In today’s world business industry has expanded widely, and it requires a guide which shows and helps in following a trend. And this purpose is fulfilled by data visualization tools. First, you have to know what data visualization is. It is the diagrammatic representation of information and data by graphs, pie-charts, bar diagrams etc. Now, a visualization tool is nothing but a mediator which studies the diagrammatic data and makes reports of the trending strategies, outliers and patterns in data.
Why is it so important?
- It helps to understand the statistical data representations easily and more accurately.
- It also allows every employee to have access to the documents throughout the organization.
- Plays pivotal roles in handing big and analytical projects.
- Allows transferring documents to powerpoint, word, and excel.
Various types of visualization tools are found in the market that is used by different business companies according to their choices. Let us discuss some of them so that you can get a clear cut idea about it:
- Microsoft Power BI:
This visualization tool is the most commonly used one. It analyzes data and stores more data, including old ones. It also offers visuals of the rate changing of every field via diagrams such as pie chart, bar diagram or histogram. Windows software named, Microsoft Power BI personal gateway allows a handler to share documents and keep it fresh by connecting with on-premises data sources. It’s excel spreadsheet or cloud services, streaming data or big data power BI allows the user to connect with every possible data structures.
It also gives a storage capacity of 1 GB per user so as to serve and store freely. If someone needs more data, he/ she can update it by pro services given by Microsoft. The tool is used by business fields of different organizations like finance, sales, marketing, designing, imports exports etc. Generally, this tool can be obtained for free that is the free version, but for the pro version, you have to either buy it or pay monthly subscriptions.
- Oracle Visual Analyzer:
This tool is another software introduced by Oracle business-based cloud services. Apart from analysis, visualization and interaction of data diagrams, oracle visual analyzer also provides configuration dashboards. This tool also gives opportunities to create and share visual data along with updating options. Usually, this software provides an advanced and detailed analysis of a subject. But to promote them in an upgraded way, you should get the pro version of the visualization tool. So to get an in-depth analysis and configured dashboards, you should deal with this one. Large scale enterprises mostly use this tool.
Qlik is one of the best visualization tools that are found in the market. It holds high rank in Gartner‘s 2017 report. It offers you various features and activities to do like data visualization, data interpretation, Qlik view options, Qlik sense and Qlik analytics platforms. It allows you to cut, crop, paste and copy different figures. It also helps you to collaborate into documents, i.e. collaging of visual diagrams. It can create smart visuals with drag-and-drop options. Merging of various figures in one document is also allowed, which thrives best for featuring any presentation or project. It also helps you to search, analyze and research more data along with revealing and collaborating according to needs. It also helps you to explore complicated data with ease. This tool is found in different versions of computer, mobile, clouds, etc.
- Tibco Spotfire:
It is the most accessible visualizing tool used for business. Tibco Spotfire creates a bridge for the transition from desktop to cloud storage so that you can easily manage huge data through the cloud. In short, apart from doing the main functions, this software also helps a user to store the data in an effortless way. Now the Spotfire software taken by Tibco in 2007 plays the main functions of a visualization tool. It visualizes, analyzes and also creates dashboards for better decision making. It can also add up data from various sources and share them privately or via the net.
Tableau is a hugely acclaimed software of visualization tool used in the business widely. It is considered as one of the top visualizing tools as it serves the purposes like providing best visualizing performances and platforms, easy drag and drop interface which bring the lion’s share of the attention of the marketers and businessmen to it. It provides many fixing, creating, analyzing options and can give finishing touch efficiently.
It also proves its beneficiary by providing easy handling characteristics even for those users who are not from the technical background because no coding is required to run it. The basic version is free for students and for accredited academic institutions but to get the advanced features you have to it. It is also one of the top rank holders in Gartner’s report.
Last but not the least; Sisense is another visualizing tool that enables you to have a clean visual of a document. It lets you create data list according to the latest trends and facts happening in the market. The knowledge about trends is also provided by it because it can gather information from the internet and update us.
It can create multiple dashboard setups for huge analytics and various datasets. It is easy to handle as its basics do not need any IT knowledge. Simple customization and creation of dashboards along with their sharing, makes it favourite of all. Like other tools, this is also free to have the basic or beginners version. Otherwise, you can opt for a full one.
Other visualizing tools in the market are also good enough to fulfil your purpose. Here, only a few of them are mentioned so that you can get an explicit concept of such tools and can apply that idea in your working sectors.
Now different tools have different features; common ones are also present though. You have to be very clear what purpose you want to get served. Then find the right one. Try the trial version, and then purchase it if it fulfils all your requirements.
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