Microsoft is raising prices up to 25% on its popular Microsoft Office 365 platform. The price increase takes effect March 1 and varies depending on your plan and service level.
Microsoft Office 365, which contains tools such as Excel, Word, PowerPoint and Outlook, as well as cloud services including OneDrive, SharePoint and Teams, is used by over 731,000 companies in the U.S. alone. Office 365 has become a one stop shop for businesses and provides cloud productivity in a critical time as workforces become more remote.
Microsoft is calling the price increase the first substantive update in prices since the product launched in 2011 and notes the added value that now exists. Depending on your plan, there are up to 24 more apps today with increased security and artificial intelligence.
Businesses that commit to an annual or multi-year agreement before March 1 can avoid a 20% price increase. Businesses doing this lose flexibility however, such as the ability to reduce license counts. There are several other provisions and changes. It is important to understand the impact these licensing changes have on your business and budget.
Insight BTR can help make sure you are on the right Microsoft Office 365 product and on the right subscription plan for your business. Insight BTR can also work with your business to make sure you are taking full advantage of all the apps and cloud platforms.
To discuss your Office 365 situation, call 608-661-0750 or email info@insightbtr.com.
