Microsoft Excel 2016 Business Analytics
Microsoft Excel 2016 Business Analytics > https://shoxet.com/2t10Rk
Recently, we told you about the exciting new features and improvements in Excel 2016 that expand the business analytics capabilities available to you and your company. Today we will tell you about the changes we have made to help you get access to the features that fit your unique needs, including more Office plans that offer advanced analytics functionality.
Excel 2016 provides capabilities that allow you to further enhance your data analysis experiences and share your data and analysis more effectively across your company. These features, usually suitable for professional business analysts, come with all premium plans of Office 2016, including Office 365 ProPlus, Office Professional Plus, Excel 2016 Standalone, and now also in Office 2016 Professional! Here is the list of the advanced analytics features:
Do you often import data into Excel? Do you ever need to shape your data before you analyze it and build your reports? We are excited to let you know that your get-data experience in Excel is about to change forever. In Excel 2016 we have integrated Power Query technology into the Data ribbon under the Get & Transform section. Power Query technology enhances the self-service business analytics experience in Excel by simplifying data discovery, access and collaboration.
When combined with the other data analytics tools available in Excel 2016, Power View becomes an advanced reporting tool that allows you to customize your presentation for any intended audience. You can quickly convey the results of your data gathering and analysis without forcing your audience to look at a bunch of numbers and try to decipher their meaning. Management can consume the information quickly and use it to make important data-driven decisions.
Learn how Microsoft Office 365/Microsoft Excel 2016+, combined with Microsoft Power Query, Data Model, Power BI Desktop, and Power BI service come together to provide Microsoft modern analytics capabilities.
Power Query in Microsoft Excel is a powerful data connection, cleaning, and shaping technology that is a core part of the Microsoft modern analytics suite of business intelligence tools. Achieving clean data for analysis consumes countless hours for professionals across all industries. With Power Query, your data preparation and cleaning will be transformed, automated, and improved, giving you time for analysis and for driving business impact.
Basic analytics features are available with any Microsoft 365 subscription or any Office 2016 one-time purchase. Such features include PivotTables, slicers, charts and data model capabilities. With Power Query, you can import, shape, and merge data from files, databases and websites. Basic data model support allows you to load data to the data model, detect relationships automatically, add time grouping, and create DAX measures.
Power BI is a suite of business analytics tools that deliver insights throughout your organization. With Power BI Desktop, you can connect to hundreds of data sources, simplify data prep, and drive ad hoc analysis. You can also produce reports and then publish them for your organization to consume on the web and across mobile devices. Everyone can create personalized dashboards with a 360-degree view of their business. Governance and security tools are built-in.
Big data and the process of turning raw information into meaningful reporting and visualization has seen huge growth by companies focused on data driven decision making. Many of my enterprise accounts have shown a specific interest on how to better use data for making business decisions based on historical, real-time and predictive analytics. There are seemingly endless application options to consider for helping to process and organize data through statistical modeling, so I included a couple charts below that I thought would help.
CMPT 115 Introduction to Business Analytics with Microsoft ExcelThis course provides an applied introduction to business analytics using Microsoft Excel spreadsheet software within the Windows environment and maps to the Microsoft Office Specialist (MOS) Excel core level curriculum. Topics include: Microsoft Office, worksheets and workbooks, functions, tables, templates charts and diagrams, what if analysis, external data and database integration, and collaboration and workbook distribution. Lab time outside of class is required. NOTE: Previous experience with computing and the Windows operating system required.Terms Offered: Fall, Spring, SummerOffered Distance Learning: YesCredits: 3Contact Hours:Lecture: 3
Power Pivot, formerly known as PowerPivot (without spacing), is a feature of Microsoft Excel, a computer software spreadsheet. It is available as an add-in in Excel 2010, 2013 in separate downloads, and as an add-in included with the Excel 2016 program. Power Pivot extends a local instance of Microsoft Analysis Services tabular that is embedded directly into an Excel Workbook. This allows a user to build a ROLAP model in Power Pivot, and use pivot tables to explore the model once it is built. This allows Excel to act as a self-service business intelligence (BI) platform, implementing professional expression languages to query the model and calculate advanced measures.
Prior to the release of Power Pivot, Microsoft relied heavily on SQL Server Analysis Services as the engine for its Business Intelligence suite. Power Pivot complements the SQL Server core business intelligence components under the vision of one Business Intelligence Semantic Model (BISM), which aims to integrate on-disk multidimensional analytics previously known as Unified Dimensional Model (UDM), with a more flexible, in-memory "tabular" model.
As a self-service business intelligence product, Power Pivot is intended to allow users with no specialized business intelligence or analytics training to develop data models and calculations, sharing them either directly or through SharePoint document libraries.
For young businesses, particularly startups, there is generally no such thing like office hours. Working on-the-go requires them to collaborate anywhere, anytime and on any device. And there are quite a few business productivity apps that seek to make everything seamless. However, there is hardly any tool that offers the power-packed mix of business intelligence, collaboration and mobility to give business process and productivity a whole new meaning in a world led by mobile and cloud technology. Office 2016, launched in September by Microsoft (MS) Office, brings in that mix.
Globally, 1.2 billion people use MS Office business productivity apps, including Word, Excel, PowerPoint and OneNote. However, there is always a question on its collaborative practices for teams to work together in real time, whether it is about students working on different college projects, professionals working on spreadsheets or entrepreneurs finalising their business plans. Collaboration, hence, is fundamental to the new Office 2016 that helps people team up like never before. No doubt, Office 2016 is Microsoft's most intuitive set of office applications by far.
What differentiates Office 2016 from its predecessors is that it offers a set of tools that help businesses perform a consistent and effective teamwork anytime by integrating into it day-to-day discussions and interactions whether among teams or just two people. Real time co-authoring, which Office had in its online version since 2013, is now available in its native apps.
"For start-ups, who do multiple tasks simultaneously: creating a business plan, presentations for investors, sharing documents and information, etc, all these activities can be done in a collaborative manner now with Office 2016," further says Bryson.
Developing a correlation between increased productivity with minimum resources and time is always complicated for businesses. Office 2016 has incorporated innovative changes in its apps that allow you to work in a simpler, quicker and better way. Features like Tell Me points users to a particular tool which otherwise seem tough to locate in Excel or Word. Smart Lookup brings information from the web pertaining to the selected text in the document on the same screen.
Moreover, there is an integrated publishing support to Microsoft business intelligence software programme Power BI and enhanced chart templates for users in Excel 2016 that make data much more comprehensible and attractive. Office 2016 is available across Windows, Android and iOS platforms.
Data analytics: Customer insights and business intelligence have to be central to your growth strategy. Make sure that you understand what your customers want by reading and analysing their data. Sairee Chahal, Founder, SHEROES, a career platform for women, discussed what's driving women in business, while speaking at the launch of Office 2016. 2b1af7f3a8