News affects all markets. Traders and analysts must understand the interdependencies of these dynamic relationships to stay at the top of their game. With all these moving data points it is becoming increasingly difficult to spot opportunity and avoid disaster. Large quantities of numerical data are virtually impossible to understand quickly. The fastest way for the human brain to absorb large quantities of data is through a visual model.
Humans have the ability to understand pictures instantaneously.
By converting data into pictures, and using color, size, shape and pattern to define relationships, individuals can rapidly process complex information giving their organizations a competitive edge. Data visualization is the art and science of turning complex high-volume sets of data into visual insight. Early examples of data visualization applications were employed in the fields of science and engineering. Scientists use visualization to forecast weather including variables such as temperature, relative humidity, and wind speed. Engineers use visualization to make more conclusive design assessments, reducing the need for physical testing.