The world has started seeing the development of a ubiquitous wireless network that will marry data collection and computation with billions of devices. This will provide us with unprecedented insights and abilities that will change what we do and how we do it. This network is called 5G (Fifth Generation Mobile Technology).
It is expected that 5G networks will be at least 100 times faster than current 4G networks and less than one-thousandth of a second reduced latency. Fifth-generation (5G) mobile technologies represent the next iteration of mobile communications technologies that were designed to enhance current (e.g., 3G, 4G) mobile networks. 5G networks are expected to be quicker, of greater capacity, and therefore able to support new options and services. The Consumer Technology Association notes that you can download a 2-hour film in just 3.6 seconds at this speed, compared to 6 minutes on 4G or 26 hours on 3G. 5G promises a world of new opportunities for individuals and businesses.
The possibilities of what 5G technology would impact is unfathomable, and the impact is far-reaching.
5G has the potential to unlock up to $12.3 trillion of revenue across a broad range of industries with enhanced indoor wireless broadband coverage, augmented reality and virtual reality, asset tracking, and autonomous vehicles. That income figure is almost proportionate to add up to U.S. buyer spending in 2016, and more than the consolidated spending of China, Japan, France, Germany, and the U.K. This income likewise speaks to about 4.6% of all worldwide genuine yield in 2035.
5G network will dramatically extend cellular coverage into a broader range of structures including buildings, hospitals, industrial parks, large venues and low network areas. Also, 5G network will provide an improved capacity to handle a significantly greater number of devices using high volumes of data, especially in highly localised areas. This means that end-users will have improved and more consistent experiences using mobile broadband applications, irrespective of location.
According to the landmark research project commissioned by Qualcomm and conducted by independent, third-party research firms IHS Markit, Penn Schoen Berland, and Berkeley Research Group.
A few major findings from the study are:
It will inspire new growth.
The 5G Global Value Chain, including network operators, core technology and component suppliers, device OEMs, infrastructure providers, and content and application developers, is expected to grow output to $3.5 trillion in 2035 — larger than the entire mobile value chain is today. China will contribute the most in gross output, with the U.S., Japan, Germany, South Korea, France, and the U.K following, in that order. Researchers also foresee 5G supporting 22 million jobs around the world.
5G’s deployment in enhanced mobile broadband applications, massive IoT, and mission-critical services will fuel sustainable long-term growth in annual global GDP. Between 2020 to 2035, the total contribution of 5G to global GDP is predicted to be equivalent to an economy the size of India today — the seventh-largest economy in the world.
It will accelerate innovation.
People are confident in connectivity’s next renaissance: 91% of the study’s respondents feel that 5G will enable new products and services that are yet to be invented. They believe 5G will stimulate innovation, and the technologies and inventions inspired by it will lead to smarter homes and cities, and even healthier people.
The next generation of mobile will inspire the emergence of new industries as well as impact existing businesses and the products and services they design and manage. Business leaders feel strongly about 5G’s promise: 92% think 5G’s ability to protect sensitive data is important, while 91% value its potential to deliver ultra-high reliability. And nearly 70% are concerned that without 5G, their country will become less competitive globally.
WHY DATA CAPTURE NEEDS SPEED.
Enterprise data needs change continually yet at conflicting rates, and in recent times, changes have come at an expanding cut. Instruments once thought to be helpful for huge data applications are no longer adequate.
Two propensities have risen out of this development: firstly, the variety and speed of information that enterprise requires for basic leadership keep on developing. This information incorporates value-based data, yet in addition business information, IoT measurements, operational data, and application logs. Secondly, the present-day enterprise needs to settle on those choices progressively, in light of such gathered data.
Big data was focused on data capture and off-line batch mode operations, modern “fast data” reduces the time between data arriving and data value extraction. Real-time event processing is the opposite of batch data. In real-time fast data, individual events are processed as they arrive, and we talk about a processing time of milliseconds or even microseconds … IMAGINE THE BUSINESS IMPACT THIS WOULD MAKE.
