MS-EXCEL is a part of the Microsoft Office suite of software. It is an electronic spreadsheet with a number of rows and columns, used to organize data, graphically represent the data(s), and perform various calculations. It consists of 1048576 rows and 16384 columns in Excel 2007 and later versions, a row and a column together make up a cell. Each cell has an address defined by a column name and row number eg A1, D2, etc. It is also known as cell reference.
Microsoft Excel enables users to format, organize, and calculate data in a spreadsheet. By organizing data using software such as Excel, data analysts and other users can make it easier to view information as data is added or changed. Excel consists of a large number of boxes called cells that are arranged in rows and columns.
Excel is used to store, analyze and report large amounts of data. It is often used by accounting teams for financial analysis but can be used by any professional to manage long and uncertain datasets. Examples of Excel applications include balance sheets, budgets, or editorial calendars.
Excel is most commonly used in business settings. For example, it is used in business analysis, human resource management, operations management and performance reporting. Excel uses a large collection of formatted cells to organize and manipulate data and solve mathematical functions.
How many businesses use Excel? In 2019, market research shows that approximately 54% of businesses use Excel—and this doesn't include other spreadsheet applications. Worldwide, more than 2 billion people use spreadsheet technologies such as Excel and Google Sheets.
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