Smart Data Collective

APRIL 7, 2022

Data visualization has become a major part of life for those looking to make use of the large swathes of data available in the modern world. That’s where data visualization comes in. Data visualization is, to put it simply, converting hard data and lists of numbers or facts, into an easier to comprehend form.

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Visualization Strategy Broadcasting Big Data 134

datapine

FEBRUARY 9, 2024

4) How to Select Your KPIs 5) Avoid These KPI Mistakes 6) How To Choose A KPI Management Solution 7) KPI Management Examples Fact: 100% of statistics strategically placed at the top of blog posts are a direct result of people studying the dynamics of Key Performance Indicators, or KPIs. What happens next?

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KPI Management Key Performance Indicator Measurement 221

Jet Global

JULY 12, 2023

Editors note: This blog was originally published in October 2013, and has been completely revamped and updated for accuracy, relevancy, and comprehensiveness in September 2019 Prior to the 17th century, data visualization existed mainly in the realm of maps, displaying land markers, cities, roads, and resources.

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Visualization Statistics Scorecard Measurement 59

IBM Big Data Hub

AUGUST 3, 2023

Resource usage: This measures the percentage of available resources an application is using at any particular time. MTTD (also sometimes referred to as mean time to discover) measures the average time it takes to identify that an application or part of the IT system has failed.

Measurement 65

Measurement Metrics Risk Software 65

Darkhorse

FEBRUARY 16, 2022

Using physical objects to display data and create visualizations may seem counterintuitive, but doing so can be incredibly effective and engaging. You can arrange charts differently with your hands or measure scale with sound. The video above showcases 5 of the most inspiring physical visualizations we’ve come across.

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Visualization Measurement IT 59

datapine

NOVEMBER 6, 2023

That is because visuals make it easier to convey and understand critical information, breaching the knowledge gap between audiences across industries. That being said, for data visualizations to be successful and avoid misleading your audience, it is necessary to understand the different use cases for each visual.

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Visualization Cost-Benefit KPI Sales 186

datapine

NOVEMBER 30, 2023

2) When & When Not To Use Tables 4) Types Of Table Charts 5) How To Make A Table Chart 6) Table Graph Examples Visual representations of data are all around us. That being said, as much as visuals can make our analytical experiences easier, they can also become our worst enemy if not used correctly. What Is A Table Graph?

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Visualization Cost-Benefit Sales KPI 186

BizAcuity

SEPTEMBER 5, 2022

To quote Peter Druker, ‘What gets measured, gets managed.’ GAMWIT , a SaaS solution built by BizAcuity empowers game developers with powerful visual analytics. Evolution from MS Excel to Visual Reporting. Integrated data capture and visual analytics is not possible with Excel. Modern Visual Analytics Tools.

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Visualization Analytics Data Warehouse Consulting 98

datapine

OCTOBER 11, 2023

A Warehouse KPI is a measurement that helps warehousing managers to track the performance of their inventory management, order fulfillment, picking and packing, transportation, and overall operations. These powerful measurements will allow you to track all activities in real-time to ensure everything runs smoothly and safely.

Metrics 217

Metrics KPI Management Cost-Benefit 217

The Data Visualisation Catalogue

APRIL 26, 2024

While this visualisation technique is a variation of the classic Box Plot , a Functional Box Plot is visually very different and instead plots a combination of lines and areas to communicate the various data ranges. This region provides a robust measure of the spread of the central 50% of the curves. IQR rule for traditional Box Plots.

Snapshot 98

Snapshot Statistics Visualization Measurement 98

Sisense

JUNE 26, 2020

The human brain processes visual data better than any other kind of data, which is good because about 90% of the information our brains process is visual. The human brain processes visual data better than any other kind of data, which is good because about 90% of the information our brains process is visual.

Visualization 97

Visualization Unstructured Data Measurement Data-driven 97

datapine

MAY 2, 2019

Modern dashboard software makes it simpler than ever to merge and visualize data in a way that’s as inspiring as it is accessible. Knowing what story you want to tell (analyzing the data) tells you which data visualization type to use. Let’s assume you have the right data and the right data visualization software. Distribution.

