6 Reasons To Ditch The Excel Spreadsheet (Content Princess – SEO)

Hailing from the mid-1980’s, Excel has had its heydays. Now it’s time to shut down and put the spreadsheet to rest.

Managing contacts effectively is an essential part of running your company well. These days there is much more information to one contact than simply a name and address. One client alone may have an email, a cell phone number, a landline number, a website, and multiple social media pages.

A survey by Daptiv showed that 76% of IT companies still rely on spreadsheets. It also showed that spreadsheets are only useful for smaller amounts of data.

Excel was great at its peak. We’ve learned from it. Here are 6 reasons why it’s time to ditch the outdated software known as an Excel spreadsheet.

  1. It’s Not Secure

As per Forrester Research, almost 81% of businesses make use of Excel spreadsheets for data management. Excel doesn’t track users and is, therefore, open to being misused. Someone can easily log-in, incognito, and change or send data. An opportunist can easily commit a fraud.

  1. Outdated for Millennials

Chris Pope, senior director of strategy at technology services company ServiceNow, says that Millennials, who have grown up online, lack the knowledge of programmes such as Excel and are discombobulated by spreadsheet software.

This generation is used to doing work quickly, at the touch of a finger. Their usage of spreadsheets is going down year on year.

  1. Doesn’t work well on mobile devices

The spreadsheet was designed when work done with old fashioned pen and paper was instead to be done on a PC. Now, the PCs are looking old fashioned as more of our business and online work is done on tablets and cell phones.

Have you ever looked at spreadsheet data on your phone and thought “hey, this is easy to read!” Yep, thought not.

  1. Error ErrorError

A 2013 Market Watch reports claims that up to 88% of spreadsheets have errors. That’s a huge percentage of potentially incorrect contact data.

Why is this? Well, it could be down to the fact most spreadsheets have their data entered by humans. And, yep, we get stuff wrong sometimes.

The best example that shows the impact of Excel errors is the one of JPMorgan Chase, where it lost a whopping 6 billion dollars due to spreadsheet errors in the London Whale incident.

  1. Not web-based

How did we get to number 5 before bringing this one up?

When information is put into a spreadsheet, that data is stored on the computer’s hard drive and then separately sent to other people who need that information. If they update their spreadsheet, the data changes. The Barclays bank incurred losses in an acquisition deal, just because around 200 cells in their offer details in the worksheet weren’t deleted but rather hidden! Also, duplication of an Excel file can create havoc for business.

Cloud based systems work more efficiently. Up-to-date information can be shared, merged and synced instantly by anyone and with anyone. Employees prefer this. According to a survey, 25% of employees have left a job because they didn’t feel included in some aspects of the business.

  1. It’s time to move forward folks!

It is 2017 now, didn’t you know? It’s time to steam ahead. You are losing a lot of employee potential by making them work tediously on Excel spreadsheets. It is necessary to choose the right solution to make the most of the employee capabilities & efforts and avoid wastage of your organization’s time and resources.

So, ditch Excel and rise to glory!

Keywords/LSI

spreadsheet, operating system, spreadsheet software, contact management system, Excel spreadsheets, Cloud based systems, spreadsheet errors, spreadsheet data

References

https://www.inc.com/guides/protect-against-fraud.html

http://www.marketwatch.com/story/88-of-spreadsheets-have-errors-2013-04-17

http://time.com/3844483/millennials-secrets/

https://www.fullcontact.com/

https://www.forbes.com/sites/bernardmarr/2016/06/16/spreadsheet-reporting-5-reasons-why-it-is-bad-for-business/#517dac3565e3

http://insights.wired.com/profiles/blogs/what-s-so-bad-about-spreadsheets#axzz4edjrxF5B

http://www.zdnet.com/article/forrester-google-still-a-distant-office-competitor/

https://www.forbes.com/sites/salesforce/2014/09/13/sorry-spreadsheet-errors/#647d3cc056ab

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Nokia and Telecom Italia Partner Again- Review (Content Princess)

I have done lots of product reviews in my time, so I understand if you may be confused about seeing a partnership between two companies and how it relates to a review.

Normally, it is only products that I review, but today is a little bit different. Today, I am reviewing the joining of forces by two telecommunications giants in the industry.

Who Got Together

This partnership is one of the first of its kind. Nokia Networks and Telecom Italia announced recently that they would be partnering for two years in a venture like no one has ever seen.

This is big news in the world of telecommunications, an area that is rapidly changing and advancing with regards to technology.

A Long History

Although this particular partnership is the first of its kind, it is not the first collaboration between the two. Nokia and Telecom Italia have been working together for quite a while now.

The infrastructure giant and Italy’s leading information and communications Technology Company have collaborated on several projects over the last 20 years. This new collaboration is different from anything that either company has done before.

What The Duo is Doing

The plan for this agreement, brought about via a Memorandum of Understanding, is to seek out start-ups, a section of technology which has grown to massive proportions.

The pair will analyse start-ups that are dealing with technologies of interest, further analyse the ones that have the most realistic chance of success, finally investing in those start-ups and their technologies.

My Assessment

Having a start-up company and making it grow into a successful business is a tough job, especially in the technology sector, where competition is as plentiful as it is fierce.

Start-ups that develop new technologies need to be able to scale quickly, along with finding trustworthy partners and investors. Otherwise, their hard work will only be stolen, duplicated, and brought to market by a company who is already an established force in the industry.

The partnership between Nokia and Telecom Italia will provide a benefit on both sides.

Benefits for the Partners

For the Giants, they will gain a share of new technologies of interest, thus continuing to grow their companies. The pair will continue to bring innovation to telecommunications.

Nokia has been an industry leader in infrastructure and pioneered several technologies used today, such as LTE. They continue to develop and perfect the future, 5g.

Benefits for the Start-Ups

Again, start-ups that have great ideas and technologies that have true potential face many challenges, such as getting their ideas turned into reality and on the market, patented before getting crushed by larger competitors.

Should these start-ups be noticed by the tech giants who have banded together again, they will receive one of the things they lack the most, which being funding to develop further and perfect their technologies.

The start-ups will get the recognition they deserve for their innovation, receive the necessary investments, and ultimately grow into successful companies or be incorporated into the two major partners, guaranteeing success for life.

Conclusion

Overall, this partnership between Nokia and Telecom Italia provides benefits all around, not only for the companies and start-ups involved but the customers who will eventually make use of them.

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