#228 Are Spreadsheets Still Relevant For Data Analysis? with Jordan Goldmeier, Author of Data Smart
DataFramed
The Enduring Relevance of Excel for Data Analysis
Excel continues to be widely used in data analysis despite the availability of other tools. Its widespread usage and improvements have made it a staple tool in various industries, even though alternatives may exist. The significance of Excel lies in its practicality and mass adoption, similar to how the TI-83 calculator is prevalent despite potential better options. In the realm of data analysis, Excel remains a fundamental tool, especially in fields like banking where it underpins critical functions, showcasing that utility often outweighs perceived limitations. While criticisms exist, the reality is that Excel plays a crucial role in data analysis and is deeply ingrained in many sectors, making it indispensable for analysts, including data scientists.
