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Understanding the Role of Data Visualization in Modern Business Applications

Understanding the Role of Data Visualization in Modern Business Applications
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Author(s): Asfia Sabahath (King Khalid University, Saudi Arabia), Arshiya Begum (King Khalid University, Saudi Arabia)and Maryum Aisha (King Khalid University, Saudi Arabia)
Copyright: 2025
Pages: 16
Source title: Data Visualization Tools for Business Applications
Source Author(s)/Editor(s): M. Anandhavalli Muniasamy (King Khalid University, Saudi Arabia), Arshi Naim (European Global Institute of Innovation and Technology Malta.)and Anuj Kumar (Rushford Business School, Switzerland)
DOI: 10.4018/979-8-3693-6537-3.ch002

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Abstract

In today's data-driven business landscape, the role of data visualization has become increasingly ‎significant. With the exponential growth of data, organizations face the challenge of extracting ‎meaningful insights and making informed decisions. This chapter explores the power of data ‎visualization in modern business applications and its impact on understanding, decision-‎making, and communication.‎ The chapter begins by highlighting the rise of data visualization as a powerful tool for ‎presenting complex information. However, with ‎the emergence of advanced technologies and visualization techniques, businesses can now ‎transform raw data into visually appealing and interactive representations.‎ The chapter also emphasizes the role of data visualization in facilitating decision-making ‎processes. Real-time, interactive visualizations provide decision-makers with a holistic view of ‎data, allowing them to explore different scenarios and evaluate potential outcomes. By ‎presenting data in a meaningful way, visualization tools enable quicker and more accurate ‎decision-making.‎

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