• Skip to main content
  • Skip to footer
Revelwood Logo

Revelwood

Your SUPER-powered WP Engine Site

  • Who We Are
    • About Us
      • Our Company
      • Our Team
      • Partners
    • Careers
      • Join Our Team
  • What We Do
    • Solutions
      • Workday Adaptive Planning
      • IBM Planning Analytics
      • BlackLine
    • Services
      • Implementation Services
      • Customer Care
        • Help Desk
        • System Administration as a Service
      • Training
        • Adaptive Planning Training
        • IBM Planning Analytics / TM1 Training
    • Products
      • DataMaestro
      • LightSpeed
      • IBM Planning Analytics Utilities
  • How We Help
    • Workday Adaptive Planning Use Cases
    • IBM Planning Analytics Use Cases
    • BlackLine Use Cases
    • Client Success Stories
  • How We Think
    • Knowledge Center
    • Events
    • News
  • Contact Us

IBM Planning Analytics Tips & Tricks

IBM Planning Analytics Tips & Tricks: Planning Analytics Workspace Chart Types

 

Tips & Tricks

May 22, 2018

By Revelwood

This is a guest post from Revelwood’s Susan Musselman. 

Did you know charts and graphs are an excellent way to illustrate relationships in data and highlight trends in IBM Planning Analytics Workspace? They are visualizations of data that allow end users to quickly analyze a large amount of data. To make the biggest impact, it is important to choose the right chart for the use case of the data. Following is a list of chart types available within Planning Analytics Workspace, along with use cases where one type might be better than another.

Area Charts

Chart types in IBM Planning Analytics Workspace

An area chart emphasizes the magnitude of change over time. It is good for showing trends. Example: show how sales values have changed over a number of years.

 

Bar Charts

Chart types in IBM Planning Analytics Workspace

Bar charts are used to compare different items, or to show a comparison of items over time. Compared to Column charts, Bar charts are good for displaying long data labels. An example would be a Top 10 Salesperson chart where the full names are listed.

 

Stacked Bar Charts

Stacked bar charts_chart types in IBM Planning Analytics Workspace

Stacked bar charts are designed to help you simultaneously compare totals and notice sharp changes at the item level that are likely to have the most influence on movements in category totals.

 

Column Charts

Column charts_chart types in IBM Planning Analytics Workspace

Similar to bar charts, but with a vertical orientation instead of horizontal. Column charts are good for displaying data sets with negative values. A good example would be a Regional Profit comparison chart where some regions have a loss.

 

Stacked Column Charts

stacked column charts_chart types in IBM Planning Analytics Workspace

Similar to column charts, but it shows multiple items in each column.  Example:  showing 4 quarters of Orders by Region.

 

Line Charts

line charts_chart types in IBM Planning Analytics Workspace

Line charts show trends over time. The chart can show just one line or multiple lines, but the number of lines should be limited so the chart does not get too busy.

 

Map Charts

map charts_chart types in IBM Planning Analytics Workspace

A map chart displays data based on geography. A good use of this chart type would be to show relative Revenue by State.

 

Packed Bubble Charts

packed bubble chart_ chart types in IBM Planning Analytics Workspace

This chart is a way to show relational value without regards to axes. The bubbles are in different sizes and colors. The x-axis represents one measure, the y-axis represents another measure, and the size of the bubbles represents the third measure. A good use would be Product Sales within Product Types. This chart is best for positive numbers.

Pie Charts

pie charts_chart types in IBM Planning Analytics Workspace

Shows each piece as a component of a larger part.  Good for showing percentages as part of a whole.  Does not show changes over time.

 

Point Visualizations

point visualizations_chart types in IBM Planning Analytics Workspace

A point visualization uses multiple points to show trends over time. It is similar to a line chart, but without the lines; only the data points are shown.

 

Radial Charts

radial charts_chart types in IBM Planning Analytics Workspace

Shows progress toward a goal.  Comparisons can be made by having multiple circles.  Too many will be busy and ineffective.

 

Radial Bar Charts

radial bar charts_chart types in IBM Planning Analytics Workspace

This chart is pleasing to the eye, but it may be difficult to interpret. It is similar to a bar chart, but it is displayed in a circular fashion.

 

Tree Maps

tree maps_chart types in IBM Planning Analytics Workspace

A tree map identifies patterns and exceptions in a large, complex data set. It should not be used with negative numbers. It shows relationships among large numbers of components by using size and color coding in a set of nested rectangles.

 

Word Clouds

word clouds_chart types in IBM Planning Analytics Workspace

A word cloud is a visual representation of text values. The more frequently a text string occurs in your data, the larger the string appears in the word cloud.

When choosing which type of chart to use, don’t forget the purpose: to make it faster and easier for end users to understand the data. The less explanation it needs, the better.

IBM Planning Analytics is full of new features and functionality. Not sure where to start? Our team here at Revelwood can help. Contact us for more information at info@revelwood.com. And stay tuned for more Planning Analytics Tips & Tricks weekly in our Knowledge Center and in upcoming newsletters!

Read more IBM Planning Analytics Tips & Tricks:

IBM Planning Analytics Tips & Tricks: Creating Dynamic, Attractive Views and Dashboards

IBM Planning Analytics Tips & Tricks: Displaying Data in Maps

IBM Planning Analytics Tips & Tricks: Visualizing Data into Pie Charts

Author

  • Revelwood
    Revelwood

    View all posts

    • Categories

      • Awards & Recognition
      • Financial Close & Consolidation
      • FP&A Done Right
      • IBM Planning Analytics Tips & Tricks
      • News & Events
      • Success Stories
      • Tech Bulletins
      • Workday Adaptive Planning Insights
      • Workday Adaptive Planning Tips & Tricks

    Popular Posts

    Authors

    Adam Riskin
    Adam Riskin
    Ailenette Cruz
    Ailenette Cruz
    Alex Goldman
    Alex Goldman
    Ben Alcock
    Ben Alcock
    Brian Combs
    Brian Combs
    Dave Miersch
    Dave Miersch
    Dillon Rossman
    Dillon Rossman
    Gary Leiffer
    Gary Leiffer
    John Pra Sisto
    John Pra Sisto
    Ken Wolf
    Ken Wolf
    Koury Reid
    Koury Reid
    Lee Lazarow
    Lee Lazarow
    Lisa Minneci
    Lisa Minneci
    Marc Assenza
    Marc Assenza
    Mary Luchs
    Mary Luchs
    Michelle Song
    Michelle Song
    Nina Inverso
    Nina Inverso
    Revelwood
    Revelwood
    Robert Nordhagen
    Robert Nordhagen
    Tara Byrnes
    Tara Byrnes
    Wesley DeMarco
    Wesley DeMarco

    Sign up for our newsletter

    Connect

Footer

Revelwood Overview

Revelwood helps finance organizations close, consolidate, plan, monitor and analyze business performance. As experts in solutions for the Office of Finance, we partner with best-in-breed software companies by applying best practices guidance and our pre-configured applications to help businesses achieve their full potential.

EXPERTISE

  • Workday Adaptive Planning
  • IBM Planning Analytics
  • BlackLine

ABOUT

  • Who We Are
  • What We Do
  • How We Help
  • How We Think
  • Privacy

CONNECT

Contact:

25B Vreeland Road, Suite 111 Florham Park, NJ 07932
201.984.3030
info@revelwood.com

Copyright © 2023 · Revelwood Inc. All rights reserved. Revelwood® and the Revelwood logo are registered marks of Revelwood Inc.