Aravo Solutions
Case Studies
Enabling Financial Inclusion with Faster Loans through IoT
Overview
Enabling Financial Inclusion with Faster Loans through IoTAravo Solutions |
Analytics & Modeling - Machine Learning Platform as a Service (PaaS) - Application Development Platforms | |
Cement Construction & Infrastructure | |
Maintenance Quality Assurance | |
Construction Management Infrastructure Inspection | |
Data Science Services System Integration | |
Operational Impact
With the implementation of the Databricks Lakehouse Platform, Finda has been able to process loans faster and help customers make more-informed business decisions. The company has experienced significant cost savings and improved efficiency in conducting analysis and delivering high-value data products to customers more quickly. The modern lakehouse architecture has also minimized compliance risks by restricting access to customers’ personal information. Looking ahead, Finda now has the data foundation and confidence to continue its efforts to provide accurate financial diagnoses to its customers based on better data while building innovative data products that can better serve clients. | |
Quantitative Benefit
Reduced monthly licensing fees and cloud resource costs by an estimated 40% | |
Reduced the time between record creation and storage from eight minutes to two minutes | |
Improved data pipeline performance at scale | |