The History of Microsoft Excel
The Most Powerful, Customizable, and Widely Used Business Solution.
Microsoft Excel has been around since 1982, first introduced as Multiplan, a very popular CP/M (Control Program for Microcomputers), but lost popularity on MS-DOS systems to Lotus 1-2-3. In 1987, Microsoft introduced Excel v2.0 for Windows and by 1988 began to outsell Lotus 1-2-3 and the emerging QuatroPro. In 1993, Microsoft released Excel v5.0 for Windows which included VBA (Visual Basic for Applications), aka Macros. This opened up almost unlimited possibilities in automation of repetitive tasks for crunching numbers, process automation, and presenting data for businesses.
Present Day Microsoft Excel
Flash forward to present day with the release of Excel 2013, Microsoft Excel is the most familiar, flexible, and widely used business application in the world due to its capability to adapt to almost any business process. Coupled with the use of other Microsoft Office applications, Word, Outlook, PowerPoint, etc., there is little that cannot be handled by this very powerful combination.
The uses of Microsoft Excel and the Office Suite are almost limitless. Let us consider the top 10 list of most popular and powerful built-in Excel features:
1. Efficiently model and analyze almost any data
2. Zero in on the right data points quickly
3. Create data charts in a single cell
4. Access your spreadsheets from virtually anywhere
5. Connect, share, and accomplish more when working together
6. Take advantage of more interactive and dynamic PivotCharts
7. Add more sophistication to your data presentations
8. Do things easier and faster
9. Harness more power for building bigger, more complex spreadsheets
10. Publish and share through Excel Services
Now, add to this the ability to customize and automate any operation via use of VBA and you have a tremendous value added BI (Business Intelligence) platform that is flexible and creative enough to tackle almost and business need.
The Future of Excel
Where do we go from here? With the internet becoming more central to our lives and business, it makes sense that the needs of the many will prevail. With the recent addition of PowerPivot, used to access much larger data sets, the expansion of the row/column limit from 64k to 1M, and Microsoft Office Web Apps the direction is clear. Currently in development and testing is the integration of Excel with CTP Hadoop connector for SQL Server, which provides for the seamless integration of older and newer technology with the benefit of much more expansive dataset usage capability for BI.
Business is moving more and more into cloud based computing for shear accessibility of data and collaboration. This is where we see the future of Microsoft Excel moving to a break-neck speed in the next few years to provide multi-user access to massive data for analysis, reporting, and considerable increases in efficiency and production.
In today’s competitive business environment, custom solutions are required to maintain the edge against competition and profits. Microsoft Excel consultancies are the foremost authorities for present and emerging technologies. Having an expert consultancy on retainer is paramount in harnessing the full power and efficiencies needed to compete in the 21st century.