WHAT IS A PIVOT TABLE ?
A Pivot Table is a tool which is used to store
the summary of a large data set in a condensed manner. Just like any table, the
Pivot Table consists of rows, columns, data fields, and pages. These components
can be moved around and it helps the user to expand, isolate, sum, and group
the particular data in real time. Pivot Table enables the user to view the
differences in a very big set of information. It is very helpful in organizing
a large amount of data in Microsoft Excel.
Easy to Use
An important advantage of pivot tables is that
it is easy to use. You can easily summarize data by dragging the columns to
different sections of the table. The columns can also be re-arranged as you
wish with the click of a mouse.
Fast Data Analysis
With the help of Pivot Tables, you can handle
large quantities of data in one single go. Pivot Tables allow you to take a
large amount of data and work on it in such a way that you need to view only a
few data fields. This helps in the easy analysis of large amount of data.
Easy Data Summarization.
Another important benefit of pivot tables is
that it helps to summarize data in a quick and easy manner. Pivot table helps
in making a concise summary out of thousands of rows and columns of unorganized
data. With the help of pivot tables you can summarize large amounts of
information into a small space. The data can be summarized in a simple format
which is easily understandable. Users can arrange rows and columns of the data
according to their needs and they can label it and sort it in any way they want
to.
Find Trends & Patterns
in Transactional Data
Pivot tables help you to create customized
tables from large data groups. Manipulating data in this manner will help to
find recurring patterns in the data, if any. This in turn will help in accurate
data forecast.
Quick Report Creation
One of the important features of excel pivot
tables is that it helps to create reports in an efficient way. This saves you
the long and strenuous hours that you need to spend for creating reports
manually. Apart from this, the table also helps you provide links to
external sources if any, in the report created.
Helps in Decision Making
A pivot table can be
considered to be a valuable Excel reporting tool as it allows users to easily
analyze the data and arrive at quick decisions. This serves as a huge advantage
in the industrial world, where it is crucial to make precise and quick
decisions.
If you want to master this one of the most powerful
features of Excel, if you want to be ahead of your colleagues, if you want to
reduce your working time on MIS reports, if you want to create amazing reports
and dashboards from your transactional raw data, then this course is for you.
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