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Summary
April 29, 2005 - Ventana Research has been advising companies to eliminate
standard spreadsheets for any enterprise-wide, collaborative purpose. This type
of spreadsheet is still a vital productivity tool for individuals, but it lacks
critical technological capabilities (e.g., the ability to enforce data integrity
and referential integrity) and therefore is not well suited to company-wide,
ongoing operations. While standalone spreadsheets were once the only choice,
companies have more options. One of these is Actuate's e.Spreadsheet.
The standalone spreadsheet (e.g., Microsoft’s Excel) is the core piece of software for any individual working in a finance organization. Two decades of use has produced a high degree of familiarity with it. Not only is it used to perform calculations and store information, it is also used to generate reports and functions as a simple programming tool for non-specialists.
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