What is the best way to read and manipulate large data in excel files and show them in Sharepoint

Hi ,
I have a large excel file that has 700,000 records in it. The excel file has a few columns that change every day.
What is the best way to read the data form the excel file in fastest and most efficient way.
2 nd Problem,
I have one excel file that has many rows each row contain some data that has certain keywords.
What I want is  to segregate the data of rows into respective sheets(tabs ) in the workbook.
for example in rows have following data 
1. Alfa
2beta
3 gama
4beta
5gama
6gama
7alfa
in excel
I want there to be 3 tabs now with each of the key words alfa beta and gamma.

Hi,
I don't really see any better options for SharePoint. SharePoint use other production called 'Office Web App' to allow users to view/edit Microsoft Office documents (word, excel etc.). But the web version of excel doesn't support that much records as well
as there's size limitations (probably the default max size is 10MB).
Regarding second problem, I think you need some custom solutions (like a SharePoint timer job/webpart ) to read and present data.
However, if you can reduce the excel file records to something near 16k (which is supported rows in web version of excel) then you can use SharePoint Excel service to refresh data automatically in the excel file in SharePoint from some external sources.
Thanks,
Sohel Rana
http://ranaictiu-technicalblog.blogspot.com

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