What is Excel?
Excel was released decades ago by Microsoft Office. And it is used so commonly that it has become the standard spreadsheet tool to analyze data today 🤗
Excel is usually used to store data. It also helps perform mathematical and logical functions and statistical operations. You can create tables, charts, macros, illustrations, and even your own formulas in Excel.
Excel is a great tool for everyday use. And it is used by individuals, data analysts, data scientists, and businesses altogether. If you prefer economical yet resourceful spreadsheet software, Excel makes a great choice.
Good things about Excel
Let’s have a look at some features of Excel that are truly unmatched.
Formatting & Organizing
Excel is extremely powerful when it comes to formatting and organizing data. You can change the color, height, width, font, style, and a lot more. Unlike Tableau, you don’t need to apply the formatting to each cell manually.
Excel provides a fill handle that can apply the data formatting to hundreds of rows in a double click only. Similarly, in Excel, you can easily sort data, use flash fill and perform data filtering in seconds 🚀
Functions & Tools
Excel offers more than 400 different functions and features. And you can use different functions to accomplish a single purpose. In fact, Excel is so versatile that even if a function doesn’t exist, you can create it yourself using hacks.
Although Excel has great data blending features, it works best for structured data only. With big data, even some basic calculations can become difficult.
Apart from that, Excel offers a user-friendly interface that is easy to understand and use. Each feature is only a single click away, and entering data is pretty simple 😉
Not-so-good things about Excel
Even though Excel has become a household spreadsheet application at this point, it still has its drawbacks. Let’s discuss them below.
Excel can be used by beginners, but to use it to its full potential, you need knowledge and research. The essence of Excel is VBA, and you need some know-how of programming knowledge to use it. And to get the maximum juice out of it, you might even need some coding skills.
That’s a huge learning curve. And this makes Excel a static tool for people with insufficient or no prior knowledge.
Limited Security Controls
Excel is great with its features and all, but it has limited security controls. It does not have strong encryption, which puts it at risk of unauthorized access. Even if you lock cells or the entire sheet, the raw data can still be easily breached.