil and information is the new currency. Knowing what, where, when and how your customers are purchasing provides insight into why and extrapolates into enhanced customer experience, […]
Criminal activity is a reality of the world we live in, which means that combatting fraud, money laundering and terrorism financing is too. For any transactional company, this is paramount to reducing losses and minimising penalties such as higher fees for merchants and consumers. For South Africa, a significant consequence has been our greylisted status that impacts our economy and the ease of international business. The obvious answer is to […]
SA’s greylisting can feel disempowering but there are steps you can take to reclaim your power.
Every day, 2.5 quintillion bytes of data is created and approximately 2.14 billion people generate a spend of $1 million per minute purchasing goods and services online. That’s an immense amount of data that tells a story about consumers, operations, opportunities, products, sales and more. Admittedly, some of this data is redundant or irrelevant and some is perishable – if you don’t use it timeously, it’s worthless – but a […]
On the surface, building your own software solutions seems akin to home DIY – and it kind of is, but it really kind of isn’t. Most people think of DIY as a lick of paint in one version or another. But the level we’re talking about here is more like a three room extension with some form of waterworks involved, e.g. a kitchen or bathroom. That means ensuring there are […]
We all know the power of compelling images. According to LinkedIn infographics are shared three times more on social media than documents. Why? Because visual information is processed faster than text, sticks in the mind and is often far more effective in creating perceptual understanding. This last point, in particular, is why so many businesses have embraced visual analytics. Often, this is in the form of BI software, however, more […]
The basics of graph technology are that each entity (e.g. person, place, object) is characterised by a node, which is connected by an edge to another entity. The edge represents the relationship between them. Each node can be linked to many others and always at least one because there are no broken links. Therein lies the beauty of graph. The acknowledgement that data does not exist in isolation but requires […]
Many blogs comparing point solutions with platforms have been written by someone linked to a platform-based company – as is this one. Evidently, there’s an inherent bias, which I’d like to address up front. Relatively speaking, we’re not comparing similar cold beverages here: are you a Coca Cola or a Pepsi fan? In this case, they both serve the same function, so it’s down to personal preference. Nor are we […]
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