The spreadsheet from Microsoft Office, created in the early 1980s, remains an essential tool for completing certain tasks in a business. Indeed, it is a program that has numerous formulas capable of solving various problems in companies and even for individuals. With Excel, handling numbers and data is done easily. But beyond all this, why do companies cling so strongly to this software? This article reveals the importance of Excel for businesses.
Why such success for Excel?
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Today, businesses can no longer do without this important tool that is Excel. That’s why it’s better to learn how to use it early by visiting, for example, apprendreexcel.com. Indeed, the software offers various functions for numerical calculations, data analysis, graphical representation, and even programming. With this software, it is easier to perform basic calculations like addition, subtraction, and even trigonometry, using the appropriate formulas integrated into it. Contemporary versions feature a much more sophisticated and organized dropdown menu thanks to the grouping of functions by tabs (home, insert, view, layout…).
Moreover, the menu presents the main functions that are better utilized during creation. With these functions, it is easier to insert your own data and make it speak through illustrations that synthesize it better and well. Furthermore, with Excel, it is possible to create pivot tables that simplify the organization and synthesis of complex data. Additionally, Microsoft Excel has the capability to connect with external databases like SQL.
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Is Excel optimal for data manipulation?
To better analyze Big Data, Excel still presents itself as an indispensable and widely used tool. With this software, companies can easily reprocess and store previously collected data to carry out their activity reporting. However, for this data to be effectively usable by the company, multiple checks must be made to ensure the reliability of the figures. It is worth noting that a lot of time is spent on manipulations, reprocessing files, and even verifications. This leaves little time for analysis. As a result, some companies have preferred to develop their own applications. Thus, the time required for a proven user within the company to develop an efficient tool on Excel is more rational.
Some companies, on the other hand, have chosen to provide exit strategies based on existing software on the market to allow their teams to quickly move on to the analysis phase. This solution should be optimal for these companies, but it is clear that the desired results are often not achieved. Indeed, having these applications developed by an IT team can take an enormous amount of time during which the needs and realities of the company may change. Thus, the situation changes and the development process no longer succeeds.
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To enable companies to better analyze their data, many applications have been designed. Others are even integrable with Excel, allowing companies to benefit from existing solutions. Thus, they can rely on a more secure tool without worrying about any technological complexity.