Is Excel Obsolete? Think Again. Here's Why It's BI's Secret Weapon (2024)

FAQs

Is Excel Obsolete? Think Again. Here's Why It's BI's Secret Weapon? ›

Excel isn't obsolete; it's evolving. In the hands of a skilled BI professional, it becomes a powerful tool for unlocking actionable insights from construction data. So, the next time you encounter that humble spreadsheet icon, remember its hidden potential as a BI secret weapon ready to transform your projects.

Yes, Excel remains a great tool for basic data analysis and calculations. Its user-friendly interface and familiar formulas make it easy to learn and use for quick tasks. However, for more advanced analytics you should consider data analytics tools.

No, as part of Microsoft 365 you will continue to get access to apps like Word, Excel, PowerPoint and Outlook. We will also continue to offer one-time purchases of those apps to consumers and businesses via Office 2021 and Office LTSC plans.

Yes, Excel is already increasingly becoming automated with the integration of AI technologies. The future is here, and Excel is evolving to incorporate more intelligent automation features that make data analysis more efficient and less time-consuming.

For AI and Excel, this is the same. For a lot of activities, Excel is better, more reliable, easier to audit, faster and more energy efficient. But the best is when you combine both! Here is when to use AI, when to use Excel and when to combine both!

Sometimes, conflicts with add-ins or other software can cause Excel to crash. Check for Corrupted Files: Check if the Excel file itself is corrupted. Try opening other Excel files on the affected PC to see if they also cause Excel to crash. If only one specific file is causing the issue, it may be corrupted.

Excel is the undisputed powerhouse of the spreadsheet world, but it can be overkill for many common tasks. Google Sheets should be your next stop, or if you're looking for a Google Sheets alternative, try Zoho Sheet. If you want a native application rather than a browser solution, LibreOffice Calc is your best bet.

Conclusion. As businesses outgrow Excel, they are turning to ERP systems for their data management needs. These systems offer greater scalability, increased security, easier collaboration, and seamless integration with other business applications—all of which help businesses run more efficiently.

Will Excel survive? ›

But Excel spreadsheets aren't going away any time soon. Neither are the complex calculations and reports that rely on accurate data pulled from spreadsheets and a multitude of other systems. Simple solutions built on Excel may not provide the scalability to support future business growth and complexity.

The Excel spreadsheet ends at 1,048,576 rows and the XFD column due to technical limitations and design choices. The row limit of 1,048,576 is because of how Excel internally represents numbers in binary form.

Looks like Microsoft is treating Office Script as a replacement for VBA. Targeting to automation progress in Excel.

In the dynamic and data-driven world of 2024, Excel Experts are invaluable assets to any team, wielding the power of data analysis and visualization to inform strategic decisions.

Even if people completely stopped creating new Excel spreadsheets today it would take decades to fully replace them with other software solutions.