As the computer's became cheaper, and the Internet became ubiquitous, data have transformed from being scarce to abundant. With gigabytes of data available on almost everything that one can think of, the new challenge facing analysts is how to analyze and present data.
Data visualization has emerged as a key tool to present synthesized data to a larger audience. The World Bank through Google has made significant strides in opening up its databases and, more importantly, developing tools to present animated data that have been held in digital and paper format in the Bank’s archives.
The British News magazine, The Economist, has also been at the forefront of creating innovative graphics. The latest is a dynamic interactive graph depicting housing price indices in most developed economies.
Please click here for the interactive graph.