The availability of good quality data is a great business asset and competitive advantage. Once you have gathered accurate and relevant data, you can use it to persuade potential buyers and close deals, build consensus within your own organization or devise competitive strategy. In all these cases you need to present the data to various…
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7 Trends in Data Visualization That Matter
Data visualization is an extremely powerful manner to generate business insights and arrive at better, data-driven decisions. The way in which visualizations are created has evolved over time — from the simple and static charts of the past to interactive, engaging visuals today. What are the current trends in data visualization that give us a…
Accurate Data are Not Created Equal
The quality of data cannot be stated in absolute terms as it is relative to the intended application. The same set of data may be considered to be of good or poor quality based on a particular situation or application. Hence the saying that “all accurate data are not created equal.” Data is considered to…
The Psychology Behind Data Visualization
Data helps us to make sense of our world. We draw meaning, find patterns, make associations, create maps and models which help us get insights, understand trends, and make informed decisions. We seek and remember the stories that data tells. But the large volume and complexity of data can be difficult for our brains to…
Is Your Business Presenting Data Visually?
Using data visualization techniques to present information visually highlights patterns and trends, enabling users to find meaning and delve further to uncover insights. Such techniques are growing in importance with more and more data being collected in every field of business, so much so that it is hard to tell what data is important and…
Data Visualization Statistics
Data is power. While we apply the power of data visualization to various aspects of our business operations, it’s interesting to look at the way in which data visualization is impacting the world, and how it came to doing so. Here is a list of the most compelling data visualization statistics, facts and history: Statistics…
The 9 Most Important Data Visualization Best Practices
How can you ensure that your data visualizations are effective as well as visually appealing? The key is to define the purpose correctly, choose the right approach, select the right formats, and adopt good design principles. Below are proven data visualization best practices to help you get all these aspects right: Know the audience and…
The True Value of Data Visualization
The power of data visualization to highlight trends, patterns, correlations, causes, and facilitate the achievement of a variety of business targets by equipping decision-makers with insights is amply recognized. Let’s now look at the true value of data visualization by examining business outcomes that have been positively impacted by the availability of visual data. Specifically,…
How to Improve Your Data Visualization Process
Organizations today receive an ever-increasing volume, velocity, and variety of data. A powerful organizational data visualization system can pull this data from multiple sources, analyze it and present it in the right visual formats that help decision making. In the absence of such a system, data is fragmented in silos across the company and there…
Data Visualization Tools: Our Top 5 Picks
Data visualization tools or software play a vital role in enabling organizations to leverage the power of visual data and unlock value from the vast amount of data that’s generated. While some data visualization tools are standalone, others are integrated into a Business Intelligence (BI) platform. If you require advanced BI functionalities such as predictive…