ExcelWith a variety of powerful features such as form creation, PivotTable, VBA, etc., Excel’s system is so large that no analytics tool can surpass it, ensuring that people can analyze data according to their needs. However, some people may think that they are very proficient in computer programming languages, and disdain to use Excel as a tool because Excel can’t handle big data. But think about it, do the data we use in our daily life exceed the limit of big data? In my opinion, Excel is a versatile player. It works best for small data, and with plugins it can handle millions of data. To sum up, based on the powerful features of Excel and its user scale, my opinion is that it is an indispensable tool. If you want to learn data analysis, Excel is definitely the first choice.
Explore Data & Analytics Statistics
- Analytics leaders are nearly twice as likely as others to report enacting a long-term strategy to respond to changes in core business practices.
- In a survey of approximately 700 business professionals, only 15% said their organization is currently very effective in delivering a relevant and reliable customer experience. In the same survey, only 3% of respondents said they are able to act on all of the customer data they collect; 21% say they can act on very little of it.
- 90 percent of IT professionals plan to increase spending on BI tools.
- By 2025, the amount of the global datasphere subject to data analysis will grow by a factor of 50 to 5.2 zettabytes.
- 70 percent of investment professionals use “alternative data” or plan to do so in the next year.
- 14 percent of investment professionals use credit card and POS software data to derive data.
- The number of IT professionals using descriptive and predictive analytics grew from the mid-40th percentile to high 60th percentile between January 2018 and January 2019.
- 26 percent of businesses say data and analytics have significantly changed the nature of industry-wide competition.
- By 2020, there will be 2.7 million job postings for data science and analytics roles.
- Nearly 50 percent of businesses say big data and analytics have fundamentally changed business practices in their sales and marketing departments.
Check Out Data & Analytics Tools
Recent Blogs on Data & Analytics
- Top 5 Benefits to Centralized Data
- Snowflake’s Modern Platform Solves Data Challenges
- Self-Service Power BI with Shared Datasets
- Winning strategies for Data Governance maturity
- Five Questions You Need To Answer To Get The Most Out Of Power BI
- Power BI Download Options: App vs MSI
- Snowflake ELT vs. ETL
- Women In Tech: Getting Hired in Technology Roles
- Power BI Reports vs. Dashboards
- Five ways Financial Services Can Benefit from Snowflake