Circular Dendogram

Basic features of chart:-

1. Circular Layout The dendrogram is arranged in a circular pattern, offering a compact and visually appealing representation of hierarchical relationships.
2. Nodes represent data points or clusters, connected by branches indicating hierarchical relationships, with branch length reflecting the degree of similarity or dissimilarity.
3. Circle sizes are dynamically determined based on quantity or another relevant metric, visually representing higher values with larger circles and lower values with smaller circles in the dendrogram.
4. Outliers: Highlighted as individual dot lines beyond a certain quantile range.
5. Circle colors dynamically vary based on a chosen metric, displaying higher values with a color close to the higher bound, lower values with a color close to the lower bound, and intermediate values with colors in between.
6. The circular dendrogram incorporates the company logo as the root element, adding a distinctive and branded touch to the hierarchical visualization of data points, with dynamic circle sizes and colors reflecting relevant metrics.

Advanced features of chart:-

1. The circular dendrogram features a pie chart as the root element, dynamically creating segments based on the root's categories. This enhances the visualization, providing a comprehensive overview of the distribution within the root circle, complemented by dynamic circle sizes and colors for further insights.

In which business scenarios this chart should be used, for which business process it's helpfull please write in detail

Product Portfolio Analysis:

Scenario: Companies managing diverse product portfolios can use the dendrogram to analyze relationships and similarities between different product categories or product lines.

Benefits: The dynamic circle sizes can represent the quantity of products in each category. Colors can denote performance metrics, and the pie chart at the root can show the market share distribution.

Customer Segmentation and Engagement:

Scenario: Marketing teams can utilize the dendrogram to understand customer segmentation based on various attributes such as demographics, preferences, or behaviors.

Benefits: Dynamic circle sizes can reflect the customer base size in each segment. Colors may represent customer satisfaction levels, and the pie chart at the root can visualize the overall distribution of customer segments.

Supply Chain Optimization:

Scenario: In logistics and supply chain management, the dendrogram can help visualize relationships and dependencies between different components of the supply chain.

Benefits: Circle sizes can represent quantities or volumes of goods in different supply chain nodes. Colors may indicate efficiency metrics, and the pie chart at the root can illustrate the distribution of suppliers or distribution centers.

Financial Portfolio Management:

Scenario: Investment firms can apply the dendrogram to analyze the hierarchical relationships and similarities between various financial instruments.

Benefits: Dynamic circle sizes may represent the value or weight of different assets. Colors can indicate performance metrics, and the pie chart at the root can show the distribution of asset classes.