A pivot table allows data analysts to analyse, explore and summarize, large amounts of data by using a variety of summary functions and view information more concisely.ĥ.
Pivot Tables: Pivot table is one of excels most interactive and powerful features for data representation.
Charts are used to show a relationship, and represent business data related to costs, inventory levels or sales.Ĥ. Charts: Charts, graphics and images are excellent mediums to make a comparison. Conditional Formatting: Conditional formatting changes the appearance of cells on the basis of conditions specified, enabling the data analyst to highlight cells with a certain colour, depending on the cell’s value and upon the user’s criteria.ģ. In the sort & filter group, on the data tab click to sort.Ģ. Select any cell within the range for sorting. Sort: Rearrange excel data based on the contents of a particular row/column in ascending or descending order or left to right depending upon the objective of the operation.
Record employee details and performance to limit attrition rate.ġ0 Excel Functions for Business Transformationġ. Discover trends, summarize expenses and better understand how the workforce is spread out by function or pay level. Summarize customer revenue by-product to plan customer relationship strategy. Formulate customised marketing strategy based on monthly purchase volume by product. Summarizing customer and sales data by category with a quick drag-and-drop using pivot tables. Listing of sales targets to manage the salesforce and plan future marketing strategies based on historical data. Listing expense categories to record how close the product is to budget across each category. For quick data intelligence, data analysis ToolPak gives a list of descriptive statistics which defines and describes business data, subsequently making data inspection an easy task for the modern enterprise.īusiness Applications of Excel Data Analysis Statistical Data Analysis for business includes a collection of statistical functions, besides a Data Analysis ToolPak that saves additional steps and valuable time of analysts.ĭata Analysis tool helps businesses with concise data inspection and lets the user perform a variety of operations instantly. This mighty analysis tool finds its use to solve a broad range of business problems that range from stock analysis, data visualization, budget planning, record maintenance, and fiscal result reporting. Cryptocurrency Analytics Insight features top news, insights and articles on Cryptocurrency covering the latest technology developments in the industry across the world.Įxcel as a data analysis tool solves numerous business problems and derives value for enterprise.Įxcel is a powerful tool adapted to business processes worldwide. Cybersecurity Analytics Insight features top news, insights and articles on Cybersecurity covering the latest technology developments in the industry across the world.
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