A dashboard is an information management tool that visually tracks, analyzes and displays key performance indicators (KPI), metrics and key data points to monitor the health of a business, department or specific process. They are customizable to meet the specific needs of a department and company.
The term dashboard originates from the automobile dashboard where drivers monitor the major functions at a glance via the instrument cluster.
A data dashboard is the most efficient way to track multiple data sources because it provides a central location for businesses to monitor and analyze performance. Real-time monitoring reduces the hours of analyzing and long line of communication that previously challenged businesses.
The development of a dashboard requires the combination of a good understanding of the business needs, the mastery of the capabilities of the Dashboarding tool and the knowledge of the data model available.