The buzzword ‘Big Data’ is changing everything; it is the call for the hour. In this day and age, companies in diverse domains have invested themselves in recording user interaction with their services and/or products to recognise distinctive patterns and trends in consumer behaviour, to get an insight on the market and understand better the company’s marketing efforts. These help the companies come to appropriate business decisions that will push them towards success and perk up their overall performance.
So, what is Data Visualization and its tools?
Data Visualization is a way or method of representing raw and unfiltered data through graphs, Venn diagrams, pie charts, etc. It allows business executives and analysts to explore and get deep insights on their company data. The human eye is attracted to colours, shapes, and patterns – almost 90% of the information that the human brain processes are visual. The visual format helps one to arrive at prompt decisions as visual guides are easy to read and comprehend, rather than written reports.
When one is taking into consideration certain business policies and goals, Data Visualization is of assistance to decision-makers in several ways to develop insights. The six significant benefits of Data Visualization are:
- Understanding the entire picture of the company
- Better analysis and solutions
- Quick action can be decided upon and taken
- Identifying patterns, trends and prototypes
- Finding errors quickly
- Exploring business insights efficiently
Read more: 8 Astonishing Benefits of Data Visualization
Top Data Visualization Tools
Tableau Data Visualization Def: It is the Data Visualization tool that you can use to observe and visualize data in a straightforward manner. You can use it to create charts and maps by simplifying raw data into an understandable format.
In order to enhance the visual representations, one can also find the desktop application of Tableau. Furthermore, the tool offers solutions which make it easier to see reports online re are solutions which give the option to help visualize the reports online or with mobile apps.
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It is most appropriate for corporate agencies and companies who are looking for solutions through collected data without needing to create a manual set-up.
- This product is mobile device-friendly and it updates itself to the latest version without much difficulty.
- Provides customer support that meets with an extensive range of requirements.
- Easily allows for data blending making the job easier.
- It can perform analysis of the company data in real time.
- The software provides admission to multiple data analytics
Use the additional tool, Tableau Public. The only difference is that you cannot save reports locally.
- One cannot automatically refresh the reports in this software.
- The solution is not very comprehensive, and one might need some prior knowledge of SQL.
The plan starts from approx Rs. 700 per user for a month and goes up to Rs. 5000 per user for a month.
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Infogram is a complete web-based infographics and Data Visualization platform. It allows one to create and share pictoral representations such as maps and infographics by taking into account all the data generated and collected and converting them into a graphical database.
Additionally, one can embed, share and/or publish these pictoral representations on any platform. The tool is extremely easy to use and is appropriate for marketing teams, government bodies, college students and professionals.
Sales and marketing professionals and organisations can take full advantage of this tool. Options of multiple Templates along with charts make it ideal for financial organisations.
- It is a very user-friendly tool.
- Offers a variety of templates. that can be customised You can add favourite colours, change fonts or include logos.
- It has a liberal range of images, icons, and flags.
- Looking to create graphical representation for you social media posts. The tool will help with dashboards, and reports, also
- The project templates, with a few modifications, can easily turn data into content users will find interesting and engaging
- Many users find it a challenge to navigate through the data.
- Customer support is not up to the mark and need to be updated to meet today’s service standards.
You can buy plans starting from approx Rs. 1200 a month and going up Itto Rs. 12,000 a month. It has a special FREEMIUM plan – it means you buy only the services and features that you consider essential.
ChartBlocks is an innovative tool facilitating the import of data within seconds. There is the option of uploading your data on the Chartbox App directly. It comes with an option- CHART BUILDER. Create a chart that you require to your specifications and then on to your website.
It can be used for multiple industries including retails, BFSI, healthcare and more.
- The process of uploading and importing data is seamless and extremely easy.
- Provides excellent customer support
- The charts and graphs created, become useable and sharable within minutes.
- Create a whole set of charts with the help of the same data
- It is a new age tool which also has a built-in social media tool. So,this means it is easier than ever to share charts or embed them to your social platforms. Use it on multiple devices, screens and sizes.
- The space to upload data, raw or unstructured, is restricted.
- If you are using the free version, then you may have to compromise on the export quality.
When you buy the first plan, it is offered free and without a cost. However, the paid plans can cost you approx Rs 1500 per month.
Datawrapper is one of the few user-friendly yet extremely extensive Data Visualization tool on the list. By simply uploading the CSV dataset into the tool one can make a chart or a map that can in turn be easily embedded into a website. Among other features the tool provides, one can generate pie charts, line charts, bar charts (horizontal and vertical), and maps. All the graphical representations that are created using the tool can be read on all other devices and screen sizes.
It is fitting for small business organisations or agencies and students looking for tools that are simple to use.
- There are a large number of pictoral representations that you can choose from.
- It does not need the user to code or have prior, technical knowledge.
- All the pictoral representation that you use are saved automatically. DataWrapper is compatible with all operating systems.
- All the data that you upload while using the free plan will move to the storage of the DataWrapper server.
- Difficult to customise colours and fonts.
- Lack of flexibility with visuals.
If you are looking for the basic features, it is a free tool. The paid version of the tool starts from approximately Rs. 3,000 per month.
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Plotly is a great tool if you are looking to create graphs and charts. That is not all that it can be used for, you can use to get an indepth report on the data that you are collecting. You are easily able to track the data that is fed into the tool. The user interface you can be customised You can use the tool to export reports which you can use for business intelligence.
Best suited for enterprises that work with data science and AI. Apart from this, it is a tool that SMEs and students can use for their benefit.
- It provides the user with several deployment options. Use these options to get hold of solutions in more than one way.
- You can add several team members for the purpose of streamlining task and ensuring smooth collaborations.
- You can look forwards to getting interactive reports.
- It provides simulation modelling with the help of data visualisation and custom dashboards.
- It supports many languages inclusingPython, R, Node, etc
- Lack of efficient customer support – you cannot reach out on the phone
- If you want the pricing plans, you will not find them on the website
The freemium plan provides the basic features. More advanced functions are available on the cost-effective paid plan that starts at approx Rs, 4500 annually.
Also read: Data Visualization types
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Data is the most expensive investment and resource for all organisations, as they can use it to create the policies defining their short-term and long-term goals. As such, using the latest data visualisation tools is a mandatory requirement. Since, the data is presented with the help of graphs, it helps a data scientist or analyst look at and find outliers and hidden trends. These trends may not be visible to the human mind as it is not trained to look at plain numbers.
What are the characteristics of Tableau?
Tableau is one of the leading data visualization tools of this decade. It is a feature-rich data visualization tool that eases up your tasks. Tableau comes with a Tableau desktop that enables you to gather data from different sources and lets you create a customized dashboard.
After setting up your customized dashboard, you can share your work with your team using Tableau Server which is available for both Windows and Linux. It also provides a unique feature named Tableau Public that allows you to visualize your data in the form of worksheets and workbooks.
How does data visualization prove to be more effective?
Data visualization helps to present the results of analysis using pictures and interactive visuals in the form of a story. Data visualization not only helps the clients to understand the results but also helps the data scientists and analysts to understand the data more effectively.
There are many data visualization tools in the market that provide a lot of useful and amazing features like interactive dashboards, storytelling features, collaborative features, and a lot more.
Are there any disadvantages of data visualization?
Nothing comes without shortcomings and that’s why data visualization also has some disadvantages. These cons do not seem to be much significant when talked about with the pros. However, if analysed closely, these disadvantages can even create problems.
The correlations used in data visualization often lead to false relations. A slight variation in the axes can change the whole scenario of data interpretation. If you are using small data samples, then be ready to get misleading results as you should always go with a large number of trials for getting results.