Sankey chart is an important and versatile type of graph for visualizing data. It is named after English physicist Thomas Sankey, who developed it in the late 19th century. Sankey chart is essentially a diagram where nodes (or pieces of information) are connected to edges (connections between the nodes). The information represented by the nodes and the connections between them are in a simple form called the flow diagram.
Sankey chart has many applications in data visualization, and it can be used to represent complex data flows. For example, a business can use a sankey chart to visualize the inflow and outflow of funds between departments. Another application of sankey charts is in project management, where it can be used to visualize the flow of resources and the dependencies between them. In these cases, the flow chart can help organizations to plan and control their resources more efficiently.
Sankey charts can be used for various data types, including numerical data (like flow rates), categorical data (like department names), and mixed data (which combines numerical and categorical data). The type of data that you select for your sankey chart will determine the structure of the diagram and how the information is presented.
One of the most exciting features of sankey charts is their ability to transform data visualization. They are very powerful for representing complex data flows and their structure cannot be represented by a simple bar or pie chart. Sankey charts can show how different pieces of information are connected and how they affect each other. This helps users to identify dependencies and understand the relationships between different data elements.
Sankey charts are also known for their ability to provide a fast and intuitively understandable representation of data. They allow data analysts and visual designers to focus on the underlying data and understand it without the complexity and redundancy of more detailed and complex data visualization options.
Sankey charts can be created using various software tools, such as OpenOffice.org, LibreOffice, Microsoft Office or other high-quality ones.
In conclusion, Sankey charts are a powerful visual tool for representing complex data flows. They provide a fast and intuitive representation of the data, and can be used for a wide variety of applications such as projects management, marketing, business strategies, and resource allocations. The intricate yet insight-oriented nature of sankey charts makes it a valuable asset in data analysis and visualization.
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.