Being in business means that you have to deal with statistics, reports, spread sheets, … a lot of numbers. Unless you are a statistician, almost everyone will prefer a graphic depiction of the numbers. Actually statisticians prefer graphs, because they have the power to reveal and express correlations in very intuitive ways.
Throw some parameters
on the x-axis,
another on the y-axis.
show changes over time.
add a third dimension
change the level of granularity and aggregation
use circles, bars, lines, colors, and different shapes
map data to geographical regions
use colors, shapes, line styles, etc.
And voilá. You may gain access to understanding very complex developments and dependencies within a glimpse of an eye.
Check out this 22 minutes long video of a presentation at some conference.
About this Talk: You've never seen data presented like this. With the drama and urgency of a sportscaster, Hans Rosling debunks myths about the so-called “developing world” using extraordinary animation software developed by his Gapminder Foundation. The Trendalyzer software (recently acquired by Google) turns complex global trends into lively animations, making decades of data pop. Asian countries, as colorful bubbles, float across the grid -- toward better national health and wealth. Animated bell curves representing national income distribution squish and flatten. In Rosling's hands, global trends -- life expectancy, child mortality, poverty rates -- become clear, intuitive and even playful.
You will learn a lot about
state of the World economy
quality of human life
on different continents,
in different countries
most importantly changes over time.
The sheer power of animated graphic data representation
Did any TV reports give you such high a density of overview about where the human race is standing? I guess not. They are accustomed to report about the worst and best cases only. Media in general gives a very poor representation of overall situations.
Policy makers, business owners, and managers need to make decisions based on the overall situation. As this professor points out it is important to have free access to data and have software tools that allow for querying, correlating, and representing data in intuitive ways. That's not only true for global data, that hold true for your business data as well.
Imagine Google pickep up on that idea and gives us Google Global Stats on top of Google Earth.
Now, think about, what extensive data analysis can do for our business.
Sick of Dull Internet Marketing Videos
How many times have you watched an Internet marketing video online that promised “great, special info”, but did not deliver? That's really a big turn off.
“A bad video steals you up to 20 times more time than a bad PDF document”
Weblog: E-Biz Booster Blog Tracked: Dec 30, 13:51
Thanks John, that was really worth seeing. And for anyone interested in Africa and it's future, make sure you check out the TED videos on Africa: The Next Chapter - http://www.ted.com/index.php/themes/view/id/45
I spent all of my childhood and most of my teenage years in Africa, in Zimbabwe and South Africa, and I have a great love for the continent and it's people. It's very sad what aid and corrupt leaders have done to this great continent.
On the positive side, things are getting better and I anticipate that 20-40 years from now Africa will be considered a developed continent. Certainly friends of mine in South Africa, Kenya and Egypt firmly believe this.