Importance of Microsoft Excel in Business

Microsoft Excel in business

Microsoft Excel is very important in our daily business operations. Microsoft Excel is used in business to perform various mathematical, financial calculation.

In Microsoft excel small and big business owners can analyze information and visualize data and information in charts, smart arts, and pivot tables.

Microsoft excels help businesses in decision through seeing visuals stats of data.

In other words, Microsoft Excel is an office application developed by Microsoft Inc. American multinational company (Founded on 4 April 1975 by Bill Gates and Paul Allen)  to do personal and official works professionally such as to create agendas, budgets, work calendars, official or personal expenses reports, forms, inventories, business or project plans, reports, statements, and timetable etc.

Almost all private and government sectors use Microsoft Excel to perform day to day calculations.

The first version was launched in 1985 and excel 2016 (v16.0) is the current version of Microsoft Excel. Nowadays you can also use Microsoft excel online by using one drive file hosting services.

This another product of Microsoft Inc. that allows users store, access, calculate, manipulate, arrange, analyze, sync files, folders, and access by using a web browser(Microsoft Edge, Google Chrome, Mozilla etc.) from computers or mobile.

Related: Uses of Microsoft Excel in daily life

Currently, you can use 5 GB free space to upload your files and you can edit your excel and documents from anywhere. After the office online or excel online you don’t need to carry pen drive for your files. You can simply upload or create your excel files in real time.

The use of excel here I am dividing into 3 categories. Perform data calculation, analyze information, and visualize data.

The greatest benefit of Microsoft Excel is that you can communicate with others by data visualization. You can do data analysis, scientific visualization.

Importance of Microsoft Excel in business and skills required for offline and online Jobs

Data Scientist, Administrative support, Data Analyst, Data Management, Data Mining, Reporting etc. are few jobs with higher salaries and future freelancing business. In future digital companies unable to do product launching, marketing campaign without analysis of data and information. (Guessing)

I consume more than 5 GB data in a way similar to others. It is just an example. It is tough for digital companies or websites to collect analyze, perform a calculation on the consumer, website visitor’s data they are getting. Because without proper research and analysis of data it tough to drive product in the market. That’s why companies looking for excel experts. Anyone after 10+2 or graduation with great skills in excel can find online jobs easily. Experts also start an online business after knowing about the job opportunities in Microsoft Excel.

If you want to know more about the business opportunities then read the second paragraph of this blog post again.

Related: Best Online Courses to learn Microsoft Excel 2016

Essential advanced Microsoft Excel skills include practical knowledge of functional library. Such as the practical knowledge of financial, logical, text, lookup & reference math, filters, and pivot table tools etc.

Microsoft Excel is a great application to start a business with by providing data analysis services. According to me, the first step is that you can use Microsoft excels for your own work and day to day business or work task then analyze the benefits you got from the use of this spreadsheet.

If you think it is beneficial for others also then provides and markets your services to the world. You can also do the researchers on the Microsoft excel recommended skills and services online and offline.

Related: What kind of data can be stored in cloud storage?

 

If you haven’t subscribed yet, Please Enter your email id here & subscribe then verify it by visiting verification link in your mailbox, after that you will get great articles like this one automatically to your email inbox.

Computer Teacher at Klient Solutech in Shimla. Freelancer on Upwork. Web Designer and Internet Marketer at localwebcreator.com I create personal and business websites. If you need any help then contact me here
or if you’re looking for any other solutions/suggestion/query/answer please contact here  or or you can send your proposal directly on my upwork profile.

SHARE THIS
  • 17
  •  
  •  
  •  
  •  
  •  
    17
    Shares

Leave a Reply

Your email address will not be published. Required fields are marked *