Also, 5G is a great enhancer of AI and ML as it gives a diverse approach of building topnotch systems and also improving existing ones, which would change the way data is captured.
5G technology has three technological characteristics that will enable it have a significant impact on Data capture. These are:
1) low latency, 2) high reliability, 3) the ability to support a plurality of devices and sensors, and to translate information from these devices and sensors into critical and meaningful data points.
The effects of these characteristics will be felt equally in both the delivery of mission-critical services, capturing/analysis of data and data automation.
More importantly, 5G and Data capture will definitely unlock new possibilities for data collection and analysis, the impact will be felt by all businesses, all individuals, all sectors and all government parastatals.
Are you, or your organization passionate about data? collecting it? collating it? verifying it? analyzing it? then you are the kind of people we write for. Follow our publication, and you would gain knowledge on everything data, from the process of easy capture to the end goal of making data-driven decisions. Find out about our company SEAMFIX and how we solve big organizational issues with third-generation solutions HERE.
It is necessary, if not mandatory, for every Non-Governmental Organisation (NGO) to imbibe a data-driven culture from start to finish, such that before every action is taken, data is collected to ‘get the facts rights’ and to glean insights of how to be impactful in their community.
However, the market is challenging partly because the tool needed to do this is either unavailable or not holistic enough to cater to peculiar project needs. Thus, NGOs will have to settle for numerous solutions to do different things — one to capture biometrics, one to capture textual data, one to analyze, another to do something else. This is a major problem especially for organizations in this industry that relies heavily on funding.
NGOs, Meet BioRegistra — a digitization tool that enables organizations to convert paper forms to robust digital forms, enhancing the collection of data for business processes. BioRegistra, as a data digitization tool, nullifies the shortcomings of paper forms, especially the redundancy that they bring to business operations and overall productivity of fast-paced organizations. (Request a Demo.)
With BioRegistra in mind, let us answer the grassroots problems with data collection in the NGO space, which we have summed into 2 broad questions:
– With BioRegistra, NGOs have a robust platform to collect all kinds of information — textual, fingerprints, image, and so on, that conform with accepted predefined standards. Considering that data collection is just one aspect of the key components needed by organizations in this space to function, BioRegistra provides them with end-to-end analytics of all data collected in the field. That’s one device to carry out the data capture and the same device to analyze. This completely eliminates the need for NGOs to spend cash on multiple half-baked devices and greatly improves on paper forms in that it saves time on the timelines set by these organizations for research and campaigns, which in turn quickens project impact.
– Depending on the size and scope of a project, BioRegistra allows these organizations to onboard as many field agents as possible to the platform, ensuring that they cover as many locations as possible in a short while. Armed with BioRegistra on a mobile Android or Windows device, field agents and volunteers can collect every type of data needed, without limits in the field.
– Still on the ‘No limits’ capabilities, how about when NGOs need to carry out a project in remote locations where internet connection is either shaky or outright unavailable? Here’s your answer…BioRegistra’s offline features will ensure field agents and volunteers can always fill digital forms whether there is internet connection or not. This means organizations are able to expand their reach and collect data anywhere.
– Even more, admins can stay in the loop of data collection operations using the Agent and Data Management Dashboard on BioRegistra, which provides an overview of all capture activities for every project and easy monitoring and evaluation of agent’s performance.
– A proper assemblage of accurate data collection and proper analysis of collated data is essential to NGOs when monitoring and evaluating the impact of programs, and also instrumental to the pursuit & interaction with the right group of people and organizations.
– Data collected can be used to win the hearts of donors and ultimately convince them that their programs/projects are worth every penny of donor funds. Primarily, donors want to see verifiable outcomes of the different initiatives and programs that they fund or intend to fund, and this can be best presented using detailed data and analytics. The structured insight gained from the data will keep you accountable to your donors.
