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(2)Data visualization use cases
01Healthcare
In the healthcare domain, data visualization can be used to transform complex medical stats like patient data, treatment outcomes, patterns for prescribing medications, etc. into an easy-to-digest graphic format. It helps make valuable decisions even without data analysis skills.
02Trading
The trading industry deals with large amounts of data, and data visualization helps traders make fast, informed financial decisions. With real-time visualization tools, traders can monitor stock prices, analyze financial trends, and quickly detect anomalies that affect their operations.
03Cybersecurity
In the cybersecurity field, data visualization services can help monitor network traffic, detect vulnerabilities and spot anomalies that indicate a breach. With advanced visualization and analysis tools, cybersecurity professionals can quickly identify threats and improve incident response time while reducing security risks.
04Retail
Retail companies can use data visualization to analyze customer behavior, trends, and preferences, which can help retailers improve their services or store layouts. Visual analytics is a must for retailers to maintain and strengthen their position in the global market.
05Manufacturing
Using data visualization tools, the teams that monitor a company’s manufacturing processes can quickly identify problem areas and take immediate corrective action by mobilizing the right people and making data-driven decisions. In addition, access to data visualization tools enables shortening the improvement cycle.
06Logistics
In the logistics industry, data visualization can be used to track transportation routes and monitor and optimize delivery schedules. Real-time dashboards can provide insights into inventory levels and product demand, which can help logistics companies reduce delivery costs and improve service quality.
