Что в этом контексте значит «unbundling Excel »? Разделение?

What Is Unbundling? Unbundling is a process by which a company with several different lines of businesses retains core businesses while selling off, spinning off, or carving out assets, product lines, divisions, or subsidiaries. Unbundling is done for a variety of reasons, but the goal is always to create a better-performing company or companies. Unbundling may also refer to offering products or services separately that had previously been packaged together.

сначала как-то закралось сомнение: unbundling здесь verb (present participle active) или -ing adjective?

возможно, в поиске эквивалента вам поможет эта статья

The Unbundling of Excel (yahoo.com)

Там же объясняется, что это такое:

The uses for Excel within a business are limited only by the users’ imaginations.

That creates an emergent product roadmap for the B2B software industry. Instead of needing to sit in a room and think up the future, a couple generations of observant entrepreneurs simply watched what people were cooking up in spreadsheets, sized the market, and built dedicated, less flexible tools for each specific use case.

Hundreds of B2B startups have been built by taking a job currently being done in Excel and trying to accomplish the job in more optimized, purpose-built B2B software. Every time you hear an entrepreneur say, “We’re replacing siloed spreadsheets and outdated processes with purpose-built software,” you’re hearing the Unbundling of Excel in real time.

Одним словом это не перевести. Нужно описательно, типа, выделение различных функций Эксель в отдельные специализированные программы.

Да. Точную формулировку можно дать лишь из конкретного целого текста,-- пардон за being КО.