LONDON--(BUSINESS WIRE)--As big data and data analysis increasingly become a vital component of doing business, it’s essential for organizations to understand how best to utilize analytical dashboards and the benefits that they, when properly designed, can bring to their business. Analytical dashboards can help organizations and individuals collect, analyze, and understand trends and events in their data, and provide valuable insights to help achieve both short-term and long-term goals.
The design of an analytical dashboard determines its usefulness, user-friendliness, and overall popularity and efficiency. Global analytics and advisory firm Quantzig has announced the key components that an analytical dashboard must have to properly benefit organizations and help them reach sustainable business success.
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Top features of analytical dashboards
- Simple design: Dashboards with simple, easy-to-interpret designs are most popular. Users benefit from visually-appealing fonts, layouts, and colours that do not involve clutter as they allow users to more easily identify and understand data, insights, and other findings presented to them.
- User focus: Dashboards that are designed with the user in mind are easier to use, provide more valuable and actionable insights, and allow users to identify goals and monitor their organization’s progress towards them. The best analytical dashboards are designed with the user’s methods, business practices, and desired benefits in mind, and let them easily find answers to data- and performance-based questions. They should also have additional functionalities that allow users to communicate data and insights on other platforms or through other forms of media, including exporting, emailing, and posting.
- Clear communication: Dashboards shouldn’t just present raw data; their job is to generate insights that have value and enable users to form strategies and make decisions. Effective analytical dashboards should piece together at least two data points in order to present users with valuable, actionable insights.
View Quantzig’s entire list of top analytical dashboard features
For information on Quantzig’s services and solutions, or information on recent successful projects helping Fortune 500 clients, please contact us.
Quantzig is a global analytics and advisory firm with offices in the US, UK, Canada, China, and India. For more than 12 years, we have assisted our clients across the globe with end-to-end data modeling capabilities to leverage analytics for prudent decision making. Today, our firm consists of about 120+ clients, including 45 Fortune 500 companies.