Introduction
When messing around with the aesthetics of my individual project, I came across Tableau’s built in “treemaps” feature. I really liked the way treemap graphs looked, but I found that the beauty of the charts heavily outweighed the functionality (at least for my individual project). With too many data points, I was unsuccessful in finding a way to incorporate this type of graph in my final product. I even began wondering if there was much functionality behind treemaps whatsoever, or if they were a mere ploy of manipulating data visualizations with little truth to present attention grapping beauty.
My biased opinion of treemaps was put to the test when I stumbled across the following visualization while doing financial market research on http://finviz.com/map.ashx?t=sec&st=w52.
At first, I was very skeptical when exploring this data visualization, but after further review, finviz successful persuaded me in the actual benefits of treemaps by utilizing the categories below.
Visual Problem Solving
With the problem statement of: “Visualizing Financial Markets”, the author immediately gains attention from a very large audience. Market researchers, investors, businesses, and students can benefit from a successfully visualized financial market. To implement successful visual problem solving, a visualization need to include an objective dimension and a subjective dimension. This visualization successfully targets an audience with style (subjective) and utilizes truthful/persuasive data (objective).
Objective
To visualize the entire financial market, the author was faced with a very difficult task. He ultimately broke the market into categories- Technology, services, financials, etc. and further broke those categories into individual markets like: internet, software, hardware, etc. for technology. With this specified data, he could now make his “claim”, or in this case- his visualization produce truthful yet enlightening results.
Validation
Does the visualization contain a domain, data, and a task? The answer is yes. The author successfully integrates his financial data to his domain by creating business comparisons based on market KPI. The combination of his goal and his supporting data results in a convincing task that is actionable to the audience.
Aesthetics
Finally, the most intriguing part of the visualization. The author boldly chose to implement treemaps, and could not have made a better choice. His task of visualizing financial markets is successful by his artistic way of comparing markets, industries, and businesses by their size. He allows users to see their KPI change over time, and delve into each market if desirable. Ultimately, he successfully developed a visualization that allows his audience to explore the product and come up with insightful results.