5 Tools for Data Visualization and Analysis

Got data? Don’t just jot it down and leave it to your mental capacity – you’ll burn short. I did. Here are some useful tools that can turn raw, boring date into engaging and informative graphics.

You might think that you don’t have much in common with a detective or an investigative journalist. But if you’re trying to create a more readable information from an ever-increasing inflow of data, you need visualization to make sense of every bit of information – whether it’s showing trends or patterns with graphics versus mountains of text content, or trying to explain complex materials to a nontechnical viewer.

  1. DataWrangler

What it does: This nifty software developed from Standford University’s Visualization Group is created for rearranging and cleaning, so it’s a model that other tools like a spreadsheet can utilize. Simply click on a column or row, and this tool will automatically suggest changes. It runs on any browser and can be used by intermediate users.

  1. Reveal

Reveal is a data insolvency software that aids any practitioner who wants to work efficiently and effectively. If you’re an insolvency specialist, reveal can help you significantly reduce your hours spent on interpreting ASIC Company and Business Name searches, PPSR and Bankruptcy search data with accurate aggregated data. It even allows you to keep abreast of those distressed entities, so that you’re ahead of the game and can provide first class guidance to your clients.

Commercial lawyers can use it to check on acquisitions for clients with the ability to easily perform follow on searches instead of reviewing manual results. Using REVEAL visualization enables bankers to make decisions more clearly around business lending, insolvency or mergers and acquisitions deals.

  1. Open Refine

What it does: This is google spreadsheet on steroids. Like excel, it can seamlessly import and export information in a number of formats, which includes a tab- and comma-separate text files as well as Excel, XML and even JSON files. This powerful tool for date manipulation and assessment strikes a perfect balance between ease of use and functionality. Go check it out.

  1. Tableau Public

This tool turns data into any kind of visualizations, from basic to complex. You can drag and drop forms into the work area and make the software suggest a visualization type, then personalize it from tools tops, to labels, and interactive filters and legend display.

  1. Exhibit

What it does: As a spin-off of the MIT Simile Project that’s specifically designed to assist users to quickly create web pages with advanced filtering functionality and advanced text search, it also contains timelines, interactive maps and other visualizations. If you’re comfortable with coding, this tool offers multiple views of charts, maps, calendars, time plots and more. You need an expert level of competency to make this tool work, though.

There are many tools in the internet laying around just to be used, but if you’re serious with getting the best software out there that performs the way you want it to – quick, comprehensive and effective, then you should begin with a good data insolvency software

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