27 Microsoft Excel Experts Predict The Future Of Excel In Business Intelligence

With over 750 million users worldwide, Microsoft Excel is the traditional tool of choice for presenting and analyzing data.

And now, it’s in a position to be the new BI tool of choice, as well. With Excel 2016, Microsoft announced some forward thinking built in Business Intelligence (BI) features. In the age of big data, this is huge.

This announcement, however, raised many questions in the field of big data manipulation. Is Excel powerful enough? Can it manipulate the amount and types of data businesses deal with today? Does Excel have a future in Business Intelligence workflows?

In the search of answers to these questions, we rounded up renowned MS Excel experts and picked their brains on it. We asked them one visionary question:

Where do you see the future of MS Excel in Business Intelligence Workflows?

And here is what they shared with us:

1. Purna Duggirala – Chandoo

Chandoo.org // @r1c1

Purna DuggiralaThere is a running joke in BI communities.

“What is the most used feature in any business intelligence solution?”
It is the Export to Excel button.

Jokes aside, Excel continues to be the #1 platform when it comes to analyzing data, finding information, preparing charts and presenting them to decision makers. In that sense, I see Excel playing a strong role in BI workflows in future.

Excel continues to be the #1 platform when it comes to analyzing data, finding information, preparing charts and presenting them to decision makers. In that sense, I see Excel playing a strong role in BI workflows in future.

– Purna Duggirala

With the addition of features like Power BI (Power Pivot, Power Query, Power View, Power Maps etc.) that naturally integrate with Excel, analysts, reporting professionals and BI people are finding Excel more relevant for full-length BI implementations.

In order to remain the favorite analytics app of everyone, Excel needs to do what it is amazingly good for. These are – offer a sandbox-like environment where anyone can play with data and come up with information, keep the Excel software offerings clean & simple (with the addition of Power BI, buying and using Excel has become a complex process), give users competent & compatible Excel apps for tablet & phone devices and include features to do powerful data analytics processes with one-click (as against a complex set of formulas, pivot tables & manual steps that many analysts do now).

Long live Excel.

2. Ken Puls – Excel Guru

Excelguru.ca // @kpuls

Ken PulsI personally see Excel as THE future of Business Intelligence workflows.

No matter how many systems a company has, how big they are, or how many millions of dollars have been spent on them, the reality is that the majority of data is exported to Excel before decisions of serious consequence are made. I’d go so far as to say that there are only a handful of finance departments in the world who don’t run their critical decision making analysis through Excel.

With the increasingly diverse toolset being added to Excel — Power Query to source and clean data from disparate dirty sources, Power Pivot to aggregate those disparate sources into business intelligence models, Power View to create dynamic dashboards from those models and Power Map to tell the data story on a geo-spatial plane – it’s very clear that Microsoft is investing heavily to make Excel the Business Intelligence tool of choice.

I personally see Excel as THE future of Business Intelligence workflows.

– Ken Puls

The killer for Excel today is not the fact that it isn’t the best out there for building business intelligence, it is the fact that far too many users are ignorant of the vast amount of capability that was added in the last five years. The attitude of “Excel can’t do that” is still pervasive and relied upon by its competitors to sell THEIR products.

My advice to anyone looking at building business intelligence systems today and considering switching to a competitor’s product: find a business intelligence expert who REALLY uses Excel. Ask them what can be done. Chances are you already own the software that will do it all, you’re just not aware of how.

3. Bill Jelen

Mrexcel.com // @MrExcel

Bill Jelen

The new Power BI Desktop offering from Microsoft will make it easy to create powerful dashboards that you can share to various end points such as iPads within your organization. The easiest way to get data into Power BI is from an Excel file, so Excel continues to be the most important component in the Power BI workflow.

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11 Awesome Data Visualizations Way Ahead of Their Time [Infographic]

In this day and age of big data and information overload, data visualizations are, hands down, the most effective way of filtering out and presenting complex data.

A single data visualization graphic can be priceless. It can save you hours of research. They’re easy to read, interpret, and, if based on the right sources, accurate, as well.  And with the highly social nature of the web, the data can be lighthearted, fun and presented in so many different ways.

What’s most striking about data visualizations though is that they aren’t as modern a concept as we tend to think they are.

In fact, they go back to more than 2,500 years—before computers and tools for easy visual representation of data even existed.

Curious to see how data visualizations developed over time?

Below is an infographic that highlights 11 unique data visualizations from across different—yet significant, periods in history. It includes the first world map created by Anaximander, the elaborate Catalan atlas commissioned by King Charles V of France, Dr. John Snow’s map of cholera deaths in London that helped in combating the disease in the second half of the 19th century, and so on.

From ancient Greece and Medieval France to Victorian England and 19th century Sweden, these data visualizations and creators were ahead of the times, innovating the way in which information could be presented.

Whether they knew it or not at the time, these creators helped to develop an essential modern-day tool that is now invaluable to the world of statistics. Take a look.

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Data Visualizations Infographic

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5 Hats All Budding Entrepreneurs Should Expect To Wear

Preparing For Business

Nowadays, you can’t sift through a business news feed without hearing news about small startups that went from rags to riches and made it big. And if a success story provides you with anything, it’s the idea that anyone can do it, that all it takes is your passion and one great idea.

