Earlier quoted context omitted.
They are costing money. No doubt. At the same time, the business world runs on Excel. How much money is Excel making? I've done my share of cursing at Excel at various jobs. At the same time, I am grateful for the quick and easy way it allows me and many others to manipulate data. It's unfair to just cite the costs of using Excel without acknowledging the benefits it brings.
The real question should be would it be cheaper to replace it with a proper solution (probably something custom built application written by a software engineer). Excel's ease of use is it's downfall. It is the worlds most popular database, despite not actually being a database. I have wasted countless hours dealing with Excel where something else should have been used. I built a database for a friend recently, I thi…
"A database is an organized collection of data, generally stored and accessed electronically from a computer system."[1]
Excel is an organized collection of data, stored and accessed electronically from a computer system. So I would call it a database.