As an enterprise dealing with big files & numbers daily, you would usually find it hard to read the data and spot patterns easily. And in many cases, information alone is not enough for efficient decision-making. Therefore next-gen organizations rely on developing visual reports that are focused on creating stories.
Luckily, there’s a technology interface available that can help visualize all the company facts into dashboards, graphs and reports. Nowadays, companies across domains are utilizing this mechanism to identify trends, patterns, anything to gain insight into their target market and make appropriate business decisions and improve their overall performance.
As a subset of Business Intelligence, the exploration of this invaluable user interaction takes the form of Data Visualization. It can help transform your data into an engaging story with details and patterns. To make it a bit easier, we’ve demonstrated one set of data in two different ways to showcase how the graph is easier to understand at a glance.
Keep reading as we try to uncover and discover, how by taking advantage of data visualization, companies like you stand a chance to reap transformation benefits from the insight-driven reports.
Here’s What We’ll Cover:
As one of the essential steps, it takes into account the raw input, models it, and delivers it across to enable users to conclude.
Don’t go by our word, here’s a testimony from the real world on why data visualization is important and it is making strides;
Data beyond visuals;
With an interactive visual representation of information, a business can now recognize patterns more quickly. Here are some of the more specific ways how data viz can benefit businesses;
Our proficient team can help create an insightful narrative with accompanying visualization in a more meaningful way.
You can leverage our comprehensive Power BI services to extract intelligent insights and make decisions on the go.
Further, do read this blog, if you wish to learn how to harness PowerBI’s potential to extract useful & actionable insights.
An information visualization tool enables monitoring events or activities in real-time by providing insights on one or more pages or screens. Though unlike an infographic, which presents a static graphical representation, a dashboard pulls complex input points directly from large data sets. Further, an interactive console can make it easy to sort, filter, or drill into different types as needed.
Explore our process on how we try to break down the larger chunks into smaller actionable pieces while creating any visualization solution for your challenges;
1) Define Intent
Identify the problem we’re trying to solve. The goal is to clearly understand what sort of representation is required and based on the same – types, elements and data sets are identified that would prove to be effective in the long run
2) Refining and cleansing of data
Based on the data set structure typology it is vital to analyze rows and columns to understand inconsistencies. Further, it involves removing unnecessary variables, deleting duplicate rows/columns, addressing inconsistencies, standardization, fixing missing values, correcting typographical errors, and more.
3) Modeling of data by checking visual validity
Based on basic visual models, we try to understand enormous data sets – ID patterns and trends to fine-tune the message ( in the form of fields, parameters and more) that needs to be communicated to be conveyed to the end-users.
4) Experiment – with style & structure
Our team works with different draft design versions to test out a variety of visualization options (charts and more) to represent data while staying within the identified visual standards.
5) Test, iterate and refine
With step 4, we try to gather user impressions and opinions to further research how to influence the visualization method with iterations to justify changes. An essential component of this would be to also check for bugs, functional errors and possible inconsistencies with design elements.
Finally, the prepared data set in charts or graphs format with informational insights is put to use.
To conclude, building effective visual formats on new-age data platforms is the key to unlocking valuable insights. There is no one-size-fits-all approach for visualization. Do explore our Data Visualization Services to learn how we develop custom solutions by breaking down information silos to analyze better and enable better business outcomes.
With a collaborative approach, our team of data evangelists can create immersive dashboards & rich visuals that drive business with faster, smarter & informed decisions. Our proficiency in custom developing a variety of charts and interactive dashboards has helped most of them with increased visibility and leverage hidden patterns while making impactful decisions.