The Data Analytics Blog

Our news and views relating to Data Analytics, Big Data, Machine Learning, and the world of Credit.

All Posts

How does the Principa e-learning solution differ from conventional e-learning platforms?

June 3, 2020 at 5:24 PM

After my previous video on my learnings working with self-service solutions, Peter Mackintosh sent us a question.

Peter Mackintosh: “How does your e-learning solution differ from other e-learning programs?”

Now this question relates to our offering called Wisdome, which is an online e-learning portal, with several available courses.

Historically, Principa has produced training through our training academy. This training was classroom training at the premises of our clients.

We noticed several challenges with conventional classroom training:

  • Due to the specialised nature of our training, these training sessions were conducted by senior and principal consultants, which in essence of their seniority, attracted a high hourly rate for the training;
  • During classroom training, which were long sessions, we noticed that average attention span dropped off after 2 hours, therefore requiring several brakes and extension of training seminars to several days;
  • Due to all the information that had to be absolved, only around 70% of the content was absorbed directly after the training session and  up to 50% of what the learners learnt, was lost after 30 days.

In this new video we look at how you need to train your brain and how you can ensure consistent participation in training.


Contact Us to Discuss Your data analytics Business Requirements

Perry de Jager
Perry de Jager
Perry has been involved in Collections and Recoveries for the past 22 years, spending time in different market segments ranging from law firms to investment companies. At Principa, Perry has worked on extended projects within both South Africa and the Middle East with some of the largest financial organisation, providing on-site consulting within the collections and recoveries space covering strategy, process, people and technology.

Latest Posts

Principa Partners with Astra Constantine to Deliver Psychometric Solutions to Credit Grantors

Customers Can Predict Outcomes by Adding the Power of Psychometrics to Credit Determination

Solving the Credit Unaware Challenge with Psychometrics

At Principa, we engage with clients and organisations across the entire credit lifecycle and track the focus of the South African credit industry. For nearly ten years the focus has consistently been in the collection space, but recently (since early 2021) this has changed and a large number of our clients are focused on acquisitions and originations.

Predicting Customer Behaviour (PART 2)

In Part One of this two-part blog, we started providing a short overview of just some of the propensity models that Principa has developed. In this Part Two, we continue to look at different types of propensity models available across the customer engagement lifecycle that are used to predict behaviour and solve business problems.