On Friday, 25th May we were extremely excited at the iHub to witness one of our members, Kipya, launch their drilling activity index. Kipya is an information, knowledge and skill company specialised in the earth sciences.
The Kipya Drilling Activity Index 2017 revealed that the drilling market in Kenya is a KES 22 Billion business with 1.2 million meters drilled in 2017 across water, mining, petroleum, geothermal and construction sectors.
The launch event was graced by several players in the extractives industry including representatives from Kenya Water Industries Association, JB Drilling, Mineral Rights Board, PRD Rigs, Wilo East Africa, Tullow Oil Kenya, Davis & Shirtliff, Oilfield Movers, Royal Oilfield Logistics Services and Supplies Ltd and the Kenya Water Institute.
Professor Bitange Ndemo, one of first board members of the iHub and the Chairman of the Government of Kenya’s Taskforce on Blockchain and artificial intelligence, a vocal advocate for data driven decision making was the guest of honour.
The Kipya Drilling Activity Index 2017 is a strong example of how local companies are no longer just consumers of data, but data creators and equally important are now becoming data providers. While most companies understand the importance of data most struggle with converting that data into insights that can increase business value. The Kipya Drilling Activity Index bridges this gap by turning data into insights for the extractive industry. Please visit Kipya website, follow them on Twitter and email them on [email protected] for more information.