But that is NOT enough.

As a successful entrepreneur, you need to be versatile, open to risk, and committed to seeing your vision through. Not only that, but there are a ton of hurdles known as “work” standing in your way. They’re all too easy to forget when you’re excited about your idea, brainstorming on how to finance and pitch your product. Keeping your business afloat will mean a lot of business-related stress and becoming a jack of all trades.

Already have the entrepreneurial spirit and ready to take that first step? That’s great. But before you do, think about your second step: what roles and shoes will you have to fill?

To prep you with an idea of what to expect, consider a few of these essential hats you should expect to wear as you turn your pipe dream into a successful startup.

The Administration Hat

At the beginning, entrepreneurs will need to consider the nitty-gritty details of handling business operations on the most basic level.  Depending on what your business is, this will include any aspect needed to keep your company and product line running: office space, payroll, supplies, accounting, and setting up workflows, just to name a few.

If one part in the administration chain doesn’t work out, you have to be open to different solutions, looking at the process from all angles. That first year as an entrepreneur will be about discovering and testing both yourself and your ability to think outside the box. So be prepared.

The Team Management Hat

Don’t forget that it also takes interpersonal skills to build a successful company. Once you build a solid business team, you need to be able to work with and lead them.  This means being able to delegate tasks, mediate conflicts, listen to concerns, know everyone’s strengths and weaknesses, or simply give credit when and where it’s due.

Managing Office Teams

Whatever decisions you make regarding the team and your office, you need to be able to listen to the dynamics going on around you. With the management hat on, you lead and generate the company’s culture, creating an atmosphere and tone for the company.

The Marketing Hat

Nowadays, new businesses won’t even make an impact without some online exposure. Marketing will play a major factor in staying ahead of the field. On the technical side of things, this means being familiar with web technology, SEO, ads, marketing tools, and analytics.  On the human side of things, it means having a clear goal in mind to create a sincere brand you and loyal users can stand behind.

Once you have both, you’ll have to be able to decide what type of marketing works for your business and what doesn’t. And while it’s easy to mimic what other companies are doing, remember that one size doesn’t fit all. When it comes to marketing, expect to invest some serious time in researching your own demographics. A marketing campaign is only successful if it fits your company and your vision.

The Social Hat

Web presence and social image is everything now. From blogging to networking, wherever you choose to promote your business, you need to have a community behind you. It’s a great way to get feedback, support, and loyal fans. The relationship you build with your users is what will set you apart.

Making Business Connections

And note that this social hat doesn’t only apply to an online audience. This also includes in-person meetings, presentation pitches, board room discussions and even swapping business cards at conventions. Making the right connections can help put you in a good position in your niche.  No one ever does it alone!

The Tech Hat

Before you even start pushing your product out there, be sure you know the tech behind it—especially if you’re a tech start up. Be active in the development and testing stage. Do everything you can to be in-the-know about your niche, don’t leave this side of the project to only one person on the team. Don’t forget, if you’re helping to field the support lines too, you can’t blank out on basic usage and troubleshooting issues.

Learning New Business Technology

For non-tech start ups, this is still a necessity. No matter what product or service you offer to the public, you need to know about the tools needed to run your business. Dealing with customers online, for instance, may mean creating an entirely new database and digital document management system.  From simple emailing to document processing, you have to make sure your tech makes things work smoothly.

Debating on whether or not you can hack it?  Just reading about someone else’s success is enough to inspire you to make your own entrepreneurial dream happen. So before you quit your day job, do your homework first.  Be prepared for the tasks you’ll be spending most, if not all, of your time on.

Ever dreamed about starting your own business? How do you plan on getting it off the ground?

7 Enlightening TED Talk Videos Every College Student Should Watch

Summer’s almost over and it’s time to get yourself into school-mode. But with the last few reserved for back- to-school shopping and last minute registration issues, you may be too swamped to think of anything else outside of school supplies and dorm room arrangements.

And we aren’t talking about the usual back-to-school preparations. We’re talking about your life as a student. Are you emotionally and mentally prepared? Can you juggle your schedule effectively, go beyond your comfort zone, adjust to different learning styles? How do you plan on staying inspired?

Because there’s no way you can buy the help and advice you’ll need at a sale, we put together a small round up of 7 timeless and highly relevant TED Talks you’ll definitely want to check out.

These will provide you with some enlightening and trustworthy guidance in your personal development as a student.

Explore Different Things And Try Something New 

College is the place to try new clubs and sports, but getting out there might have you avoiding the sign up lines. If you need a little push, look no further than this TED Talk by Google Engineer, Matt Cutts. He shares his experience on trying something new for 30 days including writing a novel, taking a picture each day, and even hiking up Mount Kilimanjaro! What will you try?

Be Prepared For The Future Job Market

As a student, you may be worrying about economic challenges waiting for you when you’re academic career is over. What will the job market have in store for you? Watch economist Andrew McAffee as he explores what future jobs will look like and offers insight on how to prepare for a highly technical job market.

