Office apps, intelligent cloud services, and world-class security, the new Microsoft 365 is designed and set to help business do more intelligently. There are various subscription packages available for individuals, small or medium-range companies, large companies, or other institutions to choose from Microsoft 365 plans. With best-in-class Office programmes, intelligent cloud services, and robust security, Microsoft 365 is one of the best productivity cloud intended to help each of its consumers achieve what matters in their work and lives.
Microsoft has progressively increased its cloud-based product count for its Office 365 consumers in past years. Microsoft rebranded its subscription plans for Office 365 in April 2020 as the Microsoft 365 so that its home and business packages are now marketed in the same corporate identity. The most appealing aspect is that small and medium scale business plans have no price or feature modifications. The same plans are still offered, just with a new brand name- M365.
Microsoft 365 vs Office 365
Office 365 is Microsoft corporate product featuring Office applications such as Outlook, Teams, Word, Powerpoint, Excel etc. Office 365 Home and Personal Subscriptions and Office 365 Business plans are all now encompassed underneath Microsoft 365's banner.
Microsoft notes that the name change is partially aimed to assist consumers in understanding their suitable plan to the best. The rebranding has been marketed as "new name, same great value, same price". You don't actually need to do anything if you previously have an Office 365 subscription for business or personal purpose; your subscription will be seamlessly moved towards Microsoft 365.
The subtle difference between O365 and M365 is its components comes with the subscription.
O365 is a cloud-based commercial productivity package containing apps like Outlook, Word, and PowerPoint. M365, on the other hand, is a collection of services that includes Office 365 as well as a number of others.
Microsoft 365 Plans
As part of the renaming, Office 365 Business Essentials is now available as Microsoft 365 Business Basic. Likewise, Office 365 Business Premium is now Microsoft 365 Business Standard, and Microsoft 365 Business is currently Microsoft 365 Business Premium, and finally, Office 365 Business can be availed as Microsoft 365 Apps for business.
Microsoft 365 is a one-time subscription to Office 2019, which was a one-time purchase. This means that the newest features, fixes and safety upgrades are available at no extra cost. In addition, it offers a unique service. You might download all Office applications on a single computer if you purchase the one-off Office 2019 option, but no updates would be included. This implies you would have to pay another full licensing charge if you wish to upgrade in the future.
Microsoft 365 Business subscriptions provide selected Office applications and other characteristics based on your subscription level, such as an e-mail with a personalized domain name, Microsoft Teams access and enhanced privacy protection. Business plans are large enough to fit up to 300 people, and you may choose an enterprise plan for infinite numbers of users if you want more.
All Microsoft 365 subscriptions for home and personal usage are provided for the common Office programmes, which you are already familiarized with from Microsoft, including Word, PowerPoint, Excel, Outlook, Access and Publisher. You will also have cloud-based tools that allow you to work with documents in real-time, plus additional online storage with OneDrive. The Microsoft 365 Family Plan is convenient for groups of 6, all of which have their own personal login data and may share one subscription and have access to it on several devices.
The personal plan can be availed with the following Office Apps like Word, Excel, PowerPoint, Outlook, Access, Publisher, and OneNote. For each device, you are using a subscription on one terabyte of cloud storage and security. The personal plan costs $69.99/year, which provides access to a single user on several devices. You can save up to 16% with an annual subscription to the plan.
At the same time, Microsoft 365 family plan is recommended for two to six years which costs $99.99 for an annual subscription. Subscribing to the family plan benefits up to 6 TB of cloud storage for one Tb per person. One can also avail of premium safety tools with the mobile app.
(Source: https://www.microsoft.com/en-in/microsoft-365/buy/compare-all-microsoft-365-products?tab=1)
Microsoft 365 Basic Business is recommended for companies that require convenient remote solutions, safe cloud storage, Microsoft Teams and Office Online. Desktop versions not included in this plan. It consists of the web and mobile versions of Word, Excel, and PowerPoint. The plan can be bought for $5 per month for one user. It also carries secure cloud services like Teams, exchange, SharePoint, and One Drive.
Microsoft 365 Apps is suitable for companies requiring Office applications spanning various devices and online file storage. Business e-mail and Microsoft Teams do not come under this package. Outlook, Word, Excel and PowerPoint are the premium office apps included in this plan. Besides, there is access to Publisher and Access from the PC. OneDrive is the secured cloud storage service that comes along with this particular business plan. The plan can be bought for $8.25 per month for one user.
(Source: https://www.microsoft.com/en-in/microsoft-365/compare-microsoft-365-enterprise-plans)
Microsoft 365 Business Standard plan is best recommended for corporations with complete remote working and collaboration solutions, including Microsoft teams, secure cloud storage, e-mail and premium Office apps throughout appliances. The premium Office apps included in this subscription are Outlook, Word, Excel and PowerPoint. The Publisher and Access through your PC are indeed accessible with this specific plan. It also offers secure cloud services, such as Teams, exchange, SharePoint, and One Drive. The scheme may be purchased for one user for $8.25 a month on an annual term.
