Sankey chart was originally created to visualize complex data with style and ingenuity. This chart can be used to track the flow of information and resources between different entities. It was first introduced by Sir Benjamin Peirce in 1890 while he was working for the Census of the Nation’s Money and Wealth in the United States. Since then, the term “Sankey Chart” has been used to refer to this kind of visual data analysis.
In this article, let us explore the essence of this chart and how to create one for complex data visualization.
The Sankey chart is basically a visual representation of flows from one entity to another in a series of arrows representing the direction and amount of the flow. The chart consists of several nodes representing the various entities of interest, and links representing the flows between these entities. Unlike bar charts, maps, and heat maps which are used to visualize data, Sankey charts are designed to represent complex data, making them ideal for complex data analysis.
To create a Sankey chart, we first need data that needs to be visualized. The data should be organized in a way that allows us to represent flows between entities. This can be a table or list of related entities, or a set of data sources. After the data is organized, we use Sankey data manipulation software to generate the chart.
Once the Sankey chart is created, it can be used to track the information flow between entities visually. For example, we could track the flow of funds between a company’s departments, or the flow of ideas between a team of coworkers during a meeting. In this way, the chart allows us to see how resources are allocated and used in a complex environment.
There are several popular applications of Sankey charts. One of them is to track financial flows between different departments or departments and teams. This kind of data visualization can help organizations efficiently allocate resources and track important financial issues. Sankey charts can also be used to visualize the flow of ideas in a brainstorming session, or to track the flow of information between different sections of an online community.
Another way to use Sankey charts is for complex data analysis. This can help organizations better understand their data, and make data-driven decisions. For example, a company can use Sankey chart to track the flow of resources between different departments, and make better allocation decisions.
Sankey charts are a powerful tool for visualizing complex data. They allow for comprehensive data analysis without the need to rely on pie charts, bar charts, tables, maps and heat maps. Sankey charts offer a unique perspective on complex data and can help organizations understand complex data flows effectively. They are a great way to visualize data in a way that is simple, clear, and easy to understand.
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.
