In as we speak’s data-driven world, it’s important for companies to make knowledgeable selections primarily based on correct insights. With out understanding what inquiries to ask forward of time, it may be difficult to create the fitting information visualizations that can present the wanted data for each situation.
Domo not too long ago launched a brand new function, Variables, that provides highly effective self-serve analytics capabilities, giving customers the power to show static dashboards into dynamic, interactive dashboards. Variables present an intuitive means for customers to discover their information with out having to construct particular person information visualizations to account for each view of the information.
Let’s take a look at what Variables are in Domo, use them, and why they’re so worthwhile in unlocking enterprise insights by elevated interactivity and suppleness.
What are Variables?
A Variable in Domo is a user-defined enter that enables for fast manipulation of current information calculations. Variables are utilized in calculated fields generally known as Beast Mode calculations and will be modified utilizing Variable controls on visualizations and dashboards. You’ll be able to consider Variables as unbiased variables in an equation, permitting you to shortly alter visuals with out having to vary the underlying information. Whenever you change the Variable worth utilizing a Variable management, all visualizations on the dashboard which might be utilizing this Variable in a calculation will replace to mirror the brand new Variable worth.
How do I take advantage of a Variable?
To make use of a Variable, first create the Variable and outline its fields within the Beast Mode Editor. Fields embrace the Variable title and outline, information sort, and default worth. You can too choose a default management sort for any out there values, if relevant. Within the Beast Mode Editor (pictured beneath), you’ll be able to create new Variables or edit current Variables created on the occasion and use them in Beast Mode calculations. By including a Variable to a Beast Mode calculation, you’re enabling different customers to briefly modify this calculation utilizing a Variable management both on the visualization or dashboard. The calculation will use the default worth for the Variable till a person adjusts the Variable management. For instance, viewers of the visualization or dashboard can change a numeric worth from 5% to 10% and watch as any visualization utilizing this Variable updates to mirror this new enter worth. It’s vital to notice that modifying a Variable management doesn’t completely replace the worth being handed to the calculation and won’t have an effect on one other person’s visualizations or Dashboards.
How do Variables add worth to my enterprise?
Variables unlock vital enterprise insights by offering the instruments to carry out what-if evaluation, dynamic information views, and guided evaluation.
With Variables, customers can discover how key efficiency indicators might be affected when a selected worth is adjusted. What would occur in the event you assumed the next inflation fee or vendor subsidization fee? How will a rise in lead conversion % have an effect on new brand gross sales? Will a ten% enhance in transport prices deliver my product margin beneath the goal? These are the sorts of questions that may be answered shortly utilizing Variables (you’ll be able to check out variables your self utilizing the embedded content material beneath).
Moreover, Variables can significantly lower the quantity of muddle on a dashboard. As a substitute of getting to show a number of totally different visualizations to account for various metrics sliced and diced by numerous dimensions, dashboards will be constructed utilizing Variables in order that customers can merely modify one single visualization by totally different metrics/dimensions to see the view they’re in search of. What are my gross sales by area? What about my gross sales by product class? Now, let me filter to a selected product class and consider by sub-category. What about revenue? With Variables, this type of dynamic exploration turns into pure.
By offering the fitting enterprise levers for viewers to regulate, Variables assist information the evaluation to unlock worthwhile insights.
Conclusion
Variables in Domo are a sturdy software for customers who want self-serve analytics that allow them to drill deep into a number of enterprise eventualities with ease. They usually profit IT/Analytics groups by permitting enterprise customers to discover information independently.
Click on right here to look at a demo of Variables and get began utilizing them as we speak.