Sankey charts are a type of diagram that is particularly engaging and useful in many fields. They are able to convey complex relationships and data very easily, which is why they are so popular in analytics and visualization. In this article, we’ll take a look at exactly what a sankey chart is, how they are created, and what they can be used for in your data visualization projects.
Definition
A sankey chart is a diagram that visualizes a relationship between multiple categories with an indication of which amount is more significant than the others. It’s a type of network diagram that’s based on the use of horizontal arrows to link the categories with the amount or value.
Creation
A sankey graph can be created using a combination of spreadsheet software like Excel and graphing software like Tableau or Power BI. They are especially popular for creating pie charts or bar charts, but they also provide a way to visualize complicated data in a very logical way.
Applications
Sankey charts are a great way to convey data and relationships that would otherwise be confusing or difficult to understand. They are particularly useful in fields like:
- Marketing
- Finance
- Science
- Management
- Education
In each of these fields, there is a specific use for sankey charts. For example, in finance, sankey charts could be used to visualize a company’s investments, while in science, they could be used to visualize the distribution of variables over different groups.
What makes sankey charts so effective at conveying complex relationships is their ability to visualize the flow of information. Instead of a pie chart or bar chart, a sankey chart visually shows each segment of the data and how it relates to the others. This makes it much easier to read and understand the data at a glance.
Overall, sankey charts are a fascinating way to visualize data and relationships. They can be created with no programming skills required and are extremely effective at conveying complex data sets. Whether you’re a student, a researcher, or a data analyst, a sankey chart can be a valuable tool in your visualization arsenal.
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.
