Data presentation can be beautiful, elegant and descriptive. There is a variety of conventional ways to visualize data - tables, histograms, pie charts and bar graphs are being used every day, in every project and on every possible occasion. However, to convey a message to your readers effectively, sometimes you need more than just a simple pie chart of your results. In fact, there are much better, profound, creative and absolutely fascinating ways to visualize data. Many of them might become ubiquitous in the next few years.So what can we expect? Which innovative ideas are already being used? And what are the most creative approaches to present data in ways we’ve never thought before?Let’s take a look at the most interesting modern approaches to data visualization as well as related articles, resources and tools.
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Information visualization the interdisciplinary study of the visual representation of large-scale collections of non-numerical information, such as files and lines of code in software systems,[1] and the use of graphical techniques to help people understand and analyze data.[2] In contrast with scientific visualization, information visualization focuses on abstract data sets, such as unstructured text or points in high-dimensional space, that do not have an inherent 2D or 3D geometrical structure.[3][4]
Bonuses break the bankBy Micheal MarrIn October last year, nine banks received a grand total of $125 billion in taxpayer money as part of the much publicised Troubled Asset Relief Program (TARP). The aim of the payout being to aid in the banks' survival as they tried to ride out the pressures of the economic crisis.What followed was months of mergers, acquisitions and heated debates, with many arguing that the banks themselves were to blame for the mess they had gotten themselves into and shouldn't be saved.Banks also came under harsh criticism for the amount of bonuses they were paying to executives, with many exectuvies across the globe choosing to forgo their bonuses package for 2008 in an effort to save face and restore consumer confidence.Nonetheless, recent reports, based on months of investigation into the compensation paid by Wall Street has revealed some shocking statistics. According to the office of New York Attorney General Andrew Cuomo, who wrote the report, some bonuses paid to executives at the nine banks were greater than the banks' net income.The numbers are mind boggling: Goldman Sachs, for instance earned $US2.3 billion, paid out $US4.8 billion in bonuses and received $US10 billion in TARP funding, while JP Morgan Chase earned $US5.6 billion, paid $8.69 billion in bonuses and received $25 billion in TARP funding.But perhaps most incredulous is what happened over at Wells Fargo, who, along with its fully-owned subsidiary, Wachovia, not only lost money ($42.93 billion, according to the report) but also managed to pay $US977.5 millon in bonuses.The issue is this: when the banks do well, their employees are paid well, which is fair enough; but when the banks do poorly, their employees are still paid well. Then, as if to add insult to injury, when the banks do very badly (or in some cases, fail), they are bailed out by taxpayers and their employees are still paid well. Its ludicrous, and, quite simply, singularly defines exactly why consumers have lost faith in the banking system.
It’s been a rocky road for the Big 3 automakers as they’ve struggled for survival and relevance in a down economy. In the biggest auto industry shakeup in 30 years, existing companies have been re-organized, torn apart, or sold off, resulting a complete reshaping of the auto industry landscape. Whether through government handouts or good old American ingenuity and entrepreneurship, GM, Ford, and Chrysler are revitalized and ready to deliver the exciting and environmentally friendly automobiles that consumers crave. But unlike the 70s, when American automotive manufacturers faced a threat from the Far East, today that threat comes not only from that part of the world but from newer more nimble competitors such as Tesla, right here in their own backyard. Our infographic breaks it down.
10 Revealing Infographics about the WebSeptember 20th, 2009 by Jacob Gube | 36 Comments | Stumble It! DeliciousThe use of graphics as a tool for educating viewers is a great approach to sharing information. It’s an effective way of composing otherwise boring information and data into an easy-to-consume and fascinating way.In this article, you’ll discover a variety of infographics and visualizations associated with the internet. You might just learn a thing or two about the web by looking at these awesome artworks!Click on the image to go to the larger version of each graphic.1. Web Trend Map is a graphical representation of the top domains and personalities on the web. It maps websites and notable persons onto the Tokyo subway system as train stations with their popularity and success represented by their position and size.