Big Data, or the sheer volume of unstructured and structured data that companies are inundated with on a daily basis provides a challenge on what to do with the data. Pivot table can change how you sort and analyze data which can help companies make better use of their datasets.
With just a few simple clicks, you have access to a whole new set of information. Spreadsheets provide one solution to create pivot tables, but the best tools allow you to simply drag and drop fields in order to rearrange the data.
But what is a pivot table and how can it help you understand and analyze BIg Data? Read on to find out!
What is a Pivot Table
A pivot table is tool used for data summation for data processing. It enables you to easily summarize, sort, reorganize, group, count, total or average the data you have stored in a database. Because it easily allows you transform columns into rows, rows into columns, you can group by any data field.
Pivot tables transform a simple, everyday spreadsheet into a much more robust data system. Looking at the same data from different angles and in different ways gives you a greater ability for analysis, projection and visualization.
Understanding Big Data
With rise of computers and processing power, the amount of data generated and stored by companies has increased dramatically. This data is collected for a variety of sources: emails, spreadsheets, inventory history, call logs, and more. It contains a lot of useful information that could help you better manage your business, but without the ability to sift through and locate the information it just ends up sitting there useless.
Sifting through the information collected allows you to gain insight into customer and employee behavior by locating patterns in the data. You can use these patterns to predict future behavior and improve your service.
Managing Data Velocity
Big Data streams in at an unprecedented speed as there is a near constant flow of information. Pivot tables allow you to capture the information as quick as it comes in and sort it just as fast. The faster that it’s sorted, the sooner the information can be viewed and used. In many businesses time is of the essence and that data may not be useful if it’s not used in a timely manner.
Managing Data Variety
Big Data comes in all types of formats, both structured and unstructured, which can make it difficult to monitor and track in standard ways. Pivot tables can sort the different data types and summarize it in order to display the relevant information across multiple data types.
The drag and drop function of the pivot table enables you to quickly slice and dice the data as needed to identify the relevant patterns. The faster these patterns are uncovered, the sooner you can make decisions and changes for your business based on the information you view.