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A January 2022 study of more than 1,000 companies by MIT’s Center for Information Systems Research showed that those in the top quartile of data visualization expertise beat out companies in the bottom quartile on both internal and external measures. “For orgs that embrace it,” Berinato adds, “data visualization absolutely changes how work gets done and what you learn.” The payoffs of dashboarding, from revenue to employee engagementĬompanies with the most experience in data visualization outperform relative beginners on a number of important metrics.

This is the key to fostering an organizational culture that thrives on data - and new data suggests it is a game changer for performance too.

The best tools can also break the data silos that may exist, such that it is possible to visualize trends and activities across an entire global organization. Today’s tools ingest massive amounts of enterprise data and present it in easily digestible forms. This is a long way from the charts, graphs, and PowerPoint decks of an earlier era. Otherwise, it’s just an overwhelming amount of statistics in which you literally can’t see patterns.”Įffective “dashboarding,” as some call it, encourages conversation and dialogue, influences strategy and decision-making, and even creates behavior change. “But to make use of data you have to visualize it. “Most companies are data companies now and want to be thought of that way,” says Scott Berinato, a senior editor at Harvard Business Review and author of Good Charts: The HBR Guide to Making Smarter, More Persuasive Data Visualizations. In other words, data visualization can define whether your organization is actually data-driven. But the way that executives choose to set that table - and where that data comes from - differentiates leaders from laggards.ĭata-visualization tools, especially when they’re built-in to the systems that IT teams are already using and can pull from all their various clouds and sources, make data more accessible and actionable to practitioners, shareable to business teams, and insightful for organizational leadership. Leading a data-driven organization is table stakes when it comes to competing in the cloud era.

The rise of gaming revenue visualized download free