Analysis and Visualisation of Big Data using Virtual Reality

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The use of virtual reality in Big Data arises from the need to revolutionise the visualisation and understanding of graphs, charts and data flows in general. Going beyond traditional software for big data analysis, renewing the approach to the presentation of the same data.

The amount of data that a human brain is capable of processing on a two-dimensional computer screen is limited. The two dimensions also inherently limit the graphical and animation capabilities that would make the data presentation more easily absorbable and analyzable. In addition, the exponential growth of information that we are able to collect thanks to today’s technological development, raises the need to rapidly improve data acquisition and analysis capabilities. Virtual reality can help solve the problem.

The uses of this technology range from the educational field to training and promotion. Its effectiveness is given by the high emotional component that the sensation of physical presence in the artificial environment creates in the user.

Portfolio Management and Risk Management Insurance

TwoReality specializes in the creation of multidimensional immersive environments for presentations, statistics, data, and everything that is represented with graphics. In this environment, the user can physically move around and can interact with the data immediately. The obvious effect is that data is more easily accessible, and visualized in a much more immersive way. The purpose is, therefore, on the one hand to make the enjoyment of data more interactive, on the other hand to ensure that the analysis and understanding of information is improved thanks to a more immediate visual representation and a possibility of comparison between different data, in a way never seen before.

The understanding of recurring models, the visualization of problems and possible solutions, and in general whatever the object of the search, will be faster, more efficient and even more pleasant thanks to the visualization and interaction modes offered by virtual reality.

A shared space allows data to be viewed simultaneously and discussed in real time.

A master user will be able to manage data flows in real time from an immersive 360° environment for Oculus Rift with manual controllers / touch, while all other “viewer” users will only have access to the data presentation frontend, will be able to manipulate and manage them according to certain “flags”, reorganize them according to specific parameters and visualize them in an impressive way, compared to current standards.

The wow effect of virtual reality will be total: observers will be fully aware of the data animated by the master user and will be able to take advantage of the best highlights through parameter changes for VR preview.

The editing interface will be simplified and practical to use without having to leave the virtual reality, but also ready to be used backend via the Desktop, in case the master user does not want to participate in real-time VR viewing.

The telecommuting that virtual reality makes possible today is more impactful and robust compared to traditional chat and virtual workroom environments.

The physical appearance of people, at the moment they share a physical virtual space with their collaborators, becomes an absolutely secondary aspect, compared to the immediacy of immersive data visualization.

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Knowledge is power, but extracting the right data from a stream of information is not always easy.

These are extraordinary times we live in.

Information technology is transforming every aspect of modern society: the way we work, play, learn, …..

The pace of transformation is not comparable to the revolutions of the past and the technological acceleration is exponential and continuously growing. One of the main consequences of this revolution is the growth of the volume of data we need to develop (and according to Moore’s law of the quality of this data as well as its complexity).

Depending on whether you need to study trade funds or the performance of an investment security, for each of the objects of analysis you have to take into account a truly enormous amount of data and above all they need to be related to more than two simple dimensions simultaneously, as is the case today with traditional software. These “groups” of data can be displayed as columns of analytical sheets or as predetermined dimensions in multidimensional spaces.

In this way, in their integrity, they create an environment of truly infinite dimensions, where complex models determine the variance of correlations, clusters, anomalies and differences. Often, it is precisely the set of these indicators that determines the trend of a market, and the key to understanding this complex trend is to know precisely how to apply a reading and decryption key that takes into account machine learning as well as the innovative point of view of the observer.

In a virtual reality space, where the possible dimensions are practically infinite, it is quite intuitive to understand that the distribution of data and the geometric possibilities of correlation are really numerous, as is the possibility of intuiting and understanding (and also demonstrating) that a rate is interesting when it is put in relation to the trend of a stock.

Big data is not relevant to the data. They are relevant if we are able to know the specific insight of the data and manage and control the knowledge that arises from the data itself.

Visualising and managing data in virtual reality: the power of a multidimensional space

Then, the visualization in virtual reality of this data can be seen as the bridge that allows the transfer of quantitative information to human intuition that characterizes the advanced understanding of new dynamics and relationships between data.

Traditional visualization, confined to a flat screen or paper, is in fact limited by nature and does not allow the mind to create new connections between data and possible points of view that are not immediately obvious, especially if these are not visualized in a dynamic, colorful, shaped, transparent and animated way, in an immersive manner and can be observed in real time in a virtual space that has no dimensional limits.

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TwoReality can create your project management software in VR for complex data sets from files exported by leading financial portfolio management (or similar) software to be viewed and managed within a virtual office shared with collaborators or clients during presentations, in order to leverage and highlight new models and new reading schemes within the same data, and thus give companies that choose to use it a truly unique and impressive competitive advantage.

If you are interested in developing applications for virtual or augmented reality glasses please contact us without obligation.

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