12/13/04: Compliance Pressures Prod IT to Limit Use of Spreadsheets

Hopefully a "better" spreadsheet (or other "business intelligence" tool) will emerge. But, one of the big challenges will be retaining the huge advantage of spreadsheets to do ad-hoc analysis that nobody designing the software envisioned. We'll see... Full story is here, excerpt below:

In the face of tighter regulatory controls for reporting financial data, many IT departments are wrestling to eliminate or control the widespread use of spreadsheets. But many end users are likely to rebel if the ubiquitous tool is taken away from them.