Impact of Data Visualizations on Improved Business Decision-Making

Companies belonging to highly regulated industries generate volumes of critical data every day. Deriving insightful information from such massive data for decision-making becomes difficult. Company stakeholders, managers, or other senior personnel need interpretable, easily usable, and consistent data to track and monitor performances across key business areas. Data visualizations in the form of digital dashboards make things easier.

Digital dashboards present a de-cluttered view of key performance indicators (KPIs) that provide meaningful insights to promote better decision-making. Key Performance Indicators are specific measurable values that are used to track the performance of a product, company, or initiative.

Data analytics tools such as the CaliberDashboards software enables users to view complex metrics in an easily-readable and visually-appealing format. CaliberDashboards integrates all the required KPIs in corresponding reports that communicate vital information to the stakeholders for a more holistic view of the company’s position. Data-driven decisions can be taken based on charts, graphs, and cards.

How Do Dashboards Foster Quick Business Decisions

  • Instant access to data – Dashboards provide quick access to multiple data sources from any device type.
  • Highly efficient reporting – With the automated creation of standardized reports and automatic, timely data refresh, the reports generated are accurate.
  • Consistent formats – Dashboards have pre-defined properties (such as color schemes, number formats, fonts, etc.) for KPIs which makes them consistent throughout.
  • Security and governance – Users can apply custom authorization at multiple levels which govern controlled access to sensitive information.

Dashboards are data visualizations that help you track, analyse and display key performance indicators (KPI). They identify key data points to monitor the status of the department or specific processes. CaliberDashboards displays data in the form of tables, line charts, and bar charts in real time. It eliminates hours of analysis and a long line of communication to get to the data.

Seamless Interfacing with Data Sources

With CaliberDashboards, you can collate data from various data sources. It seamlessly interfaces with applications tracking the Quality Control, Quality Assurance, and Manufacturing processes. This dashboard acts as a central location to monitor and analyse updates. It is the most efficient way to track multiple data sources. CaliberDashboards also gives holistic insights on quality objectives by making information readily available as per need. It supports important decisions and enables users to create a customized, detailed, fact-based view of actionable items and performance.

Simple and Customizable Digital Dashboards

Digital dashboards are data visualizations that can be customized and displayed at multiple locations or departments on multiple devices and screens using CaliberDashboards.

Dashboards can be adapted to any device based on the need. A few examples are –

  • KPIs pertaining to QC like instrument calibration due date list, blocked instruments for usage list, etc. can be displayed to the entire team in a common area. CaliberDashboards can be configured to display these KPIs on a display monitor.
  • KPIs at the executive level have more insights on monthly or quarterly lab performance or on the Service Level Agreement (SLA) times of the samples, analyst performance, and load for the manager. These dashboards can be configured on respective workstations, tablets, or mobile phones as needed.

Real-Time Data Updates and Display

Real-time data updates and data visualizations enable QA, and QC heads to access data immediately.  CaliberDashboards updates data in real time and displays it to different users as desired.

Having CaliberDashboards means constant access to the most recent data. These dashboards can be accessed from almost any data source, seamlessly extracting and combining data from multiple sources. This brings in the required high-level information and puts everything in the form of actionable insights for better decision-making.

With real-time, readily-accessible dashboards, senior personnel can set, reflect and refine actionable goals regularly as they place key metrics strategically to measure performance growth. CaliberDashboards can help you optimize internal business processes to promote agility and efficiency. It tracks key metrics to facilitate data-driven decisions to continuously adapt business strategies to stimulate improved metrics, and eventually, sustainable growth.

Schedule a demo to understand how exactly CaliberDashboards can help you take important business decisions quickly.

Have queries?

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