When you present data in a visual format, it means you create data visualization (data viz). According to an article on Career Foundry, data visualization is painting a vivid picture and recounting a meaningful story using charts, graphs, and maps.
Basically, data visualization makes everyone’s life easier. Gone are the days where you pore over reams of data tediously to decipher and derive information. With data viz, the essential and useful insights are highlighted from a bulk of data. This, in turn, facilitates your identification of correlations, statistics, trends, and patterns. Effective data visualization enables you to spot patterns and trends at a cursory glance – understanding data is the aim of visualizing data. You can only use data to drive actions and decisions if you can make sense of it.
Why should we prioritize visualizing data in business?
For starters, data visualization is an important part of data analytics. We live in a world where data science rules, especially in business – companies predict, plan for the future, and learn from the past – based on generated data. Industries leverage data viz to improve their business operations and make smart decisions.
Bear in mind that your stakeholders are not data experts. So, visualize your data in a way that can be understood by a range of audiences. Crisp, clear, and concise data visualization lies in your hands as a data scientist or data analyst. Impress your stakeholders by painting a picture worth a thousand words via data viz!
How do we benefit from applying data visualization in our business?
Predictive and historical data is greatly helping businesses like yours to thrive. When your data is visually accessible, you can communicate findings and insights to non-data experts, thereby prompting action. You can emphasize a given context through a meaningful and impactful story in bite-sized, visually appealing, and enlightening data. Different data visualizations enable you to tell different stories contained in broader data sets.
By registering for the Data Analytics certificate course offered by Genashtim in collaboration with eCornell, learn to extract and interpret data meaningfully through visual effects to achieve the best results.
eCornell courses are approved by SkillsFuture Singapore for SkillsFuture Credit as well as by HRD Corp Malaysia under its SBL-Khas Scheme.