Microsoft has recently introduced Python in Excel as a major upgrade targeting data analysis and visualization. This feature is integrated within Excel and doesn't require any external plug-ins. Users can access the feature under the formula ribbon and activate it using =PY in the formula bar. The new feature allows descriptive and correlation analysis, plus the ability to create both default and advanced charts. The latter includes charts usually not available in Microsoft Excel like pairplot using the seaborn library. However, it operates on the cloud which may lead to potential privacy issues and requires an active internet connection.
The introduction of Python in Excel represents a significant evolution in Excel's analytical capabilities. It enables users to use Python and Excel analytics natively in the same workbook, with no setup required. All Python calculations are run in the Microsoft Cloud and results are sent back to the worksheet, including data plots and visualizations. Excel users can now aggregate and visualize their data more seamlessly and efficiently with Python in Excel. This powerful combination of Python's analytical power and Excel's flexibility is currently in Public Preview for users in the Microsoft 365 Insiders program using the Beta Channel in Excel for Windows.
Python in Excel! Microsoft just announced a major upgrade to data analysis and visualization with Python in Excel. This new feature is built-in and does not require any external plug-ins. It is completely free for Microsoft 365 users and can be found in the formula ribbon. Python in Excel can be used to do data analysis such as descriptive analysis and correlation analysis for stocks, as well as data visualization including default charts and advanced charts like a pairplot using Seaborn. Installing and setting up the software is easy and it runs on the cloud, with the potential for privacy concerns and the requirement of an external internet connection. Microsoft Excel is evolving to provide even more analytical capabilities with the release of Python in Excel.
Python in Excel is designed for analysts and offers natively combining Python and Excel analytics within the same workbook. Python can be typed into cells, and calculations run in the Microsoft Cloud. Results are returned to the worksheet, including plots and visualizations. Python in Excel is currently in the Public Preview phase and available for Microsoft 365 Insiders in the Beta Channel in Excel for Windows.
Python in Excel is a powerful addition to Microsoft Excel, allowing users to analyze, visualize, and make decisions with their data quickly and easily. It is a major upgrade to data analysis and visualization with Python in Excel, and is sure to make a big difference for the millions of users who rely on Microsoft Excel every day.
Python in Excel, Microsoft 365, Data Analysis, Data Visualization, Excel Formula, Seaborn, Microsoft Cloud, Excel for Windows, Analytical Capabilities, Public Preview