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In this video tutorial, the importance of managing data in Excel is emphasized. The speaker explains how to avoid redoing data processing by using data tables instead of manipulating raw data directly. By linking to external data, such as a list of employees or data exported from SAP, users can easily create formulas, pivot tables, and charts without affecting the original data. Newer versions of Excel offer the option to get data from a file or workbook through the data tab, while older versions require a different approach.
