Sankey charts are a visual representation of a hierarchical relationship between two sets of values. It can be used to depict data in a more understandable and engaging manner. This type of chart is particularly useful in fields such as mathematics, engineering, and finance, where it is used to display the flow of data and information within a system.
A sankey chart consists of two sets of nodes and a network of lines connecting them. Each node represents a piece of data, and the lines between nodes represent the flow of that data. The sizes and colors of the nodes and lines can be used to represent the importance and significance of the data.
Sankey charts can be created in various software applications, such as Microsoft Excel, Tableau, and Google Sheets. They can also be customized to fit the needs of the user. The user can input the data and then choose the style and layout of the chart that best suits their needs.
Sankey chart applications are vast and can be used in a variety of industries, including healthcare, finance, and marketing. In finance, sankey charts are used to visualize the flow of cash flow and investments within a corporation. In marketing, they can be used to display the sales flow within different channels and products.
Sankey charts have the advantage of showing complex data in a simpler and more intuitive way. They can also be used for predictive analytics, such as forecasting the flow of product sales and predicting the outcomes of financial transactions.
Overall, sankey charts are an effective and powerful tool for visualizing hierarchical relationships. They provide a clear and concise representation of data, which can be helpful in identifying patterns and trends, and in making informed decisions.

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.