– On the flip side, incorrect information or insufficient data can be a significant deterrent to the efficient and smooth functioning of the NGO’s targeted approach.
We believe the work you do is really important and adopting a data capture solution/software that ensures your efforts make the desired impact is just as important. So if you own or work for a non-governmental organization or even a nonprofit organization and need to start making data-driven decisions, remember that BioRegistra is the perfect digitization tool for you to collect and analyze data, thereby making you a forward thinking and impactful NGO to your community.
Why not give it a try… IT’S FREE.
The Nigerian informal sector is fast becoming a major contributor to the nation’s economy, accounting for 65% of her GDP in 2017 (according to IMF). This sector makes up a significant portion of employment, constituting the larger percentage of the working population in the country. This is one of the major reasons why the Pension Reform Act (PRA) in 2014 expanded coverage of the CPS to individuals in this sector with the strategic objective of covering 30% of the working population in Nigeria by the end of 2024. This reason birthed the Micro Pensions Plan Initiative - a pension scheme that caters to the unique characteristics of individuals in this informal sector.
Getting these individuals all set up on a micro pensions plan will follow the same route as that of the regular pension. This means ‘data must be captured’. The registration and onboarding processes in their most basic forms will involve;
However, there are the intricate parts to this processes, some of which would beg the following ‘HOW MIGHT WE‘ questions …
BioRegistra as a mobile end-to-end digitization tool offers itself as the perfect alternative to available solutions by providing Pension Fund Administrators (PFAs) with a robust electronic platform that enables fast and seamless KYC onboarding of micro pensions contributors, including cross-border individuals, without limit in the field.
With BioRegistra, PFAs can:
BioRegistra’s access to a wide network of capture agents ensures that nationwide capture and faster customer onboarding can be easily achieved. The “Agent Management” feature allows PFAs to choose numerous individuals who would assist in capturing contributors’ details in different locations. This feature also allows admins to see a real-time overview of the data capture/ registration activities as carried out by these agents. Agents are fully empowered with ready-made templates that can be easily edited by dragging and dropping necessary fields.
PFAs can collect all kinds of client data, including textual, fingerprints, images, and signatures without limit even outside the bank. BioRegistra performs quality checks on-the-go, ensuring that captured biometric data meet the standard requirements - such as fingerprints capture and photos that comply with the standard FBI AFIS certification, WSQ format and NFIQ score. What more, captured data can be generated in XML formats, in compliance with the standard as stipulated by PENCOM.
BioRegistra allows PFAs to reach contributors anywhere using offline forms. This means that even without internet connectivity, agents can still get to capture individuals’ data without stress. Captured data is stored on the device and synced seamlessly when internet connectivity is detected. This ensures unbiased nationwide inclusion especially for individuals in remote, rural locations.
With BioRegistra, PFAs do not have to manually enter captured data after returning from field registrations. Instead, admins have access to all captured data in one glance and in real-time. This ensures analysis and onboarding with speed.
BioRegistra provides an interface with the National Identity Database for the authentication of NIN and BVN for individuals seeking to register under the Contributory Pension Scheme (CPS). BioRegistra even goes further to enable electronic submissions of requests by PFAs for the registration of unique contributors and issuance of PINs; automates the process of issuing employer codes; provides an electronic interface for PFAs to carry out bio-data updates and edits of clients’ information on the National Data Bank.
In conclusion, finding a solution for meeting your KYC requirements during the micro pensions onboarding and registration process should not be a challenge when you have BioRegistra to ease the entire process of data capture. Your next question should be “How might we get started?” that’s easy, you can get started for FREE by clicking this ‘sign up’ link below.
Are you, or your organization passionate about data? collecting it? collating it? analyzing it? then you are the kind of people we write for. Follow our publication, and you would gain knowledge on everything data, from the process of easy capture to the end goal of making data-driven decisions.
