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The Role of Data Visualization Services in Turning Big Data Into Actionable Insights

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The Role of Data Visualization Services in Turning Big Data Into Actionable Insights

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© © All Rights Reserved
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The Role of Data Visualization Services in Turning Big Data into

Actionable Insights

To bring order inside every business there is a flowing stream of data through
which information gets processed. It is however not enough to just collect data
but turn them into sensible insights which forms a basis for decision making and
strategizing in organizations. This task has been made easier with the
emergence of some data visualization services that help us create a bridge
between complicated data sets and insightful details.
Understanding Data Visualization Services
Data visualization services involve various instruments and techniques
focused on visually representing information. This may involve making use of
charts, graphs, maps, as well as dashboards used to depict information that is
difficult to comprehend or interpret at first glance. The main purpose of such
services is to make it easy for organizations to understand their data which
enables them to detect the trends, patterns and outliers in the dataset that
would otherwise remain unnoticed in a raw format. It takes note that one of the
reasons why these services are very important is because human brain
processes visual data much faster compared to text-based information. Related
research showed that visuals can enhance comprehensibility and retention levels
by up 65 percent compared with standard ways of presenting data. In business
setting where quick and sound decisions can provide competitive edge, this
ability becomes very important.

Transforming Big Data into Insights


Huge amounts of data have been generated in both structured and unstructured
formats every second, which is known as big data. Businesses are unable to gain
valuable insights from their data because traditional techniques for analysing it
often cannot handle its huge scale and complexity. This problem is dealt with by
data visualization services in different ways:
 Using Visualization Tools to Simplify Big Data: Decision makers no
longer need to spend several hours poring over spreadsheets or going
through various databases that provide them with information they require
at once. It is, therefore, essential for them to have an understanding of
how visualization applications convert huge volumes of data into easy-to-
understand formats.
 Real-Time Data Access: Most providers of data visualisation offer real
time analytics so that businesses always have the most up-to-date
information available. This immediate availability is very important when it
comes to making informed decisions in rapidly changing workplaces.
 Identifying Patterns and Trends: Methods of data visualization aid in
the identification of features that would otherwise go unnoticed in raw
data. For instance, a line graph of sales can tell whether sales are
increasing or decreasing, while heat maps can show how sales have
performed within a geographical area helping businesses to implement the
necessary changes, they deem fit.
 Enhanced Decision-Making: Organizations that utilize visual
representation of information take quicker and well-informed decisions
than their counterpart who rely on mere text. According to research data
visualization users make decisions five times faster than those who do not
utilize it.

Benefits of Data Visualization Services


The execution of data representation services comes with a lot of advantages to
the organizations. These advantages lead, largely, to improved operational
efficiency and decision-making. One of these advantages is enhanced
cooperation as visual data representations facilitate better communication
among teams. When everyone sees similar visual data, discussions become
more meaningful resulting into collective decision making. Trendier engagement
is also achieved through interactive visualisations that please users compared to
static reports; thus, providing an opportunity to look at how things work
dynamically and drill down into areas that are interesting which helps
understanding and retain it for longer periods.
Besides, data visualisation services tell stories using numbers where
organizations can use them in a narrative form helping convey crucial messages
to stakeholders and become champions for some strategic transformations. In
addition, these services promote accessibility through non-technical users whose
intention is to democratise information so that other workers may benefit from
data-driven insights hence developing a culture of understanding about
information inside the organization whenever the right time comes about doing
this task from scratch (which may take some time). All in all, they do not only
simplify complex information but also enable better decisions making by
organizations based on lucidly presented ideas that everybody can see.

The Future of Data Visualization Services


Data visualization services have always been important, and the
advancements in technology will only make them crucial. Data visualization tools
are now beginning to incorporate artificial intelligence (AI) and machine learning
(ML), which guarantee improved insights discovery from big data. These
advancements will enable businesses to do extensive analyses that can help
them forecast trends and make proactive choices.
Also, there is a huge demand for data visualization services due to the
growing focus on using evidence in decision-making across industries.
Organizations can gain a competitive advantage by investing in strong data
visualization services since they realize how valuable it is when it comes to
converting information into actual actions.

How can we “HEXAVIEW” help


The role of Hexaview Technologies is significant in making actionable insights
available using big data through its specialized services on data visualization.
To facilitate efficient storage and retrieval of enormous quantities of both
structured as well as unstructured data, organizations may use advanced data
management solutions like Data Lakes or Data Warehouses which are provided
by Hexaview. This is done through the conversion of complex data sets into
interactive dashboards, charts and graphs thus enabling decision-makers to
easily identify trends and patterns.

Key contributions include:


 Real-Time Insights: Hexaview avails the present data immediately as it
is and thus, the organizations can act fast to new developing trends
 Effective Storytelling: The company supports its strategic initiatives by
emphasizing on visual narratives that communicate insights clearly.
 Industry Specific Services: These are purpose tailored services meant
to cater for distinct problems of different fields such as finance and health
care while observing legal rules.
 Loyalty towards Innovation: Hexaview works on the basis of continuous
innovations making sure that it has high quality services and modern
solutions to offer its customers.

Citation
1. https://www.salesforce.com/ca/hub/analytics/why-use-big-data-
visualization/?bc=HA
2. https://www2.deloitte.com/nl/nl/pages/tax/articles/bps-the-five-
benefits-of-data-visualization.html
3. https://www.simplilearn.com/data-visualization-tools-article
4. https://www.digiteum.com/data-visualization-your-business/

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