PowerPivot is still technically an add-in, and not new to Excel, but it's a great tool to use to bring data into Excel. It’s great for presenting sales growth to the board or your team. What's more, if you set this against a particular period of time the chart will allow you to record a simulation video showing the change in values over that period. The chart will give you a map of the world with bars or columns in the locations that have fields attached. Obviously you need locational data to use this type of chart and you can then add other fields to build your picture. a company sales report where the company operates with a global client base). This chart is perfect for analyzing data with a global span (e.g. Perhaps the most impressive looking of all the new visualizations in Excel 2016, the 3D data map was actually an add-in for the 2013 version but is now a fully integrated option. They show your opening balance, the progression through the various stages of trading and then stop at your closing balance. Waterfall charts are great for showing movement from an opening position to a closing position and are therefore ideal for plotting financial data, such as cash flow over a period of time. Sunburst charts allow you to go to dozens of levels so you can really drill down into your data. The final level shows the products bought by each customer. The next level will be the customers and the total amount they have spent with their respective salesperson. The chart will plot the sales people at the highest level and size their sections by the sales they have made. A good use for sunburst charts would be to analyze sales of a company and break it down by salesperson, customers and products purchased. Pareto charts go one step further by sorting these frequencies and adding a cumulative percentage line to give you a trend through the data. If you want to alter this to show categories you can do that. They're not based on categories but on values that are allocated into different bins. how much of one product has sold against another). You know when you’re waiting for the bus, you get none for ages and then loads come along at once-that’s the case with Excel 2016, which unveils six new chart types, each with their own specialist uses. The people at Microsoft claim that Excel has not seen the addition of a new chart type since the 1997 edition. I think you’ll find it’s much more manageable. If you want to delve deeper you simply use the + option next to the date segment to expand the next level of grouping. Now dates are automatically grouped into Years, Quarters and Months. Previously, Excel PivotTables would always register dates individually-your charts would have hundreds of fields along the date axis. Just search for the field you're looking for and it pops up for you to select. PivotTables have been revitalized with a search bar that makes life easier when dealing with large data sets with numerous fields. If you make changes to the data these will not automatically be reflected in the chart. Pretty smart! Once you've made your forecast you'll be able to display it as either a line or bar graph, but be aware that the data used to create your graph of choice will not link to the chart. What's also great about the forecasting function is that if Excel can see trends due to seasonality, it will factor them into the forecast. As long as you have a decent amount of data it will be able to forecast past your last data point, as well as show levels of confidence at each end of the spectrum. ForecastingĮxcel 2016 has seen the addition of “one-click” statistical forecasting for data that has a time element associated with it. It’s a handy shortcut to get you where you want to go! There's also smart look-up which will use the internet to search relevant articles for your search term. (Remember how hard it was to find our favorite tools?) The “tell me” box is essentially a search function that lists functions and operations matching your search terms. The "tell me" box is one of the most obvious new arrivals to the Excel party and, quite frankly, it's a shame it wasn't around in the 2007 edition when the menu ribbon was initially reduced. Now what? Are there any new features? The answer is yes, especially if you need business intelligence tools and new ways to present your data.ĭon’t miss out on new Excel 2016 features. If your organization has upgraded to Office 2016 or Office 365, you now have access to Excel 2016.
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