Will Microsoft Excel become obsolete in the near future?
Much of what people currently use Excel for is changing already.
The company I work for transitioned about 80% of all the spreadsheet work into google docs, so that users could collaborate in the cloud simultaneously. Most of this is documentation and record keeping.
The finance team moved our Excel-based budgets into cloud applications as well specifically built for budgeting.
For data analysis, we usually use Tableau now instead of Excel.
For certain Ad-hoc tasks, we will continue using Excel because of its speed and functionality. I will always jump to Excel filter and sort simple data sets, build models and perform things like sensitivity analysis. Consultants will always use Excel to send private files over to clients.
Excel will not become obsolete, but it will be used less and less.