Product News: Announcing 7 New Data Visualizations
New maps and charts
Today we are happy to announce 7 new data visualizations in Business Analyze.
New data visualizations are important because they make it easier for businesses to interpret and act on data with greater speed and efficiency.
In addition to various types of gauges, pie charts, bar and line charts, Business Analyze now supports:
- country and regional maps
- tree maps
- heat maps
- split bubble chart
- packed bubble chart
- waterfall diagrams
- XYZ charts
Each chart type has special capabilities to help users see patterns, spot outliers, and draw conclusions from data faster.
Example of XYZ chart showing 3 dimensions.
Create more insightful reports
The new visualizations help companies analyze data for a wider range of business cases and data sets.
The waterfall graph, for example, is particularly useful for companies with recurring revenues. It makes it easier to analyze and predict changes in revenues by graphically presenting inflows and outflows over time. Heat maps on the other hand, make it much easier to show concentration levels at a specific point in time.
– As businesses struggle to keep up with growing amounts of data, the role of business analytics tools is to provide users with faster ways to visualize and consume that data, says Frode Svensson, CTO at Business Analyze.
– This latest product release will help businesses find meaning in data that is difficult to find in any other way.
Example of waterfall visualization with positive and negative values and cumulative sum.
Example of the heat map which uses color-shading to help users quickly pick out high and low levels of activity or events.
Requirements
The data visualizations are available in Business Analyze (cloud version).
Cloud customers received the update as part of the latest software release.
Note: Customers will likely need to structure data in order to make the visualizations meaningful. If you are used to working with data, you can do this with a Developer license. Our data consultants will also help you. See ‘Services’ or contact Customer Success.
For more release news, please see release notes in our community.
Best technology in the world?
Business Analyze charting components are based on HighCharts. Highcharts are leaders in charting technology and provide service to world leading companies.
