Sankey chart development plays a significant role in the field of data visualization. These charts use the concept of networks to visually represent relationships between different components or entities. They are a unique tool that enables a data scientist to explore complex relationships through a simple diagram. If you’re familiar with Gantt and Network diagrams, you can look at Sankey chart creation and applications to increase your skill set.
In this article, we will delve into the world of Sankey charts and learn how to unlock their secrets. We will explore the various benefits of creating Sankey charts, including their ability to visualize a wide range of relationships and their efficiency for identifying patterns and trends in data.
Let’s get started…
Creating Sankey Charts
- Input: The data in the form of lists or dictionaries to represent a network or a relationship between different entities.
- Output: A Sankey diagram that visually represents the relationships between various components.
- Example Input: A company’s sales revenue flow, where each item has a source and a destination, and a value associated with it.
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Example Output: A Sankey chart that visually represents the flow of revenue over time, showing how the sales team’s efforts are contributing to the overall revenue of the company.
Applications of Sankey Charts
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Marketing automation: Sankey charts can be used to visualize the buying journey of a customer, showing the flow of data from the customer’s landing page to the final purchase.
- Healthcare analytics: In the healthcare industry, Sankey charts can be used to visualize the flow of data between healthcare providers and patients, showing how different providers receive and share patient data.
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Supply chain management: Sankey charts can be used to visualize the flow of materials and components in a supply chain, showing how different parts of the supply chain work together to produce a product.
Benefits of Sankey Charts
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Visual representation: Sankey charts provide a high-level overview of the relationships between different components, making it easier to understand complex data.
- Efficiency: Sankey charts are efficient tools that can be used to quickly identify patterns and trends in data, making it easier to identify areas of improvement.
- Flexibility: Sankey charts are flexible and customizable, allowing you to add labels, colors, and other features to make your charts more visually appealing.
Conclusion
Sankey charts are a powerful tool that can help you unlock the secrets of data visualization. By understanding how to create and apply Sankey charts, you can gain a deeper understanding of the relationship between different entities and use this knowledge to make data-driven decisions. With the right knowledge, you can transform your data, unlock its potential, and achieve more with your data analysis.
SankeyMaster
SankeyMaster is your go-to tool for creating complex Sankey charts . Easily enter data and create Sankey charts that accurately reveal intricate data relationships.
