The graphical depiction
of information and data is known as data visualization. Data visualization
tools make it easy to examine and comprehend trends, outliers, and patterns in
data by employing visual elements like charts, graphs, and maps. You may have a
better understanding of the process by using technology to drill down into
charts and graphs for more information, modifying what data you see and how
it's handled in real time. When the data is large, such as in a time series, it
is a very efficient way of communication. By converting information into a
visual context, data visualization makes it easier for the human brain to grasp
and extract insights from data, such as a map or graph.
Why is
data visualization important?
Data visualization is critical in practically every field. It
can be utilized by data scientists who are researching artificial intelligence
(AI) developments, sales executives who want to exchange information with
stakeholders, or big data projects. Businesses required a way to rapidly and
easily acquire an overview of their data as they amassed large amounts of data
during the early years of the big data trend. The use of visualization tools
was a nice fit.
For similar reasons, advanced
analytics is referred known as visualization. When a data scientist uses
advanced Predictive Analytics or machine learning (ML) techniques, it's
critical to visualize the results in order to track progress and confirm that
the models are operating as expected. This is due to the fact that visual
representations of complex algorithms are usually easier to understand than
numerical outputs.
Data visualization can also assist businesses in determining
which factors influence customer behavior,
identifying areas that need to be improved or given more attention, making data
more memorable for stakeholders, determining when and where specific products
should be placed, and forecasting sales volumes.