Microsoft 365 Business Premium is optimum for projects involving safe, remote work solutions with all aspects of the Business Standard, enhanced cyber threat prevention and device control. Outlook, Word, Excel and PowerPoint are the premium office apps included with this subscription. With this unique package, you may access the Publisher and Access from your PC. It does offer secure cloud services, such as Teams, exchange, SharePoint, and One Drive. Apart from these, it also provides you with Intune and Azure Information Protection. On an annual basis, the plan may be purchased for a single user for $20 per month.
In all the four business plans mentioned above, Office apps are available on the web as well as on mobile devices. A version of Outlook for both web and mobile is available for all three plans except Microsoft 365 Apps. Coauthoring in real-time enables the possibility that several people can concurrently work on the very same page. Word, Excel, PowerPoint, OneNote and iOS and Android versions are constantly up to date on up to five mobile devices and five tablets with all these plans.
New Features of Microsoft 365
The new Microsoft 365 includes significant features such as Microsoft Editor, Money in Excel, Teams for personal use, and Family Safety and Microsoft 365 Education etc.
Money in Excel
Money in Excel is a flexible Excel template that allows you to seem more controlled. It's really the only template that enables you to securely link your financial facilities in order to collect and synchronize account and transaction data into an Excel spreadsheet. Even without leaving Excel, you can keep track of all your money in one spot, modify your workbook, and get tailored advice. You can discreetly link bank, credit card, investment, and loan accounts to access your banking details in one spot. It allows you to sync your most recent transactions and account balances to keep your workbook up to date. You may also use charts, graphs, and alerts based on your data to get clarity into your finances. Customizing Money in Excel can help you make your spreadsheet work for you. You can also utilize customized templates that have been built for you or design your own employing Excel's greatest features.
Microsoft Editor
Microsoft Editor is an Automation system that helps you compose in 20+ languages with conviction and can certainly assist. It enables you to write sophisticated essays, create eye-catching e-mails, and share your work on many social media sites. With a Microsoft sign-in, anybody may use the core Editor features, such as spelling and basic grammar, through Word, Outlook.com, and the internet for free. But, advanced grammar and style enhancements are available to Microsoft 365 Personal and Family users only. With your subscription, clarity, conciseness, formal language, word suggestions, and much more can be availed. Though Editor will be accessible for free to assist everyone with the fundamentals, Microsoft 365 members will have access to certain more sophisticated tools that differ by destination. Editor will be available in three primary locations: the first one as documents in Word for the web and desktop, again as e-mail in Outlook.com and Outlook for the internet and as web in general accessed via the recent browser extension.
As it can effectively communicate in over 20 languages and because each language and market is different, recommendations for each language are produced in collaboration with the original speakers and local linguists. Every writer has access to a vast number of reference material on the internet, and correctly citing sources may be difficult and time-consuming. A similarity checker can help by detecting possibly plagiarised text and making it simple to add necessary sources. Rewrite suggestions allow simplicity to improve the fluidity, conciseness, and readability of your work. With the advent of Microsoft Editor's independent browser extension, you can now effortlessly produce clear, correct material anywhere you want on the internet.
Microsoft Teams
Microsoft Teams, formerly released as a prototype to iOS and Android, can be used for basic text chat and video calling alongside common lists, documents, calendars and location sharing. Events, Places, tasks and pictures altogether in a group can be indeed well shared via a dashboard. Microsoft strives to take all Microsoft teams' greatest features to work and make them applicable when you may need them at home. Microsoft believes that reinventing teams for life and work is not simply another chat app on the market but also offers groups how individuals can do things, such as arranging their holidays with friends and family events. The Microsoft Team's Personal Version is a component of Microsoft's wider aim to remain attractive to customers after several customer-friendly services have been cleared. So far, Microsoft has not disclosed any intentions to replace Skype with Microsoft Teams on the consumer side.
Microsoft Family Safety
The Microsoft Family Safety app was created to promote digital well-being and encourage the development of good digital habits. It establishes screen time limitations for devices, applications, and games. When your screen time is up, it decides whether or not to add extra depending on what's best for you and your family. You can create a secure online environment for your children by using Apps and game filters, Web and search filters, and Content filter requests. It also allows you to use Microsoft Edge on Xbox, Windows, and Android to create healthy limits, such as blocking harmful applications and games and restricting surfing to kid-friendly websites. You may also stay in touch with your loved ones even if you are separated. Through Location sharing, Saved places, and Location alerts, the app makes it easy to share your location with dear ones, locate them on a map, and save the locations they travel to the most.
Microsoft 365 Education
In a single, inexpensive solution optimized for school, Microsoft 365 Education empowers instructors to unlock creativity, foster cooperation, and deliver a simple and secure experience. When you buy for teachers, faculty, and staff, it includes kids at no additional cost. It uses intelligent tools to help students of all levels gain independence and 3D and data visualization technologies to convey concepts to fruition. With a single dashboard, you can manage people, data, and devices, protect your identity, applications, data, and devices with machine learning-enhanced security. The new Microsoft 365 Education also controls data archiving, governance, and discovery
To sum up
Even though Microsoft 365 is somewhat similar to the previous Office 365, it has a few extra capabilities beyond the workplace. Additional capabilities, such as a password manager for Microsoft 365, are anticipated in the future. If you only need the Office apps and don't care to pay the licencing cost again if there are any upgrades, buying Office 2019 as a one-time purchase can be a viable alternative.
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