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Visualization Dashboards Sales KPI 173

Darkhorse

OCTOBER 1, 2019

This is part one of a two-part series on building effective visualizations. In this post, we take a shallow dive into evaluating existing visualizations. It’s very easy to visualize data. As a result, we’ve become accustomed to complex, confusing, and essentially useless visualizations that obfuscate rather than inform.

Visualization 93

Visualization Contextual Data Measurement Interactive 93

The Data Visualisation Catalogue

APRIL 8, 2024

One of the notable features of a Beanplot is its ability to highlight anomalies in the data, such as bimodal distributions or duplicate measurements. Beanplot: A Boxplot Alternative for Visual Comparison of Distributions, Peter Kampstra Figure 4: An asymmetric beanplot of the singers.

Snapshot 86

Snapshot Visualization Statistics Measurement 86

datapine

MAY 5, 2023

YoY growth is an effective means of measuring your ongoing progress and making sure your business is moving in the right direction. Year over year growth is a KPI that allows you to measure and benchmark your progress against a comparison period of 12 months before. That’s where year over year (YoY) growth enters the mix.

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datapine

OCTOBER 7, 2020

We have written about management reporting methods that can be utilized in the modern practice of creating powerful analysis, bringing complex data into simple visuals, and employ them to make actionable decisions. Your Chance: Want to visualize & track operational metrics with ease? What gets measured gets done.” – Peter Drucker.

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KPI Metrics Sales Visualization 269

Smarten

JULY 13, 2022

As your business moves toward metrics and measurable results and embraces analytics, it is likely to consider the implementation of augmented analytics across the enterprise. What is Smart Data Visualization? How Does Smart Data Visualization Work? What Can My Business Do with Smart Data Visualization?

Visualization 52

Visualization Machine Learning Reporting Metrics 52

datapine

JUNE 3, 2021

Data visualization is a fundamental step for successful data analysis. By giving your information a visual context, you make it more understandable and prepared to identify trends, patterns, or problems. In this post, we will introduce you to one of the most straightforward types of data visualizations, the gauge chart.

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KPI Metrics Visualization Cost-Benefit 218

datapine

FEBRUARY 3, 2022

Essentially, Key Performance Indicators or KPIs measure performance or progress based on specific business goals and objectives. Companies usually visualize these measurements together with the help of interactive KPI reports. While they are both quantitative measurements, they are used for different purposes.

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Metrics KPI Key Performance Indicator Sales 189

datapine

MARCH 21, 2023

2) Pros & Cons Of Column Charts 3) When To Use A Column Graph 4) Types Of Column Charts 5) Column Graphs & Charts Best Practices 6) Column Chart Examples Data visualization has been a part of our lives for many many years now. They are easy to understand: Column graphs are one of the easiest visualizations to understand.

Visualization 174

Visualization Sales KPI Dashboards 174

datapine

JANUARY 6, 2022

Through the art of streamlined visual communication, data dashboards permit businesses to engage in real-time and informed decision-making and are key instruments in data interpretation. Interval: a measurement scale where data is grouped into categories with orderly and equal distances between the categories.

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Visualization Dashboards Cost-Benefit Measurement 246

datapine

NOVEMBER 15, 2022

Product metrics are quantitative performance measurements used by businesses to gain insights into various areas like product development, pricing, quality, and more. They can evaluate architectural measures, quality measures, software complexity, or functional size. What Are Product Metrics?

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Metrics KPI Measurement Dashboards 141

datapine

FEBRUARY 23, 2023

That said, there is still a lack of charting literacy due to the wide range of visuals available to us and the misuse of statistics. In many cases, even the chart designers are not picking the right visuals to convey the information in the correct way. Let’s dive into them.

Visualization 177

Visualization Dashboards Sales Measurement 177

IBM Big Data Hub

APRIL 19, 2024

This blog series discusses the complex tasks energy utility companies face as they shift to holistic grid asset management to manage through the energy transition. Robots and drones perform inspections by using AI-based visual recognition techniques. Cybersecurity reduces risk exposure for cyberattacks on digitally connected assets.

Management 88

Management Internet of Things Risk IoT 88

datapine

AUGUST 19, 2020

Collecting big amounts of data is not the only thing to do; knowing how to process, analyze, and visualize the insights you gain from it is key. Your Chance: Want to visualize & track inventory KPIs with ease? Your Chance: Want to visualize & track inventory KPIs with ease? What Are Inventory Metrics?