The global market is ever evolving, thanks to the competition that exist among players in different industries. Each player, including banks and mobile operators, is faced with the business challenge of keeping existing customers and winning new ones. But then, this is the face value of the problem, that basically every business knows it should/will encounter. The real question lies in ‘how’? How do we keep the customers we have? How do we win new ones? And what is really being asked here is “How do we grow our business?”
In asking these questions, businesses like financial institutions and mobile operators have come to realize that the difference between the question and the answer lies with the customer. Hence, a global need for them to know, understand, and satisfy customers, the users of their services, through Client Onboarding. And this is something they must do, whether it is an integrated part of the business process or rising from a need to comply with KYC regulations.
However, the client onboarding process is not so easy as there are a couple of elements that challenge and contribute to its success. This article will address these challenges and aim to provide solutions for a seamless customer onboarding process.
Here are some of the challenges that a lot of business face in trying to implement KYC processes.
Quality of Data
In a study by Forrester Consulting, it was observed that the quality of data was one of the top three contributors to the challenges hampering the seamless onboarding of customers by businesses. Organizations often have their data existing in silos, so much that it is often difficult for them to process and sort certain records when they do not exist on one single platform. The unavailability of a central location for customer data therefore hardens this process of onboarding customers, especially in a world where everyone (customers in this case) pays attention to time spent on any activity.
Operational and Business Processes
In yet another global client onboarding survey by Forrester in 2014, it was reported that “over 64% percent of banks report lost deals and revenue due to problems in the current onboarding process with more than 20 percent of respondents indicating they’ve lost between 26 and 50 percent of new business opportunities as a result of issues during onboarding.”
It is now possible that this number has reduced with the advent of some organizations taking a more optimal approach to KYC onboarding. But we get the idea – that the rigid process of organizations can have a telling impact on customer onboarding. There is a need for businesses to move from approaching client onboarding as mere routine and transcend to viewing it is an opportunity to grow the business.
The importance of customer satisfaction cannot be over-emphasized in today’s world, especially when customers have a sense that there are other options available to them. The flow of onboarding has to be seamless for customers – a thing that cannot be achieved with manual KYC processes.
In a survey by Thomson Reuters, it was observed that the time it took to onboard customers was on the rise. Financial institutions, as at 2015, were taking around 24 days to onboard new customers. It would increase by 18% in 2016. It is easy to imagine how much this would be frustrating for customers when they must take that long before they are finally onboarded. Not only would the business be losing customers, it would also be incurring more costs in onboarding operations, because of the increasing number of time it requires.
Non-adoption of Robust Digital KYC Solutions
This is a major problem for organizations, especially the large ones. Most organizations aren’t making it easy for themselves when they don’t adopt a KYC solution for end-to-end customer onboarding. Mobile operators, for instance, need a robust IT KYC software that will facilitate Client Lifecycle Management, from when a new customer purchases a new SIM and throughout their lifetime as a customer. It is worthy of note that automating the client onboarding process swallows a bulk of all the challenges that organizations face.
These are some of the practices that can be adopted in easing the customer onboarding process.
Establish/Update Business Policies
Client onboarding is a core part of the business function for businesses who have customers has their bottom-line. In this case, it is important that together with the usual business activities, active management of the onboarding process is established, if any doesn’t exist already. For those who already have governance over Client Onboarding but find it hard to improve its KYC customer onboarding process, it’s also important to improve on existing policies regarding client onboarding and take forward decisions that will increase the bottom-line.
Implementing A Robust KYC Solution
Client onboarding is easier with the help of a robust KYC solution that enables you do everything in one place. This way, organizations don’t have to keep customer data in silos or collect it manually. It can also be accessed in real-time by anyone from the business who has access to the customer dashboard in the KYC solution. Furthermore, businesses for instance, with the help of robust and flexible digital KYC solutions like BioSmart & BioRegistra, do not only meet onboarding objectives, they also meet regulatory KYC requirements and make changes to the system as onboarding demands grow.
