Lead Research Scientist, Financial Risk Quantitative Research, SS&C Algorithmics Adjunct Professor, University of Toronto
MIE1624H – Introduction to Data Science and Analytics Lecture 6 – Visual Analytics
University of Toronto February 22, 2022
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Visual analytics
Visual statistics of the : the
Visual analytics
Visual analytics
Visual analytics – portfolio
Historical visualization
Activity Histogram
Track Summary
Distribution of events over time
Show tracks of all objects returned from search
How long objects spent in different places
Visualization types
Visualization formatting
Visual Grids
Layout grid
Layout grid
Dashboards
Dashboards – sales analytics
Dashboards – web-page analytics
Dashboards – marketing analytics
Spreadsheets vs. Visual Analytics
Unique Capabilities
Don’t just discover… Do something with it.
Read and Write
Change or add new data, simple import, no scripting
You are empowered to create, not just consume
What-if Scenario Model
Model new scenarios, test assumptions, optimize
Modify plans, budgets, forecasts accordingly
Predictive analytics, managed reporting, performance management
How will it help you?
• Abusinessanalysthastomanagedatafrom multiple sources.
• Datawarehouses,spreadsheets,ERPsystems
• Theanalystcancommunicatehighlevelfindingsbut wishes to make the details more accessible and useful to business users
Using Cognos Insight
• TheAnalystcanimportfilesfromlocalsourcesor corporate servers into Cognos Insight and create dashboards or plans that reflect the needs of individual or workgroup scenarios
• Allowsbusinessusersfurtheranalyzethefindingsfor themselves, using calculations, what-if, traffic lights
• Fastvisualizationselectionforbetterunderstanding
• Focusontheirparticularareasofresponsibility
• Sharefindingamongstcolleagues
• NoITassistance
Microsoft Excel
Cognos Insight
SPSS Statistics
HR Analytics
Visual resume
Visual resume
Event-line with different sections, like Education, Experience, Projects, Achievements etc. (shown with different colors) and blocks representing an event for the corresponding section
Visual resume
Infographics
Infographics
Infographics
Other Visulizations
Do you know what are your alumni doing?
Hype cycle for emerging technologies (2021)
31 https://www.gartner.com/en/newsroom/press-releases/2021-08-23-gartner-identifies-key-emerging-technologies-spurring-innovation-through-trust-growth-and-change
Hype cycle for AI technologies (2021)
32 https://www.gartner.com/en/articles/the-4-trends-that-prevail-on-the-gartner-hype-cycle-for-ai-2021
Hype cycle for AI technologies (2020)
33 https://blogs.gartner.com/svetlana-sicular/the-hype-cycle-for-artificial-intelligence-2020-reflects-the-state-of-ai-in-the-enterprise/
Visual analytics
34 http://www.nytimes.com/imagepages/2010/05/02/business/02metrics.html
Visual analytics
Visual analytics
Visual analytics – histomap (1931)
Visual analytics – histomap (1931)
Visual analytics – histomap (1931)
IBM Watson Analytics
IBM Watson Analytics
Quick start intuitive interface
Data discovery
Mobile- ready
Natural language dialogue
Cloud-based agility
IBM Watson Analytics
Data access and refinement
Integrated social business
Intelligent automation
Guided analytic discovery
Report and dashboard creation
Visual storytelling
Unified analytics experience
IBM Watson Analytics
IBM Watson Analytics
Tableau (covered in Tutorial)
Power BI (covered in Tutorial)
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