Discover how to maximize your productivity and master Excel to use advanced functions.
Excel is a fundamental tool in the field of management data and analysisused in a wide variety of contexts, from everyday tasks to complex business projects. Although many people see Excel simply as a spreadsheet for storing data, this tool is capable of performing advanced calculations and solving complex problems thanks to its ability to handle large volumes of information and apply sophisticated formulas.
However, mastering Excel can be intimidating due to the vast number of formulas and functions available. Fortunately, the advancement of artificial intelligence (AI) has made Excel easier to use, allowing users to perform complex tasks more intuitively. Built-in and third-party AI tools are designed to simplify Excel use and boost its functionality, making it possible for even novice users to get the most out of this powerful tool.
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How to use AI to handle Excel like a pro
Best AI Tools to Become an Excel Power User
AI tools built into Excel
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Data analysis: Previously known as “Ideas,” this tool uses AI to offer suggestions on data visualization, trend analysis, and patterns. It allows you to ask questions in natural language and receive answers with visual summaries, patterns, and trends. It is available to all Microsoft 365 users and helps filter relevant information for more effective analysis.
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Linked data types: Excel can link data entries to external sources to automatically retrieve updated information. This capability reduces manual data entry time and ensures that information remains accurate and up-to-date.
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Insert data from an image: This feature converts images into editable data, eliminating the need to manually enter information and reducing errors by avoiding incorrect transcription.
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Dynamic matrices: Allows you to use advanced formulas without the need to manually copy and paste. Dynamic arrays automatically adjust the cell range based on the data entered and offer new features for sorting, filtering, and classifying data.
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AI External Add-ins for Excel
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Excelformulabot: This add-in converts texts into formulas and explains complex formulas in simple language. It uses GPT-3 AI technology and is useful for users who need to simplify the use of advanced formulas.
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Ajelix: Allows you to write and explain formulas intuitively, collaborate on spreadsheets, and translate files into different languages. It offers a free version for personal use and paid versions for teams.
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PowerExcel.ai: Automatically generate queries for data preparation, with free and paid versions that simplify repetitive tasks and automate processes in Excel.
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Lumelixr: Generates natural language formulas and helps resolve errors quickly. Offers a 7-day free trial and is ideal for users looking for quick and easy answers.
These AI tools not only make Excel easier to use, but also increase the accuracy and efficiency of data manipulation, allowing users to perform deeper analysis and make decisions based on more accurate information.
Source: Ambito
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