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Leveraging Variables in Domo to Unlock Enterprise Worth

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Leveraging Variables in Domo to Unlock Enterprise Worth

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In immediately’s data-driven world, it’s important for companies to make knowledgeable choices primarily based on correct insights. With out realizing what inquiries to ask forward of time, it may be difficult to create the precise information visualizations that can present the wanted data for each situation. 
 
Domo lately launched a brand new function, Variables, that gives highly effective self-serve analytics capabilities, giving customers the flexibility to show static dashboards into dynamic, interactive dashboards. Variables present an intuitive approach for customers to discover their information with out having to construct particular person information visualizations to account for each view of the info. 
 
Let’s take a look at what Variables are in Domo, how you can use them, and why they’re so priceless in unlocking enterprise insights by elevated interactivity and adaptability. 

What are Variables? 
 
A Variable in Domo is a user-defined enter that permits for fast manipulation of present information calculations. Variables are utilized in calculated fields generally known as Beast Mode calculations and might 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 rapidly modify visuals with out having to alter the underlying information. Once you change the Variable worth utilizing a Variable management, all visualizations on the dashboard which can be utilizing this Variable in a calculation will replace to mirror the brand new Variable worth. 

How do I exploit 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 identify and outline, information kind, and default worth. You can even choose a default management kind for any accessible values, if relevant.  Within the Beast Mode Editor (pictured under), you possibly can create new Variables or edit present 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 essential 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 essential 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 will probably be affected when a particular worth is adjusted. What would occur for those who assumed the next inflation charge or vendor subsidization charge? How will a rise in lead conversion % have an effect on new emblem gross sales? Will a ten% enhance in transport prices carry my product margin under the goal? These are the sorts of questions that may be answered rapidly utilizing Variables (you possibly can check out variables your self utilizing the embedded content material under).  

Moreover, Variables can drastically lower the quantity of muddle on a dashboard. As a substitute of getting to show a number of completely different visualizations to account for various metrics sliced and diced by numerous dimensions, dashboards might be constructed utilizing Variables in order that customers can merely modify one single visualization by completely different metrics/dimensions to see the view they’re on the lookout for. What are my gross sales by area? What about my gross sales by product class? Now, let me filter to a particular product class and consider by sub-category. What about revenue? With Variables, this type of dynamic exploration turns into pure.

By offering the precise enterprise levers for viewers to regulate, Variables assist information the evaluation to unlock priceless 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 situations 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 immediately. 


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