Business around the globe work on numbers and data and usually the data source could be one or many. Sometimes businesses and the clients themselves are overwhelmed to see their data points and the sources are unable to decide which ones are important and which may be omitted. These data points serve as a great reference to make robust business decisions hence making it all the more challenging for the leadership. The best way is to have the right kind of tools which will be able to tell a story from this data to the decision makers. So analysts have two options. They either play with these numbers on the available tool which is Excel or may need an advance tool like the Tableau. Both these tools have their own advantages which are:
* Flexibility of making charts Excel gives you the flexibility to represent your data on charts and so does Tableau. The difference comes when these charts need to be modified or when data range changes. Where Excel sometimes may require you to start from the scratch, Tableau gives you the freedom to quickly add data, modify any calculations and change the final output immediately. In this tool it becomes easy to see the changes as one progress and see how the data is coming out thereby giving a new dimension to the analysis.
* Enormous data Excel gives you around one million rows to enter data. Additionally, if large amount of data is entered in an Excel sheet then sometimes its response time will get reduced. Tableau on the other hand has been designed to accommodate data without any limitations and to run smoothly to give the output.
* Creating dashboards Excel is used for creating dashboard and publishing the numbers and yes it is a tedious task creating one on Excel. Tableau can also be used to create dashboard and lets one see the results on one page itself. You can easily provide drop downs, view different parameters and navigate easily on the same page. Questions raised can be drilled down to last level of data which provide clarity.
So if your client is at a very niche stage, requiring analysis of the data provided by them to see how it is interacting and integrating then Excel serves your purpose however, if your client is moving deeper into the analysis and is providing you with different data from different resources then it is time to move the reports and output to Tableau. To master Excel and also have your employees trained.