A recent article in CIO suggested that spreadsheets will go by the wayside in favor of BI applications. As a self-professed spreadsheet junkie — (I once created an Excel Solver model to optimize the cutting of wood molding for the baseboards in my house) — I’m not sure what to think of this claim. On the one hand, there is a lot of analysis that business users force into Excel that would be better suited for other tools. On the other hand, Excel is familiar and accessible to most. So is it better to use the right tool or the familiar one? I say Excel (or something similar) will be around for quite some time.
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I agree with you John. Excel will always have its place. Not everyone in an organization needs to perform in-depth business analysis that would require the BI tools they talk about. Excel is an excellent tool for smaller scale analysis exercises. Additionally, BI tools tend to be pricier than Excel, especially since Excel is already on the desktops of the majority of users. Thanks for sharing this interesting article!