Why Excel Users Should Learn Python

Latest update: November 16, 2018

Microsoft Excel has been around for over 30 years now, and chances are it’s not going to change in the foreseeable future. In fact, Excel is facing immense competition from challengers such as Google Spreadsheets and well-funded start-ups like Airtable, which are both going after Excel’s massive user base of approximately 500 million worldwide. Tech-savvy small and mid-sized businesses embrace innovative alternatives to Excel. However, making a dent in the large enterprise space is a whole different ballgame. It’s nearly impossible to rip and replace Excel along with Office 365 and the massive underlying infrastructure, which is serving ever-growing workloads. Not that it can’t happen, but it might take decades.

The world runs on Excel, whether we like it or not

I recently spoke to a large consultancy which serves an enterprise with revenues north of 100 billion USD annually: “They run entirely on Excel.” as one of the consultancy’s top executive jovially confessed. This is not an exception. Let’s take as an example a bank holding trillions of USD assets: How do they manage their credit risks? The chances are that their thousands of risk managers are holding one of the most valuable

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