This should work!
Conclusion :
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Analytics on the Desktop: Excel or Power BI?
techMarch 11, 20240
In the past, Microsoft Excel was the standard solution for business analytics and data visualization. However, since its introduction, Power BI has been gradually replacing it. Companies use both Excel and Power BI, but what are the differences? What are their advantages and disadvantages?
Learn about implementing business analytics on the Biplan website.
What is Excel?
The world-famous spreadsheet application bahamas telegram data Excel offers a variety of features, including the ability to create interactive dashboards in the style of Power BI. This software is especially useful for quick analysis and calculations.
Using the VBA Visual Basic for Applications language, you can automate many tasks. There are several free templates available for creating dashboards.
Excel
However, dashboards created in Excel are less visually appealing and do not have as many data filtering features. Excel has the advantage of offering a much wider range of capabilities than Power BI. In particular, it is better suited for financial modeling and forecasting.
When using Excel, there is a risk of sharing outdated data. However, this can be avoided by using sharing platforms such as OneDrive, SharePoint or Microsoft Teams.
Remember that Excel is a general-purpose tool. You can also use this spreadsheet to visualize or scrape data.