What finance and industry can learn from weather reports?
Weather maps are pioneers of data visualization
When you want to know what the weather is today, you wouldn’t imagine looking at a data list:
Data lists are accurate and precise, but also very abstract. They take long to understand, are hard to memorize and extrapolate from.
Humans struggle with understanding abstract data lists. We need to study for years and be subject experts to understand their content.
Luckily in 1875, Sir Francis Galton invented the data representation commonly called the weather map.
It is a visual representation of complex data. The user immediately understands the key information without needing to analyze the abstract.
We wouldn’t expect it presented in any other way.
Why should finance and industry lag behind?
When it comes to understanding information at our workplace or communicating with clients, we mostly rely on abstract data lists or a multitude of abstract 2D charts invented over 200 years ago.
Relying on these tools, we spend tremendous energy analyzing abstract information leaving us or our clients puzzled and leading to poor, late or no decisions.
Its consequences can be financial loss, loss of opportunity, loss of clients and even bankruptcy.
Visual-qi makes you a leader through better and faster decision making
By nature, we humans rely on our visual sense to understand the world. Identifying danger and acting within seconds or finding food, our visual sense has allowed us to survive and strive this far.
Visual-qi strengthens your and your clients capability to better and faster understand, decide and act using your senses.
Visual-qi simplifies complex matter, allowing well informed and swift decisions.
Your visual sense will continue to make you strive even in the age of data.
We use the most recent visual creation technology to create a new type of visual, spatial and interactive expression of your data.
Visual-qi is developed for use with current flat screens and new means of display like augmented reality and virtual reality glasses.
Can we see a real example?
Understanding investments in a portfolio should be as simple as reading a weather map.
In the following example above we look at an investment portfolio of which the investments are represented by colored bubbles. Each investment is compared based on 7 or more variables in one single view. By marking one corner as the “sweet spot” we can very easily identify which assets are our best assets to be overweighted and which are to be sold. Furthermore you can see the effect on your assets when submitted to exogenous shocks to help you make the right decisions.
The same visual tool can be used for many other industries and cases.
Illustration by Antonio Meza
More details are shown in the video of the desktop version on our partner site Synofin Virtual Reality Riskman.
Visual-qi™ provides powerful and simple visual keys for faster and more accurate understanding of complex matter, leading to better decisions.
For more information please contact us using the contact form below.
We look forward to Augment your Reality experience.