What is the importance of a Sankey chart and how can I create one?
Hi @vignesh.sivakumar ,
Sankey charts are an important data visualization tool used to display the flow of information or resources within a system. They are particularly useful for illustrating complex systems or processes, such as energy or material flows in industrial systems, budget allocation in government agencies, or customer behavior in marketing research.
Some key benefits of using Sankey charts include:
Clarity: Sankey charts make it easy to understand complex systems or processes by providing a clear and concise visual representation of how information or resources flow through them.
Comparison: Sankey charts can be used to compare different systems or processes, allowing analysts to identify similarities and differences and to pinpoint areas for improvement.
Efficiency: Sankey charts allow for the efficient analysis of large datasets, making it easier for analysts to identify trends and patterns in data.
Communication: Sankey charts can be used to communicate complex ideas or processes to non-technical audiences, helping to improve understanding and decision-making.
Overall, Sankey charts are an important tool for data visualization, providing an effective way to display the flow of information or resources within a system.
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