A Centralized KYC Team
Joe Dunphy, a director at Fenergo, in advocating for centralization says, “There should be a centralized customer onboarding process which involves a single set of know-your-customer specialists, a single client data repository and a single set of high-level guidelines.” This team is then responsible for establishing a procedure for collecting customer details and monitoring their profiles, both old and new. This means they would also be tasked with ensuring that the KYC onboarding process is seamless for current customers and appealing for new ones.
Simplifying Customer Due Diligence
We have already established that automating customer onboarding will make the whole process easier for everyone involved. Verification of customer identity with ease using digital KYC solutions also contribute to the time for onboarding. It takes away repetitiveness and the need for customers to provide multiple physical documents as means of identification, since it can be done through biometric methods like facial and fingerprint verification against what already exists.
Customer onboarding is one of the keys to the success of any customer-centric business and when not properly done or not at all, it could hurt the business. For one, regulatory bodies understand this and hence, why there have been regulations in certain industries like financial institutions and telecommunication firms to keep them in check and ensure that the process is as harmless as possible, to both the business and its customer. Implementing a robust KYC solution amongst others would do today’s businesses a whole world of good, partly also because customers are consciously looking for organizations who would make their lives (onboarding) easier.
Digital technologies bring together more options for businesses, increasing competition and choice. This has benefits for consumers and sellers in the form of a broader, more competitive marketplace.
Current research by Berkeley researchers showed that five quintillion bytes of data are produced every two days. This is equal to all the information ever produced from every conversation that has ever taken place on the planet. Heavy duty, you say? You’re not alone, we think the same.
From our end of the equilibrium at Seamfix as well, we have discovered that there is a certain yearning for data among businesses, and for different purposes. Hence, the emergence of a solution like BioRegistra, which serves to whet the appetite for data by all kinds of organizations.
However, there are still businesses who don’t extensively realize the importance of data. Data, in a business context, is the information you obtain from users of your product or service, such as customer details and demographic information (there is more to the data stack though).
Below is a statistical prediction of revenues that can be generated from the big data market over the next couple of years until 2026.
This is a deliciously inviting sequence of figures. So filling that one would wonder why anyone wouldn’t want to take advantage of the data that are readily available. Bears can go into hibernation, data shouldn’t. It should be exploited, drilled, and played with, in every way possible.
How can data be exploited? We definitely wouldn’t leave you here. Which bring us to the next element — Analytics.
We know we said there is a yearning for data earlier. But you gotta beat that. There should be a yearning for its refinement as well. This is how we refer to analytics. The process of transforming data into insights. Retail giant Walmart was able to use Big Data analysis to drive a 10%-15% increase in completed online sales for $1 billion in incremental revenue, which is a well-planned ROI using data.
Analytics is how you make sense of your data and uncover meaningful trends. Analytics is the discovery of patterns and trends gleaned from your data. Think of data, without analytics, as unrefined oil. It is one thing to discover crude oil, it is yet another thing to make it suitable for consumption. There is tremendous value buried in those massive data sets, values that cannot be unlocked without the help of analytics.
You may have the information of users of your product. Great job, but, what have you done with this information? Have you been able to affect your business with it? Or is your data only a technical mannequin — an indulgence your business must afford?
NB: No cause for alarm if you don’t have the information of your customers yet or if your organization is already thinking of it but do not have the necessary solutions to do so. There are several ways in which we can help you here. You can also see how we helped a leading provider of mobile data services capture lots of data.
Apologies if we distracted you, we just thought to provide you a little help in improving your business, too. Let’s continue rolling!
What we’re trying to say is, data collection is good but it’s like a baby’s first steps — limited and limp. Taking it a step further with analytics is the bomb! And the results are (often shockingly) rewarding. Who doesn’t want to be shocked with rewards?
This spins us to the next, and last, element in this article — Insights.