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Metrics KPI Cost-Benefit Dashboards 286

datapine

DECEMBER 28, 2021

These controlling measures are essential and should be part of any experiment or survey – unfortunately, that isn’t always the case. This means that there is no definable justification for the placement of the visible measurement lines. In 2012, the global mean temperature was measured at 58.2 But this didn’t come easy.

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Statistics Advertising Visualization Data mining 363

datapine

MAY 28, 2019

The essential element in this step is to be able to answer in what way your company or organization makes business decisions, and how the quality of these decisions is measured. Implement your BI solution and measure success. The final BI project template looked similar to this visual: **click to enlarge**.

Business Intelligence 317

Business Intelligence KPI Dashboards Reporting 317

The Data Visualisation Catalogue

MARCH 20, 2024

Not to be confused with the visually very similar Tornado Diagram or Population Pyramid. While the units of measure and value scales for each side might not always be the same, they typically should be. A Diverging Bar Chart is a visualisation of (typically) two contrasting data series displayed horizontally and side-by-side.

Snapshot 85

Snapshot Visualization Measurement Reporting 85

erwin

JUNE 27, 2019

There’s an expression: measure twice, cut once. Data modeling is the upfront “measuring tool” that helps organizations reduce time and avoid guesswork in a low-cost environment. Ability to visualize business and technical database structures through an integrated, graphical model. Evaluating a Data Modeling Tool – Key Features.

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Measurement Modeling Unstructured Data Metadata 81

datapine

FEBRUARY 14, 2021

Your Chance: Want to visualize & track supply chain metrics with ease? The shorter the conversion cycle the better, and this invaluable supply chain metric will help you take the right measures to ensure that you can run your business with less money tied up in operations. But first, let’s start with the basic definition.

Metrics 260

Metrics KPI Dashboards Sales 260

datapine

OCTOBER 29, 2021

Armed with powerful visualizations and real-time data, modern weekly summary reports enable businesses to closely monitor their performance and the progress of their strategies to extract relevant insights and optimize their processes to ensure constant growth. Try our professional reporting software for 14 days, completely free!

Interactive 220

Interactive Reporting Dashboards Metrics 220

datapine

JUNE 18, 2019

A data-driven finance report is also an effective means of remaining updated with any significant progress or changes in the status of your finances, and help you measure your financial results, cash flow, and financial position. These are powerful tools that you can apply to increase internal business performance.

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Reporting Metrics KPI Finance 251

IBM Big Data Hub

MARCH 29, 2024

PromQL allows developers and IT departments to aggregate data metrics and turn them into histograms–graphs and dashboards for greater visualization. Counters are used to measure completed tasks, the number of errors that occurred during a defined period, or the number of running processes or microservices.

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Metrics Visualization Measurement Optimization 78

datapine

JUNE 3, 2019

To compete, evolve, and remain relevant, today’s forward-thinking businesses always strive to improve the efficiency of their internal processes while measuring their success – and hiring talent is no exception. .” – Bill Gates. According to ManpowerGroup, around 72.8% That’s where recruitment metrics come in.

Metrics 210

Metrics Dashboards KPI Measurement 210

The Data Visualisation Catalogue

FEBRUARY 20, 2024

It provides a visual delineation of the main body of the data, illustrating its shape and arrangement within the dataset. Outliers can represented as asterisks or are highlighted with red or another bright colour to make them visually more detectable. COMPUTATION OF ROBUST STATISTICS: DEPTH, MEDIAN, AND RELATED MEASURES Figure 4.

Snapshot 77

Snapshot Statistics Visualization Measurement 77

datapine

AUGUST 12, 2020

Here we take the time to define business report, explore visual report examples, and look at how to write one for various needs, goals, and objectives. In the process, we will use an online data visualization software that lets us interact with, and drill deeper into bits and pieces of relevant data. Let’s get started.

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Reporting Dashboards Visualization Cost-Benefit 297

datapine

APRIL 2, 2020

By measuring KPIs regularly and automatically, you can increase productivity and decrease costs. . By selecting the right KPIs for various areas of the business, it’s possible to use them to arrange as well as visualize large datasets. To track KPIs is to gain greater business intelligence. Primary KPIs: Customer Acquisition Costs.

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KPI Key Performance Indicator Software Cost-Benefit 195