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- REPLACE is a string manipulation function that lets you replace a subsection of a string with another string. You need to specify the starting point and the number of characters to replace, plus the new string that you want to put instead of the previous area. Lets look at that with an example. I define a first variable that contains, DAX is so cool, and the replacement is fantastic. I want to replace from the 11th character, for four characters, whatever is the content of the string there, we know its cool, I want to replace it with fantastic. And you see the result, instead of DAX is so cool, space and then exclamation mark, now we have DAX is so fantastic then again, space and exclamation mark.