What Is a Real-Time Dashboard, and Why Do You Need One?
With the use of data visualizations, a real-time dashboard is used to track, analyze, and report on data in real-time. It’s always up to date and gives you rapid access to important information.
The dashboard’s data visualizations give a mix of real-time and historical data that’s important for tracking efficiency and spotting developing patterns.
This dashboard typically comprises data that is time critical, such as sales figures, operational data, and inventory-related figures.
Real-time dashboards are critical for marketing and sales teams who watch hourly and daily performance data. They may not be necessary for long-term financial strategies monitoring key performance indicators.
Why Is a Real-Time Dashboard Important?
Dashboards have two primary functions: alerting and responding. You may see the most crucial numbers right in front of you with a real-time dashboard.
This is helpful for e-commerce enterprises who want to know if their sales are at the desired level. It can also identify if a website is user-friendly.
Part suppliers can use a real-time dashboard to see if ships and trains arrive on schedule and provide raw materials in bulk, or if finished goods are delivered to the market.
A well-designed real-time dashboard demonstrates whether or not firms are operating as they should. It displays the order flow and how it compares to a month or year ago.
How to Create a Great Real-Time Dashboard?
For more details please read through this article
