Tag Archives: business intelligence

Business Intelligence, Excel

5 Underutilized Excel Features To Take Advantage Of

Let’s get straight to the point, because frankly who wants to waste any more time finagling your data and reports? The following are the top 5 Excel features I use on a constant basis to get the most out of my data.

For reference, you can download the example workbook I used in this post: Top5ExcelFeatures.xlsx

#5 – What-If Analysis

WhatIfAnalysis

I actually only started using this one recently, but it’s quickly become a favorite. I’m particularly fond of the Scenario Manager function. What-If Analysis is comprised of three pieces: Scenarios, Goal Seek, and Data Tables. 

Scenarios has the ability to define a scenario that is associated with a particular set of cell values. You can define new scenarios that are tied to different cell values. When a new scenario is loaded, all of the values update. This is great for flipping between Best Case and Worst Case views of a worksheet.

WhatIfAnalysis2

The other two pieces are Goal Seek and DataTables. In Goal Seek, Excel automatically computes and finds a calculated value based on the value of another cell, such as finding an interest rate based on a monthly payment. Data Tables allows you to hook up entire tables of values based on up to two variables.

#4 – Sparklines

Sparklines

These mini-charts were released in Excel 2010 and they provide a quick way to Continue reading 5 Underutilized Excel Features To Take Advantage Of →

Big Data, Business Intelligence, Enterprise Software, Excel, IT, Mobile

2013 Business Intelligence Trends

Credit: e-bcorp.com

A few weeks ago we posed the question of whether or not Excel had the staying power to be the next great Business Intelligence tool. An overwhelming percentage of readers said yes. This week we decided to delve further into what else is on the horizon for the Business Intelligence arena.

Each year experts and industry leaders make their predictions on what lies ahead on the Business Intelligence landscape. We’ve distilled those predictions down to ones that appeared several times over. Looking at TechTarget, InformationWeek, Forrester, and Tableau Software, we scoped out the top Business Intelligence (BI) trends for 2013 and this is what we discovered.

  1. Cloud BI – The cloud isn’t going anywhere. It still has a lot of attention, despite the reliability, performance, availability, and privacy concerns from your IT department. The cloud’s ability to adjust to larger and larger data sets and petabytes of information makes it attractive for the Business Intelligence arena. TechTarget doubts moving infrastructure to the cloud will become mainstream in 2013, but that it is definitely destined and headed in that direction.
  2. Big Data – Big Data still gets big talk. Forrester predicts a rise in Hadoop-based BI applications, particularly within the mission-critical applications. Along those same lines, Forrester sees Big Data moving out of silos and into enterprise IT. They see enterprise IT becoming more involved with enterprise BI in order to save on the costs it takes to manage Big Data.
  3. Self-Service BI – We’re seeing it with the addition of Powerview to Excel, the desire for people to be in charge of their own data with less of a reliance on IT support to pull information and make business decisions. Forrester cited: Continue reading 2013 Business Intelligence Trends →

Business Intelligence, Enterprise Software, Excel, IT

Is Microsoft Excel the Next Great Business Intelligence Tool?

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Credit: http://www.pbi2.com/images/img_businessIntel.jpgWith Microsoft’s release of Office 2013, now fully equipped with features such as PowerPivot and PowerView, news outlets and blogs are abuzz speculating this is a push to make Excel the next Business Intelligence (BI) tool. Software Advice sat down with Rob Collie, CTO of PivotStream and one of the founding engineers of PowerPivot, to get his perspective on how the new Excel will affect Business Intelligence and Excel professionals.

[Read the full interview here.]

Takeaways from the interview:

1. More adoption of PowerPivot in the Excel community. PowerPivot has yet to receive a lot of attention among the Excel audience. 

“Unlike programmers, BI specialists, and other IT pros, the Excel audience doesn’t congregate at conferences and they don’t closely monitor what Microsoft is saying about the next version of their toolset. Overwhelmingly, the way they learn about new Excel capabilities is by inspecting the latest version once it lands on their desktop.”

All of that is about to change now that Office 2013 has more tightly integrated PowerPivot into Excel. Originally a separate download, PowerPivot is now part of the original package upon purchase.

2. The PowerPivot community is growing.

“Using PowerPivotPro traffic as a guide, I’ve seen the PowerPivot audience double in size every year since 2009. But I’d still estimate that less than one percent of the eventual PowerPivot target audience has been exposed to the product as of today.”

3. All Office users now data analysts? Continue reading Is Microsoft Excel the Next Great Business Intelligence Tool? →

Business Intelligence, OfficeWriter, Reviews, SharePoint, SQL Server, SSRS

Jason Thomas Reviews OfficeWriter’s SSRS Integration

The following is a review of OfficeWriter written by Jason Thomas, a BI consultant specializing in SSRS.  Read the full review here.

“As a BI consultant specializing in SSRS, I have had lots of frustrations and hard times because of Excel. Every now and then, I have some or other business user coming up to me and asking for some feature which is there in Excel but not in SSRS. If you have been following my blog, you would already know that I am more of a work-around man, trying to find some alternative for features which are not supported out of the box. But when it comes to Excel related features, most of my attempts end in disappointment. So naturally, my ears perked up when I was asked to review a plugin which claimed to build SSRS reports using Excel and Word.

So I downloaded OfficeWriter v8 and spent close to a week playing around with it. Even though I encountered some minor quirks (v8.0 doesn’t run on the 64 bit version of Office 2010 yet – luckily I had a home pc with a 32 bit version of Office; got some minor issues when editing and deploying an existing SSRS report with shared data sources – got around it by setting the data sources once again from the report manager), overall I have been very pleased and of course, excited at the different prospects that this plugin opens up.”

[Click here to read the full review]

SharePoint

NEUGS Part 1: Welcome to the SharePoint Jungle

Before I came to SoftArtisans, I’d never heard of SharePoint. (You can gasp here or save it for later in the post.) As is my wont, I began using it without ever reading any documentation or general how-it-works-for-essentially-tech-illiterate-fools-type information. Which, in terms of doing most of what I need to do (uploading docs to libraries and writing blog posts on my My Site), is not the worst strategy, but it left a lot of gaps. So, with Ben’s encouragement, I recently began a comprehensive SharePoint-for-the-End-User curriculum. And, to my surprise and chagrin, found that there really isn’t one. Don’t get me wrong, End User SharePoint is an amazing resource—but I’d say it’s more tailored to post-bacs. Microsoft used to have a series of training videos, but they seem to be down at the moment, and their getting started articles are pretty skimpy early on and fragmented after the ABCs. So, like any great innovator (if you’ve been holding in that gasp, you can let it out now), I decided to create my own guide. Welcome to part one of many: What SharePoint does for me and which of its parts I will use. Continue reading NEUGS Part 1: Welcome to the SharePoint Jungle →