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CData Excel Add-Ins VS gretl

Compare CData Excel Add-Ins VS gretl and see what are their differences

CData Excel Add-Ins logo CData Excel Add-Ins

Excel Add-In for mass imports / exports / updates, data cleansing & de-duplication and data analysis.

gretl logo gretl

homepage of gretl, the Gnu Regression, Econometrics and Time-series Library
  • CData Excel Add-Ins Landing page
    Landing page //
    2023-07-26
  • gretl Landing page
    Landing page //
    2023-10-17

CData Excel Add-Ins features and specs

  • Ease of Use
    CData Excel Add-Ins integrate seamlessly with Excel, allowing users to easily access and manipulate external data directly within their spreadsheets without extensive training or technical knowledge.
  • Wide Range of Data Sources
    The add-ins support a vast array of data sources including databases, cloud applications, and web services, enabling users to connect and work with diverse datasets.
  • Real-time Data Access
    Users can access up-to-date information by refreshing data in real-time, ensuring that analyses and reports reflect the most current data available.
  • Customizable Data Queries
    The tool provides flexible query options, enabling users to filter and sort data to fit their unique analysis requirements.
  • Improved Productivity
    By automating data retrieval tasks, the add-ins save time and reduce manual errors, boosting overall productivity for users who frequently handle large datasets.

Possible disadvantages of CData Excel Add-Ins

  • Cost
    For users or organizations looking for budget-friendly solutions, the licensing costs of CData Excel Add-Ins may be a consideration, especially for larger teams.
  • Performance with Large Datasets
    Managing extremely large datasets within Excel using these add-ins can lead to performance issues, as Excel itself has limitations on the amount of data it can handle efficiently.
  • Complex Setup for Some Data Sources
    While the add-ins generally aim to simplify access to data, some data sources may require more complex configuration, which could be challenging for non-technical users.
  • Dependency on Excel
    Reliance on Excel for data analysis and processing is a limitation if users want to leverage more advanced data analytics tools outside the Excel environment.
  • Limited Advanced Analytics Capabilities
    While the add-ins enhance data access, they do not inherently provide advanced analytics functionalities, potentially necessitating additional tools for comprehensive data analysis.

gretl features and specs

  • Open Source
    Gretl is free and open source software, which means users have access to its source code and can modify it to suit their needs without the cost barriers associated with proprietary software.
  • Comprehensive Econometric Tools
    Gretl provides a wide range of econometric tools, from basic OLS models to more complex time series and panel data models, making it suitable for various statistical analyses.
  • Cross-Platform Availability
    Gretl is available on multiple operating systems including Windows, MacOS, and Linux, which adds flexibility for users working in different computing environments.
  • User-Friendly Interface
    The software offers a user-friendly GUI that is intuitive for those familiar with econometric analysis, providing straightforward access to its functions without requiring extensive programming knowledge.
  • Active Community and Documentation
    Gretl has an active user community and comprehensive documentation, offering support and resources that help users effectively utilize the program and troubleshoot when issues arise.

Possible disadvantages of gretl

  • Limited Advanced Features
    While Gretl offers a broad set of tools for standard econometric analysis, it may lack some advanced features and customizability found in other proprietary software like Stata or EViews.
  • Graphical Capabilities
    Gretl's graphical outputs are sometimes considered less sophisticated or visually appealing compared to those generated by other statistical software packages.
  • Learning Curve for Scripting
    Although the GUI is user-friendly, mastering Gretl's scripting language can be challenging for new users, requiring time and effort to effectively leverage the full potential of the software.
  • Compatibility with Large Datasets
    Handling very large datasets might present limitations in Gretl, both in terms of performance and memory usage, compared to more robust commercial software solutions.
  • Limited Professional Support
    As free software, Gretl may not offer the same level of professional support that users might expect from commercial software, which can be a drawback for commercial users needing reliable customer service.

CData Excel Add-Ins videos

CData Excel Add-Ins | Connect to Live Data Directly from Microsoft Excel

gretl videos

REGRESSION ANALYSIS BASICS, ASSUMPTIONS, GRETL

More videos:

  • Review - Granger causality with Gretl and eviews
  • Review - Performing our first regression analysis in Gretl

Category Popularity

0-100% (relative to CData Excel Add-Ins and gretl)
Data Dashboard
25 25%
75% 75
Technical Computing
20 20%
80% 80
Charting Libraries
100 100%
0% 0
Business & Commerce
0 0%
100% 100

User comments

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What are some alternatives?

When comparing CData Excel Add-Ins and gretl, you can also consider the following products

Devart Excel Add-ins - Devart Excel Add-ins allow you to connect Microsoft Excel to live database and cloud data and work with them as with usual Excel spreadsheets.

EViews - EViews (Econometric Views) is a statistical package for Windows, used mainly for time-series...

Kutools for Excel - A handy Microsoft Excel add-ins collection to free you from time-consuming operations.

Mplus - Mplus is a statistical modeling program used by social scientists, health researchers, market researchers, and educators.

Invantive Control for Excel - Invantive Control enables you to make decisions with Microsoft Excel and yet remain fully compliant...

LIMDEP - LIMDEP is an econometric and statistical analysis software that is used by researchers, students, and professionals from all over the world.