Last year was an awesome one for the data visualization industry. With more and more businesses realizing the value of data visualization for deriving critical business insights, the year ahead looks very promising, too. IIA (International Institute for Analytics), an independent research firm focusing on the use of analytics, recently issued its nine analytics predictions for 2014.
Among other things, it predicted that the use of data visualization will increase both for low and high complexity analytics. However, Thomas H. Davenport, Co-Founder and Research Director at IIA, had a caveat for those trying to use visualization in instances involving highly complex, multivariate statistics: “That gets tricky because humans don’t comprehend things in more than two dimensions or, at most, three dimensions.”
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