There was a time when data storytelling was such a common term in the realm of data science that it was almost a cliché. Over the past few years, the emphasis on data science-based research and intelligent analytics has taken over the mainstream conversation, but in the world of business enterprises, the importance of data storytelling has not lost an iota of criticality when making data-driven decisions by business leaders.
Data is probably the most powerful word in the lexicon of the digital realm today. However, despite being one of the most potent constructs in the computing world, it usually comes in a raw and undefined origin or format. Like mining, the precious metals are hidden in embedded rocks; if you will, is the data storytelling process.
But the data storyteller of today has nothing to do with number crunching. They craft precise, accurate narratives based on the output of the data science functions within the organization. It includes several elements like data visualization, correlation, and data engineering and analysis framework.
Breaking Down the Elements
Data Storytelling in the modern context represents a complex and sophisticated interpretation of the end narrative being presented. It has evolved to incorporate several components besides the visualization dashboards of the past. Some of the components include:
Architectural Components of Data Visualization – From A Storyteller’s Toolbox
Data visualization is similar to drawing a map, in which each graphical element is a meticulously crafted topographical component that reveals the geography hidden beneath the surface of the map. Data storytelling, when done right, is not a statistical representation on a graph, but an immersive and compelling narrative. Some of the architectural components are:
Perceptual Cognitive Mapping – Just like any performer would try to gauge the audience’s understanding of complex topics before their performance and structure their performance accordingly, data storytelling involves the data scientist accurately charting out the possible perceptions and cognition capabilities of the audience, in this case, the organization’s decision making managers and business leaders using neurologically optimized visualizations, besides leveraging the peripheral cognitive capabilities of the audience for any out-of-context references. The end goal is to minimize cognitive stress and optimize the story for the audience to absorb, internalize, and retain insights.
Semantics-Based Color Encoding- Blending psychology and social sciences within a data storytelling framework is no easy task, but expert data storytellers and data scientists will tell you how important chromatic encoding is, when blended with semantics, in data storytelling and visualization. A simple example of this concept is in the financial sector – imagine a loss or a downward trend is visualized in green. We are subconsciously programmed to believe that negative and alarming signals are usually displayed in red. Maintaining Semantic-based encoding helps the data scientist to map their visualizations per the audience's psychology, enhancing the story’s impact and reducing the perceptual information overload of the audience, thus maximizing the impact of the actual data’s story, faster and more efficiently.
Interactive and Dynamic Representation – Gone are the days of staring at a static graph and wondering “What if?”. Data Storytelling in the modern era takes the guesswork out of the human mind-driven business decision-making, and the dynamic and interactive representations of the same empower the audience to input several variable scenarios to see the outcomes, driven by pure and accurate predictive analytics. There’s modern data storytelling for you, where AI and ML combined with data visualizations empower organization leaders to predict the future performance of the organization or departments with surgical precision.
Modern Data Science programs incorporate multi-faceted and complex technological ecosystems where sophisticated knowledge generation platforms create hyper-personalized visualization dashboards and plots. However, data storytelling is not just data storytelling, figuratively speaking. They follow pragmatic implementations from Proof of Concepts to shipping the output to the user or audience. Let’s take a look at some of them:
Context Framing – Contextual data is the source of actionable insights for any organization. This approach establishes coherent narrative ecosystems that can resonate with the audience and provide granular interpretations of the backdrop against which the visualization is built.
EQ Resonance Engineering- As far-fetched as it may sound, modern data storytelling measures and then leverages the emotional quotient of the end users and generates the narratives that are tailored to resonate with them at an emotional level, which transcends the normal memory-based model of data presentation. This results in greater cognitive retention at a subconscious level, embedding the narrative that compels better decision-making and delivers a greater impact on the business outcomes
Iterative Refinement – Like CI/CD in the software development lifecycle as we know it, modern data storytelling uses sophisticated ensemble machine learning algorithms to gauge the audience response, automatically improves itself, and refines the narrative for better impact and results for future data- stories. Iterative refinement is focused on optimizing the narrative continuously and adapts itself dynamically based on feedback from user behavior, evolving into highly optimized narratives.
Technology frameworks and Tools in modern data storytelling are almost similar to an entire arsenal. Some of the commonly used frameworks from the server-end to the front-end presentations include Power BI, Tableau, D3.js, Pandas, NumPy, Tensorflow, Scikit Learn, and related Python libraries and statistical computing tools like R Studio.
Learning to Build the Narrative
In the era when anyone with a computer is using AI for various aspects of their lives, the imperative for data storytellers and aspirants is pretty clear: continuous professional evolution as a survival strategy in the domain, and donning the hat of being architects of cognition, emotion, and social sciences, all weaved into the intricate web of modern data science frameworks. The only way to keep this in perspective of a career is in continuously upgraded professional certifications that are platform agnostic and holistic, such as the ones offered by USDSI®. So, start your journey into this intricate but wondrous world of organizational decisions based on data storytelling, and soar to success with your professional data science certification. Till then, we hope you enjoyed this narrative.
This website uses cookies to enhance website functionalities and improve your online experience. By clicking Accept or continue browsing this website, you agree to our use of cookies as outlined in our privacy policy.