Learn How To Beat Procrastination

Procrastination. It’s inevitable. The good news is that you can overcome it. Vik Nithy, co-founder of 3 companies at age 20, offers a highly motivating TEDxYouth Talk on mentally beating procrastination with a few actionable steps you can easily put into play.

Improve The Way You Communicate With Others

From speaking up in class to delivering a presentation, most of us dread talking out loud and attracting the spotlight. However, sound consultant, Julian Treasure, makes it less scary with his break down on how and by what means we use our voice to talk to each other. Watch and get some pointers on how to feel at ease before you speak.

How Will You Make Important Decisions?

In college, you’ll be faced with choices that will have an impact on your future, and whether you like it or not, the sole responsibility of those decisions will lie on you. So how do you know what the right decisions are? There’s no definite answer, but Dan Gilbert, Harvard psychologist and Happiness Expert, offers an insightful discussion on the reasons why and how we make the choices we do.

Get The 411 Behind Online Learning

Before you join up for an online class, you’ll want to hear what Peter Norvig, director of research at Google Inc., has to say. He shares his experience on approaching and implementing effective online teaching strategies that are aimed at engaging students and enhancing the way they’re being educated. This is a great talk you’ll want to keep in mind when you’re in an online class with a thousand other students.

Stay Passionate About What You Love To Do

Amidst assignments and the daily study grind, it’s easy to lose sight of your passions. Whether you’re at school for sports, music, science, or writing, you’re there because it’s what you want to do with your life.  When you forget that, listen to some words of inspiration from the author of Eat, Pray, Love, Elizabeth Gilbert. She discusses her successes and failures, giving viewers advice on how to continue doing what they love to do.

PDF Usability And The Web: Is The Format Still “Unfit For Human Consumption”?

Portable document format

There has always been a well-documented love-hate relationship between users and the PDF format. You either love it when things go right or hate it when it doesn’t co-operate.

Yet for better or worse, the PDF document is in our daily lives. We convert and create PDFs, always emailing and reading them no matter how much we may complain about the format.

But think about what it was like before. Back in 2003, authoritative web usability guru, Jakob Nielsen, criticized the usability of the PDF on the web in his article PDF: Unfit for Human Consumption, in which he catalogs what he calls  the format’s “usability crimes.”

If you were an early PDF adopter in the late 90’s or early 2000’s, then you could probably relate very strongly to the article.  But would you still agree with it after more than 10 years? Probably not. You can’t deny the format’s improvement since then.

Despite the misgivings we have about the PDF, we can’t do without it. Because of large scale adoption, ISO standardization, and third party tools, the PDF format is a heck of a lot easier to work with. But it’s also due in large part, to the Internet itself and how it’s been shaping our user habits.

The State Of Our Online Behavior

Today we live in a highly technological world that co-exists hand in hand with the Internet. And whether we like it or not, our compulsion to stay connected online greatly influences our need to edit and work with documents on the web, including ones that weren’t meant to be edited.

We connect and communicate online.  Blogs, social media, and forums are endlessly engaged in discussion. Social networks are highly public, yet personal.  We need to access and do things online, to create an individual work space which we can control.

Connecting With The Internet
Photo Credit: Justin Marty via photopin cc

It’s no surprise then that because of this necessity, the digital documents we use daily are following this trend.  Our files have become part of the interactive and streamlined user experience.

Developers have been giving digital documents like the PDF a lot of integrated support.  Online app services like Google Drive, for instance, allow us to upload PDF documents for viewing, commenting, and sharing, all with a simple URL.  Desktop tools are also extending document sharing to real time collaboration over the web.

We can log in from anywhere and check in with our files on-screen.  Whether a professional on a tablet or a student enrolled in an online class, we can always connect with PDF contracts and research papers.  And on top of this, we can read and download PDF e-books from the web onto our mobile devices.

Using The Internet As A PDF Tool

Let’s not forget that Google has been able to index PDF files since 2001. Since then, the popularity of PDFs online has grown to such an extent that by 2013, 80% of non-html documents posted online were PDF files.

Admittedly, web browsers back in 2003 didn’t support PDF viewing very well.  However, browsers like Chrome and Firefox have begun including native PDF viewers. Add to that the ability to create a PDF for fast web viewing and your PDF documents are easier to go through than ever.

What’s interesting to note is that this online PDF viewing and sharing has gradually changed the role of the format itself.  Before, the PDF was considered only a final print format. But thanks to online services and advanced PDF creation and editing tools, it can be manipulated at any point in the workflow.

PDF In Document Workflows

Photo Credit: Saad Faruque via photopin cc

Consider how and when you’ve used online converters and web apps, or social networks and document search engines for a PDF. What did they do to help you with the file? Given the right utilities and extensions, we can interact with PDFs in our browser or annotate, highlight, and merge them instantly.

Truth is, it isn’t as hard to work with PDF files online as it used to be. In fact, presenting PDF content online is now perhaps the most basic thing you can do.

But what do you think? Is the PDF still hard for you to consume online–viewing, handling, or otherwise? It seems that with the way the Internet and the format are developing, there’s no better time to be a PDF user than now.