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In this video, Simon introduces a tutorial on reducing the size of Excel files as they grow in complexity. Excel files can vary in size from kilobytes to megabytes, but the increase in data can slow down the file and make it difficult to share. One way to reduce the size is by saving the file as a binary spreadsheet, which can be done by navigating to file, clicking on save as, entering a file name and location, selecting the Excel binary workbook option, and saving the file.