Insight is the value obtained using analytics. The insights gained through analytics are incredible, powerful, and can be used to identify areas of opportunity for your business. Like a soothsayer is to some, so are the insights you get from data analysis. That “ugh-oh!” moment that can have a CEO or Marketing Manager have their mouths open at a new opportunity: How come I never saw this before? Well, praise be to big data analytics!
For a mobile app for instance, your data might tell you that you sent 14,000 push messages in the last month. That data on its own doesn’t mean all that much, but an analytics tool could dig through that data and reveal that your app sent 3.7 messages per user, with an open rate of 20%. This way, you can tell that your push campaigns are effective, or maybe not. The relevance of this is that you are able to get actionable insights from your data and its analysis.
Data is only valuable if translated into actionable insights; and for any serious institution it can become a framework for turning that data into meaningful stories, business successes and better decisions. Just like mineral resources are only truly valuable after they’ve been refined.
Analytics serve as the connection between your data and insights, and ultimately business success.
There is a symbiotic relationship between data and analytics, which when merged together give birth to a deeper understanding of your customers, with respect to your products or services. These insights then serve as a springboard for business decisions.
It won’t be so nice if we said all of the above and didn’t provide you with a solution, eh? It is then a good thing that we have something you can readily use. BioRegistra is an identity management and data capture platform with excellent biometric functions that allows your business to collect and analyze all kinds of data. So, you see, it not only helps you collect, it does what we’ve been preaching so far, data analysis.
We know how businesses are always on the lookout for solutions that are robust and tweak-able at the slightest business requirement. And this is what BioRegistra does really well, from enumeration to retail census, surveys, and more.
But let’s stick to why we’re here — data analysis. See some screenshots of analytic reports generated from our our BioRegistra analytics tool.
BioRegistra analytics can be represented based on your preference, including pie charts and bar charts, as in the case above. This analysis gives a bird’s view of your business and what’s going on in the project; of what is working and what is not. This important information helps to facilitate a benchmark for your business decisions moving forward.
For a better understanding of how BioRegistra works, visit here for more information.
See you next time with more data and KYC related tips for your business. Meanwhile, leave a comment and let us know what you think about data analytics for improving business.
There’s been a buzz around the Transfer Window policy by the National Pension Commission for pension fund administrators. Although there’s been a delay in the arrival of the transfer window, where pension contributors can transfer ownership of their pension funds from one pension administrator to the other, there’s a serious need for the PFAs to be prepared for when the time finally comes.
As part of the requirements, PFAs are required to carry out biometric capture of customer information. This means that every PFA needs a solution that can help facilitate this KYC operation.
Digitizing The Client Familiarity Index
BioRegistra eases the process of Client Familiarity Index registration and better customer experience by allowing your customers update their details online.
See a sample Client Familiarity Index created using a BioRegistra form below.
Fields that can be created are similar to the ones that exist on the physical paper forms provided PenCom, including important client information like RSA PINs, the name of the PFA managing the client’s fund, the employee name, as well as designated individual employee codes.
Capture Contributor Details From Anywhere
There would be certainly no issues when it comes to capturing the information of your customers from anywhere in the country, whether as retired individuals or people still in service. Agents can be deployed to certain locations where the capture will be done.
What’s more? The platform lets you know the exact source of your data via a geolocation service embedded within. This means that from the head office of a Pension Fund Administrator, Admins/stakeholders can be in the full know of what’s going on in the capture field.
Instant CRM Synchronization
The details of the pension contributor captured synchronize immediately to the CRM that shows a view of what have been captured. Except in cases of internet malfunctions, this synchronization is always instant and allows agents to quickly attend to contributors during the capture process.
And Many More…
BioRegistra is robust and flexible, allowing PFAs to add as many fields and requirements to their KYC forms as much as possible. Additional details include evidence of the contributor’s legal existence, address of trustees, next of kin information, and so on.
So, you see, we’ve got you covered in preparation for when the Transfer Window arrives.
