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What Are the Top 10 Microsoft Excel 2016 New Features?
As one of the core applications of Microsoft Office, Excel is already packed with incredible features. The latest version, Excel 2016, adds new capabilities from databases to the handwriting tools. Let’s take a closer look at these new features in Excel 2016.
1. New chart types in Excel
The ability to visualize data using an Excel chart has always been a valuable and powerful capability. There are six new charts in Excel that show your work. New chart types include Waterfall, Treemap, Pareto, Histogram, Box and Whisker, and Sunburst.
Pareto sorts the bands as highest first and shows which bands have the highest impact or highest return. Use this chart data to decide where to allocate your resources.
A Waterfall (aka “flying brick” chart) provides a visual way to look at positive and negative data, such as monthly cash flows or stock prices. Since the bars seem to float between the start and end columns, it looks like a waterfall, hence the name. The Waterfall chart is one of the most interesting and visual new features in Excel 2016.
2. Major database improvements
Excel 2016 now comes with built-in functionality that makes data transformations and queries easier. These new database enhancements, which include the integration of some previous add-ins like Power Pivot and Power Query, more than justify the upgrade. Find them in the Get and Convert group on the Data tab.
3. Rapid analysis tools
Quick analysis tools save time and help you move in the right direction with your data. After filling out the spreadsheet or table, select the entire range. Look for the flash worksheet icon in the lower-right corner of the range: click on that icon and a pop-up menu will appear with half a dozen options for what to do with that data.
In Excel 2016, business analytics is now easier and faster with streamlined data analysis, new forecasting capabilities, and new built-in functions for data acquisition and transformation. Excel 2016 is also consciously compatible with Power BI, a new tool for visualizing data and creating interactive reports.
4. Easier collaboration and sharing
Collaboration is increasingly integrated into Office 2016. Select Share on the ribbon to share your workbook with others in SharePoint, OneDrive, or another online location.
For files stored in OneDrive for Business or SharePoint, you can go to File > History to see a complete list of changes made to the workbook and even access previous versions.
5. 3D / Power Maps
Excel’s popular 3D geospatial visualization tool, Power Map, has been renamed and is now built into Excel 2016. With these tools, you can create a visual story from your data, such as comparing data such as temperatures, precipitation, or populations. of a given area for a specified period of time, rendered as three-dimensional images. You can find these tools by clicking the Add 3D Map tab.
6. PivotTable improvements
PivotTables in Excel are a flexible and powerful way to analyze data, and they’re even better with these new features in Excel 2016.
- Automatic relationship detection which discovers and creates relationships between tables used for data models in your workbook.
- Automatic time grouping helps you use time-related fields like year, quarter, month by automatically identifying and grouping them on your behalf. Although temporal grouping is available in earlier versions, it is now automatic and much easier in Excel 2016.
- Search options in a PivotTable the field list helps you get to the fields most important to you throughout your dataset.
7. Graphical improvements
Formatted quick shapes, such as colored squares with rounded edges, are available in Word and PowerPoint for multiple versions. Finally, Excel 2016 features new shape options with preset styles that help you quickly and easily add nicely formatted shapes to your workbooks.
The new Excel 2016 templates include sample data and charts, as well as hands-on exercises that teach you how to use each template.
8. Ink equations
Want to add a math equation to a worksheet? With the new Ink Equation feature, you can convert your handwritten equations (or math problems) into text so you can insert them into your documents. You can use any tool you like – a mouse, a digital or light pen, or even your fingers – to write mathematical equations.
9. Tell me
After the last tab, look on the right side of the Excel 2016 ribbon menu to see the “Tell me what you want to do” text box with a light bulb. Just type in words and phrases related to the steps you want to take next and quickly get the features or actions you want to use. You can also select from recently used searches and use this option to find other help options.
10. Smart search
The Smart Search feature, available in most Office 2016 programs, gives you access to quick searches from within Excel 2016. Bing calls “Insights” information from various resources such as Wikipedia, Oxford Dictionary, Bing Image Search and Bing Snapshot.
Simply place your cursor over any word or highlight a phrase in your spreadsheet and right-click. Next, select Smart Search from the drop-down list. The “Insights” panel opens and displays information and images about the highlighted object.
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