Sankey charts are a type of visual data visualization that can be used to represent complex data flows. They are often used in fields such as engineering, finance, and social sciences to represent the flow of data from one source to another, as well as the flow of information between different nodes (e.g. people, organizations, or data sources).
Sankey charts can be created in many different ways, but the basic concept is the same. First, you need to identify the key nodes and flows of data within your data set. You can then use a software tool or online tool to create the chart.
The main components of a Sankey chart are the nodes, arrows, and labels. Nodes represent one of the flow types, such as data flow, information flow, or financial flow. Arrows represent the flow between the nodes, and labels represent the information or data that is flowing through the nodes.
There are several different types of Sankey charts that you can create, such as a single-echelon and multi-echelon chart. A single-echelon chart shows a single flow of data from one node to another while a multi-echelon chart shows several concurrent flows of data between the same nodes or across different nodes.
One of the advantages of a Sankey chart is that it can be used to quickly summarize large amounts of complex data. By reducing the flow of data into a compact visual representation, it becomes easier to see the flow of information or data between different nodes and to identify the key flow types.
Sankey charts can be useful in a variety of applications, such as identifying bottlenecks in a supply chain, analyzing the flow of information across businesses, or visualizing the flow of data in social sciences research.
Overall, creating and understanding Sankey charts is a valuable skill in many business and scientific fields. With its ability to quickly summarize complex data and represent complex data flows, it is a valuable tool for any data analyst or researcher.
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.