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Data Visualization: Creating Mind's Eye

Data Visualization: Creating Mind's Eye
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Author(s): Ravishankar Palaniappan (Independent Consultant, India)
Copyright: 2017
Pages: 30
Source title: Decision Management: Concepts, Methodologies, Tools, and Applications
Source Author(s)/Editor(s): Information Resources Management Association (USA)
DOI: 10.4018/978-1-5225-1837-2.ch027

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Abstract

Data visualization has the potential to aid humanity not only in exploring and analyzing large volume datasets but also in identifying and predicting trends and anomalies/outliers in a “simple and consumable” approach. These are vital to good and timely decisions for business advantage. Data Visualization is an active research field, focusing on the different techniques and tools for qualitative exploration in conjunction with quantitative analysis of data. However, an increase in volume, multivariate, frequency, and interrelationships of data will make the data visualization process notoriously difficult. This necessitates “innovative and iterative” display techniques. Either overlooking any dimensions/relationships of data structure or choosing an unfitting visualization method will quickly lead to a humanitarian uninterpretable “junk chart,” which leads to incorrect inferences or conclusions. The purpose of this chapter is to introduce the different phases of data visualization and various techniques which help to connect and empower data to mine insights. It exemplifies on how “data visualization” helps to unravel the important, meaningful, and useful insights including trends and outliers from real world datasets, which might otherwise be unnoticed. The use case in this chapter uses both simulated and real-world datasets to illustrate the effectiveness of data visualization.

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