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What Are the Top 10 Microsoft Excel 2016 New Features?
As one of the main applications in Microsoft Office, Excel is already packed with incredible features. The latest version, Excel 2016, adds new capabilities from databases to handwriting tools. Let’s take a closer look at these new Excel 2016 features.
1. New Table Types in Excel
The ability to visualize data with an Excel chart has always been a valuable and powerful skill. Excel has six new charts to show your work. New fonts include Waterfall, Treemap, Pareto, Histogram, Box and Whisker, and Sunburst.
Pareto sorts the bars by highest first and shows which bars have the biggest impact or highest performance. Use this chart data to decide where to allocate your resources.
A waterfall (aka “flying brick” chart) provides a visual method for viewing a series of positive and negative data, such as monthly cash flows or stock prices. Because the bars seem to float between the beginning and end columns, it looks like a waterfall, hence the name. The Waterfall chart is one of the more interesting and visual new features of Excel 2016.
2. Major Database Improvements
Excel 2016 now comes with built-in functionality that makes it easy to transform and query your data. These new database improvements, which include merging some of the previous plug-ins like Power Pivot and Power Query, more than justify the upgrade. Find them from the Get & Transform group on the Data tab.
3. Rapid Analysis Tools
Quick analysis tools are a real time saver, helping to move you in the right direction with your data. Once you have completed your spreadsheet or table, select the entire range. Look for the flashing worksheet icon at the bottom right corner of the range: Click this icon, and a pop-up menu appears that shows a half-dozen options for what to do with this data.
In Excel 2016, business analysis is now easier and faster, with simplified data analysis, new predictive capabilities, and new built-in functionality for acquiring and transforming data. Excel 2016 is also intentionally compatible with Power BI, a new tool for visualizing data and creating interactive reports.
4. Easier Collaboration and Sharing
Collaboration is more and more integrated in 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 your workbook and even access earlier 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 of your data, for example, you can compare data such as temperatures, or rainfall or populations. of a given region for a given time, rendered in three-dimensional images. These tools are found by clicking a 3D map on the Insert tab.
6. PivotTable improvements
Excel PivotTables are a flexible and powerful way to analyze data and are even better with these new Excel 2016 features:
- Automatic relationship detection which discovers and creates relationships between the tables used for the data models of your workbook.
- Automatic time grouping helps you use your time-related fields, such as year, quarter, month, by automatically detecting and grouping them on your behalf. Although time grouping was available in earlier versions, it is now automatic and much easier in Excel 2016.
- Look for options in the PivotTable field list helps you get to the fields that are most important to you across your entire dataset.
7. Graphical Improvements
Formatted quick shapes, such as colorful squares with rounded edges, were available in Word and PowerPoint for some versions. Finally, Excel 2016 has new shape options with preset styles to help quickly and easily add beautifully formatted shapes to your workbooks.
New Excel 2016 templates come with sample data and charts, plus 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) to text so you can insert them into your documents. You can use whatever tool works for you – the mouse, a digital or light pen, or even your fingers – to write the math equations.
9. Tell me
Look on the right side of the Excel 2016 Ribbon menu after the last tab to see a text box with a light bulb that says “Tell me what you want to do.” Just enter the 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 explore other help options.
10. Smart Lookup
The Smart Lookup feature, which is available in most of the Office 2016 programs, gives you access to quick searches from within Excel 2016. Also called Bing’s “Compilations”, the information is pulled from various sources such as Wikipedia, the Oxford dictionary, Bing image search, and Bing Snapshot.
Simply place your cursor on any word or highlight any sentence on your spreadsheet and right click. Next, select Smart Lookup from the drop-down list. The “Insights” panel opens and displays information and images about the highlighted topic.
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