Big Data Visualization
Big data visualization is a way for us to get a presentation
of our data in a pictorial or graphical format. For centuries humans have
depended on visual representations like charts and maps to understand
information more easily and quickly. As our business continually collects more
data it gets harder for us to interpret any analytical results. By using
different types of software to help us visualize our data we can predict trends
and spikes in customer demand. We can predict which stores would make the most
out of new products based on the data that we have stored on customer habits.
We could even predict inventory levels at the various stores which would enable
us to stay ahead of any shortages of a particular product. Some of the advantages
and disadvantages are:
Advantages
- · Makes big data comprehensible
- · Predicts trends
- · Visualizations can give us more insight into the nature of a problem and discover new understanding.
Disadvantages
- · They can be potentially misleading if someone doesn’t understand the context
- · There can be multiple implicit meanings which are inherent in visualizations and can be interpreted differently
Since everyone can understand visualizations better than
they can large data sets, this technology will only serve to enhance our
understanding of the data that is affecting our business. My recommendation
would be to implement this technology in order to give us the insight that will
allow to stay as leaders in our industry.
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