Excel is one of those tools that punches way above its weight class, which is why it's so common to see in places where it should have been replaced by a proper database years ago.
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Worked for multiple Fortune 500s, the world is held together by Cobol and Excel. If Excel were to stop working, the world would collapse.
I worked for a major investment bank and one of their exotics trading teams was basically all add-ons and stuff built on top of Excel.
To be fair, the traders looked like Wizards using it, it was pretty neat.
The sub's implosion was probably Clippy's fault