1. What is Reporting?
2. What is Business Intelligence?
3. What is data visualization?
4. What are the common charts of visualisation?
What is Reporting?
Process of organizing data into informational summaries is called reporting. Reporting shows you what has happened. Analysis focuses on explaining why it happened and what we can do about it.
What is Business Intelligence?
It refers to technology, applications and practices for the collection, integration, analysis and presentation of business information. BI systems provide historical, current and predictive views of business operations. A few ways that BI can help companies make smarter data driven decisions.
- Identify ways to increase profit
- Analyse customer behaviour
- Compare data with competitors
- Track performance
- Optimize operations
- Predict success
- Spot market trends
What is Data visualisation?
It is a graphical representation of information and data using visual elements like charts, graphs and maps. It helps you to focus on the meaning of the data rather than looking at the data itself. Data visualization tools provide an accessible way to spot and understand trends, outliers and patterns in data.
What are the common charts of visualisation?
There are multiple chart types for visualization
- Bar charts and column charts
- Line charts
- Key influencers
- Tree map
- Scatter plot
- Filled Map
- Bullet graphs and so on..