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idaciti Storyteller

idaciti Storyteller

8 posts •
When data diverges: The best ways to find and show outliers in financial data
Data Storytelling

When data diverges: The best ways to find and show outliers in financial data

Outliers get a bad rap in data. But to paraphrase the economist Robert Shiller, “the outliers matter the most.” When that’s the case, you want to find that outlier and put it on a stage. Here are two ways to track them down and then show them off.

  • idaciti Storyteller
    idaciti Storyteller
3 min read
The trouble with BYOD (Bring Your Own Data) & why most data visualization platforms are hard to use
Data Storytelling

The trouble with BYOD (Bring Your Own Data) & why most data visualization platforms are hard to use

Let’s get right to it: just because everyone’s talking about data visualization and data analysis and big data doesn’t mean that any of it’s easy. The best part of having data is using it to make decisions. But if you have bad data, the truth is that you’re only going to make bad decisions.

  • idaciti Storyteller
    idaciti Storyteller
2 min read
The metrics showdown: R&D over revenue in the pharmaceutical industry
Data Storytelling

The metrics showdown: R&D over revenue in the pharmaceutical industry

Pharma companies spend a lot of money in R&D--more than almost any other industry. And the R&D ratio (R&D compared to revenue) is interesting because it can tell us how invested in new product development one company is compared to another.

  • idaciti Storyteller
    idaciti Storyteller
2 min read
3 quick tips for better-looking and easy-to-understand financial graphs in Excel
Data Storytelling

3 quick tips for better-looking and easy-to-understand financial graphs in Excel

The secret to making made-in-Excel graphs beautiful and professional? Don't let them look like you made them in Excel.

  • idaciti Storyteller
    idaciti Storyteller
3 min read
2 TED talks that make the case for financial data visualizations
Data Storytelling

2 TED talks that make the case for financial data visualizations

These two TED talks use data visualizations to communicate in a way that numbers or words can’t. These methods can be especially applicable for financial data.

  • idaciti Storyteller
    idaciti Storyteller
2 min read
The definition of data literacy & how to build it
Data Storytelling

The definition of data literacy & how to build it

If entrusting data analysis to those who don’t know how to do it sounds a bit dangerous, it can be. So let’s talk about this data literacy thing and how you can encourage and help those you work with to develop it.

  • idaciti Storyteller
    idaciti Storyteller
2 min read
2 types of graphs you’ve never thought to use (but should): Waterfall & Sunburst
Data Storytelling

2 types of graphs you’ve never thought to use (but should): Waterfall & Sunburst

Everyone knows the clichés of the graph world--bar charts, pie charts, line graphs. And hey, there’s nothing wrong with them. But when what you want to show doesn’t fit neatly into the box of a bar graph or line graph, turn to more specialized graphs, like waterfall and sunburst charts.

  • idaciti Storyteller
    idaciti Storyteller
2 min read
How to tell stories with financial data
Data Storytelling

How to tell stories with financial data

Telling a great story means starting with the story, not the data. So start with your purpose--do you want to convince your CEO to allocate resources differently? Do you need to show your board that you’re growing faster than your competitors--and then stir in the numbers slowly and regularly.

  • idaciti Storyteller
    idaciti Storyteller
2 min read
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