ADVANTAGES OF USING EXCEL FOR DATA ANALYSIS FULLYou no longer need to be tied to a static Excel file to visualize your data, get full access to your dashboards by just logging in to your account from any device with an internet connection.Ĭharting options: Choose from 25+ chart types such as speedometer, area, maps, line charts, column, bar charts, and more to tell your data story in the most efficient way. ![]() Here we present you some of the most prominent features that makes our tool the most efficient alternative for Excel analytics:Īccess your data from everywhere: The SaaS nature of datapine allows you to access your data from anywhere. ADVANTAGES OF USING EXCEL FOR DATA ANALYSIS SOFTWAREOf course, datapine’s online reporting software offers a huge set of functionalities to save and monitor the generated charts in real-time dashboards or share your insights using automated reporting guidelines. Interdepartmental collaboration is enhanced with the use of interactive reporting tools such as datapine, making your entire decision-making process more efficient by involving all relevant stakeholders.ĭrag and drop rather than data analysis using Excel The cloud nature of modern self-service BI tools makes sharing reports with colleagues or relevant stakeholders easier than ever. When performing analytics using Excel working simultaneously with reports is not possible. With just a few clicks you will gain access to fresh insights for successful decision-making. All you need to do is connect your data sources, choose your most relevant KPIs, and schedule a time for your reports to be generated. ADVANTAGES OF USING EXCEL FOR DATA ANALYSIS MANUALModern reports created with a BI reporting tool are automated, leaving the pains of manual reporting in the past and considerably mitigating the risk of errors. Less risky: Due to the large amount of manual work needed for the data analysis Excel process, the risk of human error is high as data needs to be cleaned and manipulated constantly. In the long run, a data-driven culture will be implemented in your business. ![]() This will empower everyone in your organization to leverage the power of data analysis. Everybody who is using Excel for data analysis will find it much easier to handle our tool and will be surprised by the smart functions. A crucial advantage of datapine, compared to data analysis using Excel, is the intuitive drag-and-drop interface. datapine is one of the easiest solutions you can find to filter and pre-aggregate data without any SQL knowledge and export the resulting datasets to Excel. After all your sources are connected, you don’t need to worry about manually updating the data since the tool will automatically add the latest information available so you can work with real-time data from wherever you are.Īccessibility: One of the main setbacks from performing data analysis in Excel is the fact that it is segregated only to people with specific skills. ADVANTAGES OF USING EXCEL FOR DATA ANALYSIS PROFESSIONALdatapine’s BI reporting tool offers professional data connectors so you can connect all your data sources into one single point of access with just a few clicks. Real-time insights: As we mentioned, the static nature of Excel data analysis makes them less efficient and more expensive since by the time a report is done, the data might already be outdated. Like, this you don’t need to wait hours or days to get your information as it will automatically be available for you with just a few clicks. All your information from several sources can be visualized in one single dashboard that can be filtered depending on the needed data. With modern BI tools data management has never been easier. Considering that in today’s fast-paced world the data is needed for yesterday, all the time it takes to perform the analysis in Excel might not be worth it. ![]() First you need to perform the analysis and then visually prepare the results either with and Excel dashboard or a static PowerPoint presentation. Some extra benefits from using a BI tool for your Excel data analysis are:Īgile decision-making: Traditional Excel analytics often takes time. Easily access and explore your data, then filter and structure it before exporting the resulting dataset to Microsoft Excel. With datapine we designed a self-service BI solution that doesn’t require more than a basic knowledge of Microsoft Office for advanced data analysis in Excel and is mostly operated via an intuitive drag-and-drop interface that translates user interactions in SQL. While Excel is a popular tool that has been used for analysis and reporting for decades, it can no longer compete with the rise of business intelligence and self-service tools that are accessible and user-friendly. ADVANTAGES OF USING EXCEL FOR DATA ANALYSIS HOW TOHave you ever performed data analysis in Excel? While most people are familiar with Microsoft Excel, there are just a few of them who know how to extract data from a database, making this tool segregated only to people with the needed technical skills.
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