Sankey Charts are now available in Inforiver Analytics+, and we will now understand how Sankey charts serve several important purposes in data visualization:
1) Visualizing flow and proportions - Sankey charts excel in showing how quantities flow between different categories or stages in a process. The width of each flow directly represents its magnitude, making proportions immediately visible.
2) Tracking complex transformations - They're particularly valuable for visualizing inputs and outputs in systems where resources or values transform across multiple stages.
3) Revealing inefficiencies - In energy, manufacturing, or resource management, Sankey charts highlight where losses occur by showing how initial inputs diminish across a system.
4) Understanding relationships - The connections between nodes in Sankey charts reveal dependencies and relationships that might be difficult to grasp from tables or other chart types.
5) Communicating complexity simply - Sankey charts can represent multiple variables and relationships in one intuitive visualization, condensing complex data into an accessible format.
Let us see how we can create a Sankey chart in Analytics+
1) First, we have to ensure we have at least two values in Axis only then we can use Sankey Chart:
2) Next, we can go to the Chart Type tab and select the Sankey chart by typing 'sankey' in the search tab:
3) Now when we select the Sankey chart it gets applied:
4) We can select either a Horizontal Sankey chart or Vertical Sankey chart:
FAQs:
1) Do we need multiple values in Axis section to activate Sankey Chart?
Yes, we need multiple values else Sankey charts will not get activated.
2) Where can we purchase Inforiver Analytics+?
We can purchase here in AppSource --> Inforiver Analytics+ (100+Charts+Cards+Tables & Gantt)
