Companies relying on an Excel or Excel-like system need to know that, while Excel might suffice for ad hoc analysis and data storage for individuals or small groups, the technological flaw of data and referential integrity prevents it from a corporate-wide, collaborative effort like planning and budgeting, not to mention product development and sourcing.
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Excel''s popularity at the desktop, especially since even in largest corporations, not everyone is delighted with the idea of familiarizing with yet another proprietary user interface (UI), workflows, and navigation. Seeking new growth opportunity, vendors have been creating new solutions for small and medium businesses and are now offering BI solutions. Hoping to cash in on the dominancy of Excel, Oracle recently announced an Excel add-in, made possible by its purchase of iLytix Systems AS . Even