Information Systems
Data Democratisation: Broadening the Reach of Data for the Business
Image sourced from Pixabay Even though data has become the lifeblood of every organisation, it is still not accessible (or even understandable) to all employees. The potential of data is virtually limitless. It can be used to transform, enrich, and boost companies by harnessing the value of the information they have at their disposal. To do so, however, requires decision-makers to embrace the concept of ‘data democratisation’. Data democratisation can be defined as the process of making digital information accessible to the average non-technical user of information systems, without having to require the involvement of IT. Sounds straightforward. In practice, it requires organisations to navigate the complexities of their data real estate and find more effective ways of promoting collaborat...
Nigerian banks urged to address increasing numbers of customers visiting daily
Prof. Olayinka David-West of Information Systems/Academic Director, Lagos Business School, has urged banking institutions to embrace digital economy to address the increasing numbers of people visiting their branches daily. David-West gave the advice on Saturday at the first ever Virtual Graduates’ Induction and Prize Awards Day organised by the Chartered Institute of Bankers of Nigeria (CIBN) in Lagos. Newsmen report that theme of the programme was: “Digital Economy: The Role of Professional Bankers”. David-West said: “Our financial services ecosystem has recorded significant progress in areas like Bank Verification Number (BVN) and Instant Payments. “The surge on bank branches after the first phase of the lockdown presented some interesting challenges to the ecosystem and the digital eco...