Did we strike a chord on something your organization needs regarding KYC biometric capture? Visit bioregistra.com for more information.
SEAMFIX, Nigeria’s leading provider of identity management solutions, officially launched BioRegistra on 17th October 2017, with media, stakeholders and several dignitaries from the private and public sectors present, to coincide with her 10th year anniversary as leaders in identity management and seamless technology solutions.
BioRegistra is cloud-based state of the art platform developed for individuals, corporates, and government, among others to assist them to capture data, store the data, and have access to the data at any time they desire.
The innovative data capture and data management platform, allows a fully automated process that guarantees seamless execution of all KYC business processes, thus enabling faster customer on-boarding and increasing customer satisfaction.
Speaking during the launch, Chimezie Emewulu, SEAMFIX MD, reiterated that BioRegistra was conceptualized to deal with the challenges of accurate data management. Nigeria’s major challenge is gathering needed data for accurate needs and assessment. With BioRegistra, this challenge is history as the platform can be used to capture all forms of data – animate or inanimate.
BioRegistra provides data validation and all-time accessibility from any part of the world. The intelligent quarantine engine is designed to detect fraudulent and fictitious records and prevent them from being processed. In terms of security, the captured data is hosted on a world-class, secure, reliable and trusted cloud platform, so you have no reason to worry about information safety.
Seamfix calls on government and companies to start making data-driven decisions for improved efficiency and this cannot happen if data is still locked in files and paper archives. Traditionally, we fill paper-based forms in loads of situations when we are applying for different things; from our letter of identification at the local government areas to affidavits at courts to even marriage registries. BioRegistra eliminates this manual process because it enables capture of data into a central database with real-time analysis.
It is better, more efficient and cost-effective.
“BioRegistra is a demonstration of the customer-centric approach adopted by the company to ensure that users derive maximum value from the platform.” – Chibuzor Onwurah, Executive Director of SEAMFIX stated as he unveiled the product to the audience.
In today’s business climate, insightful data is king. Informed decisions are made based on data. BioRegistra is designed to deliver this insightful data into the hands of discerning individuals, corporate organizations, and governments in real time.
Here are some highlights:
Seamfix achieved yet another milestone on August 21, 2017, when BioRegistra, our unique data capture platform, was deployed for capturing the data of 2000 reinstated staff of Local Government and SUBEB in Katsina State. These staff members had been disengaged by the previous administration of the State, and upon reinstatement, the authorities decided to automate their data capture. BioRegistra partnered with Skye Bank to render this service.
BioRegistra is an innovative identity management platform that enables individuals and corporate organizations capture and retrieve any form of information – biometric configurations (textual biodata, fingerprints, portraits), security configurations, accounting records, etc. Using BioRegistra, the captured information is saved on the cloud and can be accessed from anywhere and at any time. The flexibility and dynamism of the platform make BioRegistra easily adaptable for specific identity management needs.
Beyond data capture and access, BioRegistra performs other core technical functions like data validation, verification, exporting and updating. It is customisable, affordable, convenient and fast.
BioRegistra is a product of Seamfix, and so this is significant for the brand. The capture in Katsina was recorded as smooth, peaceful and safe. Honourable Abdul Kadir Zakka, Commissioner for Local Government and Chieftaincy Affairs, visited the project site on the first day and commended the efforts of the BioRegistra team.
Data capture of LG and SUBEB staff in progress.
BioRegistra is available and ready for deployment for any kind of data capture. We are here at www.bioregistra.com. So, pay us a visit. We can as well be reached through email@example.com or +234-01-342-9192.
Life experiences prove time and again that it’s really not about what we do but how we do what we do. How do you go about capturing students’ information? How do you collate information about your staff and clients? How do you process academic results and deliver them promptly to students? How do you recharge airtime on your phone?
