The scope of making better decisions by Startups through the use of data visualization

Abstract

This executive summary gives an idea about the report on which I have worked on. The report is based on data visualization which is an important tool for startups and companies to quickly and effectively understand their data. It involves presenting raw and complex data in graphs, tables, charts, diagrams, maps, timelines, and dashboards. Data visualization helps businesses make quick decisions and identify patterns faster, making it easier for them to make easy decisions. The main goal of this report was to identify how startup companies can use data visualization for their betterment. This report gives idea about uses of data visualization by Startups in different countries, examine the deficiencies faced by Startups, identify factors hindering the usage, and measure the impact of using data visualization in Bangladesh. I utilized two ways to define my objectives for this report. First, I conducted secondary research to analyze my objectives. Following that, I conducted interviews with several of my company's professionals. They assisted me in identifying and analyzing my objectives. Data visualization can be a valuable tool for startups, as it helps in decision making, risk management, and other positive ways. However, in Bangladesh, lack of awareness and infrastructure hinders the use of data visualization, hindering the growth and success of startups. To enhance their chance to be successful, startups should use data visualization for their specific goals and objectives.