Thursday, June 18, 2009

FYI/Data Visualization

http://www.dailymotion.com/video/x6rh2r_data-visualizationbusiness-intellig_tech



This is a brief video concerning FYI corporation's data visualization software. The video starts by mentioning the fact that companies are drowning in their data. Also, because the data is not being presented in a helpful format in a timely manner, the data is not available in time to make important decisions and management is still going with "gut" instincts most of the time. FYI's mission is to create software that tracks real time data against managerial expectations in an easy to read format. FYI is taking data visualization to the next level. When using this software the user sets the expectations. The data is more relevent when it is compared to expected results. FYI's data visualization delivers a new look at business KPIs and creates a visual that is easy to read for all users. It can create a display with tens of thousands of metrics on one screen and can instantly reveal trend patterns. Using this software, a CEO can easily see the performance of an entire organization in real time and everyone else can see how they have contributed to that performance. Data visualization provides users with exactly the data they want at their fingertips. Some common industries that are using data visualization include retail, finance, energy, and healthcare. I felt this was a useful video because it further discussed the benefits of data visualization and, more specifically, how FYI's data visualization can be very helpful for many businesses.

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