Microsoft describes features of Excel in the following link. This is really a good article to read. Powerpivot is the one of the key feature in Excel 2010.
http://office.microsoft.com/en-us/excel/excel-2010-features-and-benefits-HA101806958.aspx
http://office.microsoft.com/en-us/excel/excel-2010-features-and-benefits-HA101806958.aspx
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