After more than a decade, Microsoft announced its first price increase for its Office 365 and Microsoft 365 services. The changes will impact commercial and business users of the company’s software service (SaaS) offerings next year, but this will not be the same for education or consumers products.
Microsoft’s updated pricing will be:
- Microsoft 365 Business Basic (from $5 to $6 per user)
- Microsoft 365 Business Premium (from $20 to $22)
- Office 365 E1 (from $8 to $10)
- Office 365 E3 (from $20 to $23)
- Office 365 E5 (from $35 to $38)
- Microsoft 365 E3 (from $32 to $36)
Referencing the push to a worldwide hybrid work environment, Jared Spataro, Corporate Vice President for Microsoft, comments in a blog post that the company is “committed to building on the value we’ve delivered over the past decade to continuously provide innovation that helps our customers succeed and thrive today and well into the future.”
Citing over two dozen additional applications that have been added to their suite of services, including Microsoft Teams, Power BI, and others, Microsoft 365 has presented a variety of tools that have contributed to various integrated options that have benefited the flow of work for many organizations. This does not include the more than 1,400 features and capabilities you find with the service.
With over 300 million commercial paid seats for Office 365, this will prove to be a lucrative adjustment for the technology giant. Regardless of whether this price increase affects your business or not, the cyber landscape continues to expand and having the right tools for your organizations evolving needs is essential.
If you are unsure about how this can impact your business, reach out to R3CG and our team will be happy to help you find the right services for you.