In the end, the how is what separates the boys from the men. You can only do things how best you know to do them, and if you do not closely follow advances in technology, you will not know how best to innovate around your business processes. You will be stuck doing things the hard way. Again, the how is the key!
When we first started thinking around BioRegistra at Seamfix, we were concerned about the fact that organizations spend a lot of time, energy and resources trying to capture different kinds of information. Data capture was slowing organizations down.
But these things can be done in the blink of an eye. In fact, it is easier and faster to preserve, access and share data anytime and anywhere once we digitize the process.
Why will a student who wants to obtain his transcript travel all the way to his university to get it? Why can’t he stay wherever he is and just click some commands and enter some information and have his transcript delivered to him straight away?
Why do organizations still use paper files or feed into systems manually when they can digitize the entire process?
Why do estate surveyors and valuers still use paper to capture the details of their clients when all they need is a mobile application that enables them to capture such information with ease and access the data whenever and wherever they need it?
This is the thinking behind Seamfix’s move to digitize business processes. We want to make life easy for people. We want to make processes faster. Above all, we want to evolve the most efficient way of preserving and accessing information.
With BioRegistra, all kinds of data (biometric, security, accounting, etc.) can be captured and accessed from anywhere.
With iTranscript, alumni members of universities can request for their transcripts and have it delivered to them anywhere in the world.
In UNN, for instance, we have been able to technically unlock the value of data hidden in their over 40 years academic record that we have digitized, and we are now able to track a lot of information; courses students pass the most, courses they fail the most, success trends for various courses especially difficult ones, which lecturer is supposedly more productive based on success trends, etc and all these are simply because the transcript data has been digitized.
When Nicholas Evans, author of Mastering Digital Business, said that “by digitizing a traditionally analog business model or process, we’re effectively turning it into bits and atoms and enabling an infinite variety of possibilities,” he was right. It is really about possibilities.
What possibilities can we see?
What more can we do?
How can we improve our business processes?
Where can we save more and more time and resources?
These are burning questions that every entrepreneur and business executive have to carefully think about and answer before any meaningful progress can occur in their organizations.
Have you ever walked into a tailor’s shop and you were confronted with the sorry sight of the tailor turning the shop upside down in search of measurements for making a client’s outfit? It can be a pitiable sight, ehn? You would see the frustration on his face, the worry, and stress of trying to find that small piece of paper on which he jotted down the measurements, the sweat. It can be really agonizing searching for information you need very badly, even worse when that information can make you lose a client.
But that is only one out of so many cases. What about schools that misplace students’ information? I remember a story once told of a certain university in Southeastern Nigeria where students were made to re-register during their third year because the school could not find the students’ records anymore. It was unbelievable, totally unbelievable in this day and age.
By now, it must be clear that the challenge of efficient data management is not just peculiar to large organizations. Small organizations and individuals often spend a lot of time and resources trying to capture and manage data of people they work with. What is worse is that some people do not even realize they need a robust identity management system until something terrible happens.
But we do not have to wait for bad things to happen before we swing into action. We can plan for them and even mitigate them before they occur. After all, prevention, they say, is better than cure.
From the tailor who misplaces measurements to school management authorities that lose students’ information, to even parents who do not take due diligence to keep appropriate files for their nannies, house-helps, drivers and next-of-kins, everyone essentially, there is need to efficiently manage all kinds of data.
That is why Seamfix has been working very hard to give everyone a breath of fresh air. With a product such as BioRegistra, organizations can capture and access data whenever and however they want. One striking thing about this platform is that it is flexible and customizable such that organizations can adapt the platform to suit their peculiar needs.
In our world of information overload and population explosion, there has never been more need for an efficient identity management system such as BioRegistra. There should be no more excuses for data loss or misplacement. No more excuses of missing files. No more excuses of errors and loopholes caused by negligence on the part of data handlers. We can do something before the situation becomes malignant. We do not have to wait for a disaster to happen before taking safety measures because prevention will always be better than cure.
By Chimezie Emewulu