Are You Interested In Business Analytics?

By Author: poddarbschool
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Students by now you must have chosen your career option and if have opted a management course then you have made a wise decision. Further, if you have selected Business Analytics as a specialization then here in this article we are going to cover some exclusive features of data visualization which is a very important element of PGDM.
Data Visualization for Management Aspirants?
If you are selecting a top class Business Institute like Poddar Business School then you are on the best career path. The main goal of data visualization is to make it easier to identify patterns, trends and outliers in large data sets. The term is often used interchangeably with others, including information graphics, information visualization and statistical graphics.
Why is data visualization important?
Data visualization provides a quick and effective way to communicate information in a universal manner using visual information. The practice can also help businesses identify which factors affect customer behavior; pinpoint areas that need to be improved or need more attention; make data more memorable for stakeholders; understand ...
... when and where to place specific products; and predict sales volumes.
Do you know that Poddar Business School has Business Analytics as one of its new age electives and data analytics is an integral part of this PGDM course .
Data visualization and big data
The increased popularity of big data and data analysis projects have made visualization more important than ever. Visualization offers a means to speed this up and present information to business owners and stakeholders in ways they can understand. Big data visualization often goes beyond the typical techniques used in normal visualization, such as pie charts, histograms and corporate graphs.
It instead uses more complex representations, such as heat maps and fever charts. Big data visualization requires powerful computer systems to collect raw data, process it and turn it into graphical representations that humans can use to quickly draw insights.
Examples of data visualization
Some intricate techniques are now available include the following:
• Infographics
• Bubble clouds
• Bullet graphs
• Heat maps
• Fever charts
• Time series charts
Some other popular techniques comprise are Line Charts, Area Charts, Scatter Plots, Treemaps and Population Pyramids. Poddar Business School offers top level of mentoring in Data Visualization covered under Business Analytics. Some of the common use cases for Data Visualization include the following:
• Sales and marketing
• Politics
• Healthcare
• Scientists
• Finance
• Logistics
The science of data visualization comes from an understanding of how humans gather and process information.
We truly hope that you find this article relevant and useful and we wish you good luck for your future.

Disclaimer
The author assumes no responsibility or liability for any errors or omissions in the content of this article. The information contained in this article is provided on an ‘as is’ basis with no guarantees of accuracy or relevance. Any similarity with any other published article may just be a coincidence.