OLE, or Object Linking and Embedding, is a technology developed by Microsoft that allows users to integrate and share data between different applications. For example, you can embed a Microsoft Excel spreadsheet into a Microsoft Word document, enabling you to edit the spreadsheet directly within the Word file. This feature enhances productivity by allowing seamless interaction between various software programs. With OLE, objects can be linked or embedded, meaning that changes made in the original application can automatically update in the linked document. This functionality is particularly useful for maintaining consistency in data across multiple files, making it easier to manage and present information effectively.