WHAT IS DATA VISUALIZATION?
What is data visualization?
Data visualization allows executives and any business department manager to analyze their organizational data. All sectors can benefit from it, from human resources to sales, operations, marketing and more. This practice is essential for companies that want to evolve and remain competitive in their market. Effective data capture is a key source of information to help find solutions and align your next organizational actions.
That being said, collecting a huge amount of data can quickly create a surplus of information that is difficult to analyze. That’s why it’s important to have a powerful data integration and analysis platform, which will allow you to have the necessary hindsight to properly visualize all your data and make informed decisions.
Which tool makes data visualization easier?
The Power BI platform powered by Microsoft is a gold mine when it comes to visualizing your data. Indeed, when properly implemented within a company, Power BI allows the creation of fully customized reports presenting the data required for your analytical needs. At Faction A, our experts will guide you through every step of the Power BI platform deployment to give your company a revealing and concise view of the data that will guide your next organizational decisions.
How does Power BI work?
Power BI takes its name from “Business Intelligence”. This term, which is becoming more and more common in the business world, works in four main steps: data collection, integration, dissemination and restitution, which allows the creation of clear visuals to analyze the data. Each of these steps is done by itself, without the need for additional manual actions following the implementation of Power BI and its components.
Why use dashboards?
The dashboards generated by Power BI certainly have multiple benefits. That being said, the benefit that stands out the most when we introduce this powerful platform to new companies is its ability to present complex and disparate metrics in a simple and accessible visual for everyone.
Indeed, as mentioned earlier in the article, data visualization helps business leaders in their decision making. However, not all data analysis is accessible to everyone and can sometimes seem cumbersome or complex to share with your entire organization. This is where Power BI comes into its own. Indeed, Microsoft’s platform allows you to create clear tables and visuals for everyone. It is a kind of “popularizer” of your data that helps you make clear decisions that justify your next business actions. This improved communication within your company promotes the understanding of objectives for all departments and thus the achievement of your next business objectives.
If you would like to know more about Power BI and its concrete benefits within your company, do not hesitate to contact us now. Our experts at Faction A will be happy to guide you through the next steps.