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:

  • The logical functions now include the IFERROR() function that eliminates the need to nest the IF(ISERROR(...);...) functions.

  • The statistical functions include three new functions: AVERAGEIF(), AVERAGEIFS(), and COUNTIFS(). AVERAGEIF() and AVERAGEIFS() calculate the average using one or more filter conditions. COUNTIFS() complements COUNTIF() to allow number calculations based on more than one filter condition.

  • The math and trigonometry functions include one new function: SUMIFS() complements SUMIF() to allow summations based on more than one filter condition.

  • The cube functions category is new. The functions in this category allow formulas to access the data cubes of Microsoft Analysis Services (a database server with special data cubes). The cube functions extend the data access to these databases, which in previous versions was limited to evaluations in PivotTables.

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

New Limits

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.

Table C-2. Comparison of the Limits in Excel Versions

Description

Excel 2003 and Earlier

Excel 2007 and Excel 2010

Number of columns in a worksheet

256 (28)

16,384 (214)

Number of rows in a worksheet

65,536 (216)

1,048,576 (220)

Maximum number of characters in a cell

1,024 (210)

32,768 (215)

Maximum length of formulas (characters)

1,024 (210)

8,192 (213)

Maximum nesting levels in functions

7

64

Maximum number of arguments per function

30

255

Maximum number of array formulas in a worksheet containing references to another identical worksheet

65,536 (216)

Unlimited

Maximum number of categories for custom functions

32

255

Maximum number of sort keys

3

64

Maximum number of elements displayed in the AutoFilter picklist

1,000

10,000

Number of rules for conditional formats in a cell

3

Unlimited

Number of different formats in a workbook

4,000

65,536 (216)

Number of colors in a workbook

56

4,294,967,296 (232)

Maximum usable RAM

1 GB (230)

The max RAM of Windows

Important

The specifications for the new functions and limits apply only if you save your workbook in the file format of Excel 2007 or Excel 2010.

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.

Table C-3. New File Extensions in Excel 2007 and Excel 2010

Extension

Description

.xlsx

Excel workbook

.xlsm

Excel workbook with macros

.xltx

Excel workbook template

.xltm

Excel workbook template with macros

.xlam

Excel add-in

.xlsb

Excel binary workbook

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