An analytics dashboard is a highly visual display of data, much like vehicle dashboards, data dashboards display real-time key metrics and performance indicators, to guide business decisions and action. Dashboards are used for monitoring and gaining an at-a-glance understanding of vast amounts of data by leveraging the human brain’s cognitive preference for visual information.
Real-Time Analysis
Traditionally dashboards were static layouts of tiled widgets that hold individual data representations in basic structures like graphs or charts. Today, as technology progressed, analytics dashboards include interactive functionality that allows real-time data monitoring and analysis.
Organizations are quickly adapting dashboards as a way to quickly understand and clearly identify opportunities to improve their bottom line. In everchanging business environment, the ability to quickly see how you’re performing compared to goals and objectives, monitor your competitors, or industry standards is invaluable to any company. This ability to quickly and clearly identify opportunities and issues are invaluable to any company seeking to drive action and make data driven decision.
Developing a analytics dashboard have many benefits for business owner and organizations. By asking right question and leveraging power of vast data, gathering, transforming, organizing data it will enable executives and leadership teams to quickly focus on the areas needing attention while learning from area that are exceeding expectations.
Type of Dashboards
Not all dashboard are created equal, when done right dashboard serve the specific purpose, audience or process. Generally we group dashboard into three groups; Strategic, Operational and Analytical.
Strategic
Dashboards visualize forward looking high-level metrics, long-term planning and are mainly used by senior management. It is really bird’s-eye view of key business metrics on performance versus goals.
Operational
Dashboards are focused on real-time data metrics and KPIs, and can be used for day-to-day decision-making. This type of dashboard typically monitor transactional data and alert managers on critical issues that must be addressed.
Analytical
Dashboards are typically used by analysts and specialist to explore large data sets to identify underlying trends, predict outcomes and help company drive correct, well-informed decisions.
We offer expert help in designing and building Tableau dashboards
Each company requires good decision making. In order to make good decision, we require research and analysis, none of which can be done without data. But just having data won’t help. You need to organize and present it in a way that clearly answers the questions that will drive you to correct, well-informed decisions.
make well-informed decision
If you require wing-to-wing data exploration, discover, transform, dashboard development and services then I can help you. Start developing insight by answer key question to make well-informed decision with our dashboard services. We have worked with small and large company, sources of data does not matter (spreadsheets, CSV, database, Datawarehouse, data lakes etc.)