Let’s start with an interesting fact! Research undertaken by the Aberdeen Group discerned a 22% elevated adoption rate among users for companies employing interactive data visualization in contrast to those reliant on static reports. The surge in adoption is ascribed to the effortless and adaptable nature of engaging with data interactively using advanced financial analysis solutions. It is no secret that smart and intuitive tools are having a huge impact on consumer goods or retail companies. However, to not just survive but thrive, multi-location retail franchises need more than intuition; they require insights backed by powerful data. Retailers are rapidly shifting to data visualization and analytics to create business value. To do more with data, leading retailers are using insightful dashboards to track their business progress and measure key performance indicators (KPIs).
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