RE: What is the use of PowerPivot in Excel?
PowerPivot for Excel is a powerful data analysis tool that allows users to combine and compare large amounts of data from various sources. Here is a summary of some of its primary uses and advantages: 1. **Handling Large Data Sets:** Excel sheets have limitations in terms of data rows it can handle but PowerPivot can handle nearly millions of rows, providing a broader perspective for analysis. 2. **Data Integration:** PowerPivot allows you to import and integrate data from several sources (SQL, Access, Excel, text files, databases, etc.) into a single Excel workbook. 3. **Data Modelling:** It enables users to manipulate the imported data as per their needs. PowerPivot lets you create relationships between heterogeneous data, calculate columns, and add tables from various sources. 4. **Advanced Calculations and Analysis:** PowerPivot is equipped with DAX (Data Analysis Expressions), which is a collection of functions and operators used to build formulas that define custom calculations in PowerPivot. This lets you create complex calculations and sophisticated data models. 5. **Creating OLAP cubes:** Online Analytical Processing (OLAP) cubes can be created for sophisticated data modeling and analysis. These cubes can summarize data into an easily understandable format. 6. **Improved Performance:** PowerPivot stores data in columnar databases, which results in faster data processing and reduced loading time. 7. **Pivot Tables and Charts:** In Excel, using PowerPivot data, you can create PivotTables and PivotCharts which enable easy data visualization and analysis. Overall, PowerPivot extends the capabilities of Excel, making it an even more powerful tool for business data analysis. This is a critical tool for data scientists, data analysts, business intelligence professionals or anyone who needs to make sense out of large datasets. If you're looking to use PowerPivot, you'll find it in Excel 2010 or later versions, under the "Add-Ins" list. However, do note that you must have Professional, Professional Plus, or standalone version of Excel to enjoy PowerPivot capabilities. If you are going to use this tool frequently, it might be worth taking a course or reading up on the capabilities and functions of DAX to get the most out of the tool. Beyond the basic functionality, the use of PowerPivot can be extended further with the use of Power Query for data extraction and transformation, and Power View and Power Map for data visualization purposes. Thus, making Microsoft Excel a full-fledged Business Intelligence tool.