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Mark Davis from Optimum Technology Transfer introduces the video tutorial on using the REPLACE function in Excel. He emphasizes the importance of text or string functions for cleaning data, mentioning that he has created several videos on the topic. In this session, he focuses on the REPLACE function. Mark explains that he has a series of order IDs composed of two numbers, followed by four characters, and then three more numbers. He aims to standardize these order IDs by replacing the varying four characters with a consistent value to ensure uniformity across the dataset.