Big data is radically changing the future of online business. The benefits that it offers are abundantly clear.
This Medium post highlights some of the reasons that big data is transforming the nature of e-commerce and other fields of online business. One of the biggest benefits is through personalized recommendations. Amazon receives around 35% of its business through recommendations it provides to customers. They also use trend forecasting and customer behavioral analysis to adapt their business models to boost business.
However, none of these features would be viable without web dashboards. We talked about the benefits of business dashboards before, but web dashboards have their own benefits. These interfaces enable organizations to seamless analysis their content and provide GUI interaction capabilities. Big data and web dashboards go hand in hand.
Big Data is Critical to Developing Web Dashboards
In 2020, there are hardly any apps that do not come with a dashboard. Dashboards are pretty useful when it comes to managing an app. It allows you to update content, manage your app, and implement other features. Also, almost every other app is using a dashboard, be it a mobile app or a web app.
However, they need to know how to create a dashboard web application. In case if you have the same question running in your head, then I am here to help you out.
In this article, I have listed out all the important areas that you need to look at how to create a dashboard web application – effective yet engaging. You need to know how data analytics will be integrated into it.
So here we go:
Differences between Dashboard and Report
The dashboard and report may seem pretty same. Like whenever you want to look at some data, dashboard and report is something that you look at.
However, they are not really the same. They both have differences, and to help you out, let me just draw the line and help you understand the actual difference between dashboard and reports.
What is a web dashboard?
In the world of software development, a dashboard is something that is visual and a way to represent key data points. For example, you can refer to a website that is selling computers. So, a dashboard will include all the items, top selling products for the last month, and so on.
What is report and how does big data play a role?
On the other hand, the report is something similar to the dashboard. However, it offers you detailed data of your company or any other thing. Also, it contains more text than a dashboard. You will need to know how to structure the data for your dashboard before setting up the interface though.
Reasons You Need a Dashboard Web Application
Now that you know the difference between a dashboard a report. The next question is, why you need a dashboard web application?
Dashboards are something that is designed to convey chunks of data in the simplest form. After all, no one likes to go through a huge number of words in a report. Instead, they can simply look at graphs, charts, or any other visual representation.
How Does Big Data Interact with Your Dashboards?
There are a lot of facets to big data. You need to understand how it aligns with your organizational goals.
Many experts have stated that big data pollution is a growing concern. Companies have larger and larger repositories of data, which can be difficult to assimilate and leverage. Dashboards can be used to solve the challenges this creates.
Here aer some ways that dashboards can improve the value of your big data:
- You can get insights at different levels
- You can customize the accessibility of your data for different stakeholders
- You can optimize different big data resources to maximize the utility of your budget
Web dashboards offer tremendous value for companies trying to get more value out of their data resources. They should apply these resources carefully.
How Much Does It Cost to Create Your Own Web Dashboard?
The last question is, what is the cost to create your own web dashboard? Well, depending on your project scale, the price will vary. However, if you ask me for a rough idea, I would recommend you to be prepared with a budget of $60,000 to 80,000.
So that was all for your question. If there is anything you wish to ask, then do feel free to comment below, and I will help you out.
Big Data and Web Dashboards Are Intuitively Intertwined
Big data is gaining greater value among companies all over the world. However, they don’t always know to leverage it effectively. Web dashboards provide a seamless interface to get the most value out of your data.