New in Excel 2007

The major improvements in Excel 2007 (see Table C-1) include the completely changed user interface and several new worksheet functions:

Table C-1. The New Functions in Excel 2007 (in Alphabetical Order)

Function

Category

Description

AVERAGEIF

Statistical

Returns the mean value (mean average) of all cells in a range meeting a specified criterion

AVERAGEIFS

Statistical

Returns the mean value (mean average) of all cells meeting several criteria

COUNTIFS

Statistical

Counts the cells of a range whose content matches several criteria

CUBERANKEDMEMBER

Cube

Returns the element in a set specified by the index

CUBEVALUE

Cube

Returns the value for a given address from a data cube

IFERROR

Logical

Calculates a specified output if an expression contains an error or returns the result of the expression

SUMIFS

Math & Trigonometry

Adds numbers matching several search criteria

Table C-2 compares several internal limits in Excel 2007 with the limits in Microsoft Office Excel 2003 and earlier versions. You might not know the previous limits, because they are not relevant for normal tasks performed in Excel. The comparison shows the improvements in Excel 2007 in this area.

The new file formats save all information (data, formats, and so on) in XML structures. The Microsoft Office Open XML specification has been published and was adopted as an ISO standard. This open standard allows developers to read as well as create the new file format. An exception is the nonstandard binary format that allows you to save and load workbooks quickly.

The XML structures are saved in a compressed file to reduce the file size. Table C-3 lists the new file extensions.