Excel For The New Age?

Google Spreadsheets

Google announced yesterday that it is to release Google Spreadsheet to the masses. The spreadsheet system will be web-based and will allow people to crunch data on the same sheet simultaneously (with a chat window for communication).

Google have said that sheets can be started from fresh, or existing worksheets can be uploaded from CSV or XLS format (with all the formulas and formatting still intact) so that it can be viewed and edited by many people at once.

Is this going to be the way forward for analyzing certain types of data in the future?

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