With over 750 million users worldwide, Microsoft Excel is the traditional tool of choice for presenting and analysing data.
For Electrical Business Intelligence BI, you generally have one of two choices when it comes to choosing a software platform. You can choose to use proprietary software that is trademarked and likely requires you to obtain or purchase an ongoing license, or you can use an excel platform software, which is an easy-to-use software that you can download and pay NO ongoing licensing maintenance fees for each computer you use. Advantages and disadvantages exist to using both.
Proprietary Electrical Estimating Software gives you digital storage, and easy reproduction of the final result to their format…
Proprietary electrical estimating software products are not usually as adaptable to the constantly changing needs of the business owner. The complicated coding of proprietary software often makes it difficult to adapt to changes in the marketplace.
Expense is one of the major drawbacks of a proprietary-software package. Because the software company needs to sell its product to survive, it will generally charge ongoing licensing fees to the company that needs to utilize its product. Depending upon the nature of the software, this licensing fee can be fairly expensive, especially in comparison to excel software. If any fees are required for excel software, they are usually required for the software itself, but not necessarily for ongoing licensing maintenance.
Excel Electrical Estimating Software, however, tends to be much quicker to adapt to today’s rapidly changing environment and often provides the business owner with more flexibility to adapt it to his own situation.
For businesses to take full advantage and embrace and realize the power of their data, it needs to be accessible and up to date and available in Electrical Business Intelligence tools to allow decision makers to undertake analysis and make informed decisions.
These Electrical Business Analysis Tools were once only available to large corporations (due to their cost and complexity). With Microsoft Excel being practically available on most computers within today’s modern businesses, its data analysis and data manipulation capabilities, combined with its relative ease of use, makes it a strong business intelligence tool that is now available to the masses.
“Business Intelligence solutions are now readily available to small and medium size enterprises (SME’s) allowing them to gain valuable insights that were once only undertaken by large corporations that could afford such workflows and processes.”
Brian Krisanski – Founder of ExcelSuperSite.com from Queensland Australia
Brian also writes “I see this trend here to stay and continue to grow as more and more SME’s start to self-manage their business intelligence needs and take full advantage of the power of the data they have at their fingertips.”
My advice to anyone looking at building business intelligence systems today and considering switching to a competitor’s product: find a business intelligence expert who REALLY uses Excel. Ask them what can be done. Chances are you already own the software that will do it all, you’re just not aware of how.
“I personally see Excel as THE future of Business Intelligence workflows.”
Ken Puls – excelguri.ca
No matter how many systems a company has, how big they are, or how many millions of dollars have been spent on them, the reality is that the majority of data is exported to Excel before decisions of serious consequence are made. I’d go so far as to say that there are only a handful of finance departments in the world who don’t run their critical decision making analysis through Excel.
“Excel continues to be the #1 platform when it comes to analysing data, finding information, preparing charts and presenting them to decision makers. In that sense, I see Excel playing a strong role in BI workflows in future.”
Purna Duggirala – chandoo.org
Over the last decade or so, corporate managers, eager to turn impossible amounts of data into useful information, drove the BI industry to innovate new ways of synthesizing data into meaningful insights. During this period, organizations spent time and resources to implement big enterprise reporting systems to help keep up with the hunger for data analytics and dashboards.
At the same time, business analysts were quietly using Excel to fulfil the hunger of the BI revolution. Whether IT managers were keen to acknowledge it or not, most of the data analysis and reporting done was still being done using Excel.
The Inconvenient Truth About Excel Electrical Estimating Software is:
“The killer for Excel today is not the fact that it isn’t the best out there for building business intelligence, it is the fact that far too many users are ignorant of the vast amount of capability that was added in the last five years.
The attitude of “Excel can’t do that” is still pervasive and relied upon by its competitors to sell THEIR products.”
The ESTILEC Advanced Electrical Estimating Software Network System is now more powerful than ever and “not just an excel spreadsheet”.
Is an easy-to-use advanced electrical estimating software network system with fast time-saving flexible processes, quicker to adapt to today’s rapidly changing environment and often provides the business owner with more flexibility to adapt it to his own situation.
Inside this Powerful ESTILEC Advanced Electrical Estimating Software Network System are integrated links with uploaded and populated material items with associated labour units and includes:
- LABOUR COST AND SELL RATES NETWORKED LINKED CALCULATOR
- FOR MATERIAL AND LABOUR AS WELL AS THE LABOUR EFFICIENCY RATE SUMMARY QUOTATION ADJUSTMENT SHEET (NETWORKED LINKED) ADJUSTING COST RATE MARKUPS
- MATERIAL LIBRARY NETWORKED LINKED CAPABLE OF BEING EXPORTED AND IMPORTED
- SECOND MATERIAL NETWORKED LINKED LIBRARY FOR SPECIALISED PROJECT PRICING CAPABLE OF BEING EXPORTED AND IMPORTED
- OVER THIRTY MANAGEABLE CATEGORIES OF PROVEN LABOUR UNITS LIBRARY LINKED WITHIN THE SOFTWARE NETWORK SYSTEM
- ONE LOCATION TOTAL SYSTEM NAVIGATION LINKS PAGE WITH QUICK SEARCH CAPABILITY
- A SERIES OF CATEGORISED POPULATED TAKE-OFF CALCULATION PAGES NETWORKED LINK
- WORD DOCUMENT (NETWORKED LINKED) SUPPLIER REQUEST FOR QUOTATION TEMPLATES
- WORD DOCUMENT (NETWORKED LINKED) CUSTOMER TENDER LETTER TEMPLATE
- EXCEL DOCUMENT (NETWORKED LINKED) PROJECT LABOUR UNITS CONTROL SYSTEM
- AND A LOT MORE
To find out more click the link below:
ESTILEC Advanced Electrical Estimating Software Network System