IDEAS home Printed from https://ideas.repec.org/a/jbh/ijsrcs/v10y2024i6id436.html

The Evolution of Data Visualization Tools and Their Impact on Business Decision-Making : A Historical Analysis

Author

Listed:
  • Ravi Teja Gurram

Abstract

This article examines the transformative evolution of data visualization tools and their profound impact on business decision-making processes. Through a comprehensive analysis of historical developments, theoretical frameworks, and technological advancements, the article explores how visualization tools have progressed from basic manual charts to sophisticated AI-powered analytical platforms. The investigation encompasses the cognitive foundations of visual information processing, the emergence of first-generation Business Intelligence tools, and the current landscape of modern visualization platforms. Particular attention is given to the integration of artificial intelligence in data visualization, including automated generation, pattern recognition, and predictive analytics capabilities. The article presents both quantitative and qualitative assessments of these tools' impact on organizational decision-making, highlighting significant improvements in decision speed, accuracy, and user engagement. The article reveal substantial benefits in terms of ROI, decision-making efficiency, and organizational adoption patterns. The article concludes by examining emerging trends, including the potential of extended reality technologies and edge computing, while acknowledging current limitations and providing recommendations for future research directions in this rapidly evolving field.

Suggested Citation

  • Ravi Teja Gurram, 2024. "The Evolution of Data Visualization Tools and Their Impact on Business Decision-Making : A Historical Analysis," International Journal of Scientific Research in Computer Science, Engineering and Information Technology, International Journal of Scientific Research in Computer Science, Engineering and Information Technology, vol. 10(6), pages 467-473, November.
    • Handle: RePEc:jbh:ijsrcs:v10:y2024:i6:id:436
    DOI: 10.32628/CSEIT24106192
    Note: Article URL: https://ijsrcseit.com/home/article/view/CSEIT24106192
    as

    Download full text from publisher

    File URL: https://ijsrcseit.com/home/article/view/CSEIT24106192
    File Function: Article URL
    Download Restriction: no
    File URL: https://ijsrcseit.com/home/article/download/CSEIT24106192/CSEIT24106192
    File Function: Full text
    Download Restriction: no
    File URL: https://libkey.io/10.32628/CSEIT24106192?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:jbh:ijsrcs:v10:y2024:i6:id:436. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Pankaj Sharma (USA) (email available below). General contact details of provider: https://ijsrcseit.com/home .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.