Sankey charts are a powerful tool for visualizing flows, such as energy use, financial transactions, or information sharing. They are named after Captain Matthew Henry Phineas Riall Sankey, who developed a similar chart to visualize the energy use of an engineering company in 1898. In this article, we’ll explore the power of Sankey charts and how to create them, as well as delve into their various applications.
What are Sankey Charts?
Sankey charts are flow diagrams where links are proportional to the flow quantities they represent. They typically feature nodes or bubbles at the ends of links, and the width of each link represents the amount of flow between the nodes. This makes them particularly useful for visualizing complex flows, patterns and transformations that are difficult to understand through other means. Sankey charts can handle both single and multiple sources, with nodes connected by multiple links, and the connections can be arranged in a logical order.
Creating Sankey Charts
There are a few key elements to consider when creating a Sankey chart, including:
1. Labeling: Each node should have a clear and descriptive label that specifies the type of flow or process it represents. This helps viewers quickly understand what the chart is showing.
2. Ordering: Sankey charts typically start with a single node or source and follow the flow through a series of nodes and connections. You should consider the best way to order the nodes and connections to make the most sense for your audience.
3. Width: The width of each connection should vary in proportion to the flow it represents. This can be visualized as a width gradient or by creating different colors for different flow sizes.
4. Interactivity: Consider adding interactivity to your Sankey chart by allowing users to click on nodes or connections to see more information or filter the data.
There are many tools available for creating Sankey charts, including software such as Tableau, QlikView, and Microsoft Power BI, as well as online platforms like SankeyChartJS. Many of these tools provide templates and pre-built features to help you create effective Sankey charts quickly and easily.
Applications of Sankey Charts
Sankey charts have a wide range of applications across various industries and fields, such as:
1. Energy Use: Sankey charts are one of the most common applications for visualizing flows, particularly energy use. Energy companies, utilities, and government agencies can use Sankey charts to track the distribution and consumption of energy across different sources and uses.
2. Finance: Sankey charts can be used to visualize financial transactions, such as cash flows between companies or industries. This can help investors and analysts understand where money is flowing and identify potential market trends.
3. Business: Sankey charts can be used to visualize various business flows, such as sales and marketing, supply chain, or customer journeys. This can help businesses identify bottlenecks or areas of opportunity in their operations.
4. Data Science: Sankey charts can be used to visualize complex data relationships and transformations, making it easier to understand and analyze large datasets. This is particularly useful in fields such as social network analysis, financial market analysis, or biological systems.
5. Sustainability: Sankey charts can be used to visualize sustainability-related flows, such as carbon emissions or renewable energy usage. This can help organizations understand their impact on the environment and identify opportunities to reduce their footprint.
Conclusion
Sankey charts are a powerful tool for visualizing flows and patterns in complex datasets. With the rise of data visualization and analytics, Sankey charts are becoming an increasingly popular means of understanding and communicating data. Whether you are creating Sankey charts for business or research purposes, or simply exploring how to create and use them, there is no doubt that Sankey charts have the power to revolutionize the way we think about and approach data 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.