Medusa

How Big Data Dashboards Can Help

<p style&equals;"text-align&colon; justify&semi;">First&comma; let&&num;8217&semi;s get this out of the way&colon; Big Data is wonderful&period; All of that information&comma; pulled from so many sources&comma; and delivered to you at amazing speeds&period; It&&num;8217&semi;s amazing&comma; it&&num;8217&semi;s fantastic&comma; it&&num;8217&semi;s &&num;8230&semi;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">&&num;8230&semi; one Hell of a lot of information to process&period; That&&num;8217&semi;s why it&&num;8217&semi;s important to have something like a Big Data dashboard handy&period; What is a Big Data dashboard&comma; you say&quest; Read on and find out&excl;<&sol;p>&NewLine;<h3 style&equals;"text-align&colon; justify&semi;"><b>It&&num;8217&semi;s All About Visualization<&sol;b><&sol;h3>&NewLine;<p style&equals;"text-align&colon; justify&semi;">Imagine all of your Big Data-driven company metrics displayed on one screen&comma; in real time&comma; right at your fingertips&period; New information&comma; old information&comma; it&&num;8217&semi;s all accessible when you need it&period; That&&num;8217&semi;s a Big Data dashboard&comma; new and improved&period; As the article &&num;8220&semi;Expert Interview with Donald MacCormick from Antivia&period;com on Big Data Dashboards&&num;8221&semi; puts it&comma; &&num;8220&semi;&&num;8230&semi;the concept of a dashboard has definitely evolved in the last few years&period;&&num;8221&semi;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">You can use it in conjunction with your CRM software&comma; website analytics&comma; spreadsheets&comma; and other company applications and get a totally accurate picture of what&&num;8217&semi;s going on with your business&period; It&&num;8217&semi;s data visualization at its finest&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;"><i>A good dashboard can take the flood of Big Data and turn it into something smaller and userful<&sol;i><&sol;p>&NewLine;<h3 style&equals;"text-align&colon; justify&semi;"><b>How Can it Help&quest;<&sol;b><&sol;h3>&NewLine;<p style&equals;"text-align&colon; justify&semi;">The most successful solutions are the ones made with as much current information as possible&period; An informed decision is better than guesswork&period; By having a dashboard in place&comma; marketers can ascertain which promotions are attracting the most clicks&comma; based on figures gained through Big Data&comma; and know which strategies to keep and which to let go&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">This is also where the immediacy of Big Data shines through as well&period; Conversion rates amongst couples with children will do you little good if that information is taken from 2014&period; A lot has happened over the past year&semi; you need to know how those people are behaving NOW&comma; not a year or so ago&period;<&sol;p>&NewLine;<h3 style&equals;"text-align&colon; justify&semi;"><b>The Dashboard Helps Digestion<&sol;b><&sol;h3>&NewLine;<p style&equals;"text-align&colon; justify&semi;">Well&comma; digesting Big Data&comma; anyway&period; In the past&comma; Big Data has been rightly compared with drinking from the fire hose&period; The Big Data dashboard makes that data more accessible to more people in your company&period; In fact&comma; there are even different dashboards for different departments&comma; such as Sales&comma; Operations&comma; Marketing&comma; and Support&period; After all&comma; not all of the information is equally useful to all of the departments&period; Why waste time wading through irrelevant data&quest;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">As an added bonus&comma; a dashboard can be a cheaper alternative to having a third party company process your Big Data information for you&period; Granted&comma; those companies will do a more thorough job&comma; but if you&&num;8217&semi;re just looking for a means to quickly organize and access information in real-time&comma; without too many bells and whistles&comma; then you need a dashboard&period;<&sol;p>&NewLine;<h3 style&equals;"text-align&colon; justify&semi;"><b>Never Run Out Of Anything Again<&sol;b><&sol;h3>&NewLine;<p style&equals;"text-align&colon; justify&semi;">That&&num;8217&semi;s a pretty bold claim&comma; sure&comma; but by using Big Data in conjunction with a dashboard&comma; that&&num;8217&semi;s not too far off&period; Dashboards facilitate product tracking&comma; so the right department can oversee inventory levels&comma; shipping methods&comma; tracking information&comma; and more&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">The real-time power of Big Data will let you know what the inventory levels are like&comma; information that can be further put to good use in determining what products are the best sellers and which are languishing on the shelf&period; These inventory figures can then be combined with statistics on the various promotions &lpar;as mentioned earlier&rpar;&comma; enabling marketers to see&comma; with absolute proof&comma; which campaigns are inducing people to buy which of your products&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">For more insights into Big Data&comma; check out &&num;8220&semi;How The Best Brands Are Using Big Data&&num;8221&semi;&period;<&sol;p>&NewLine;

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