Why Excel Is A Terrible Database

Excel is widely used by businesses, but it’s also widely abused, too

We’re sorry to deliver the bad news, but if you’re using spreadsheets as a database you’re a Titanic in the making. Excel is widely used by businesses, but it’s also widely abused, too. 

If you’ve been using Excel spreadsheets as a database, consider these stats:

• 88% of spreadsheets contain errors that impact the bottom line 
• Poor-quality data management costs organizations $14.2 million annually
• 43% of companies don’t know how many spreadsheets are in use at any given time, exacerbating issues of data security and integrity