The bundle has expanded to include the Teams communication app, the Whiteboard collaboration app and Power Platform application-development tools for non-developers, among other assets, Spataro wrote. This marks 'the first substantive pricing update since we launched Office 365 a decade ago,' Microsoft 365 corporate vice president Jared Spataro wrote in a blog post. While Microsoft still sells licensed versions of Office for use on premises, the company has been getting t he majority of commercial Office revenue from subscriptions since 2017. Microsoft is introducing the New Commerce Experience (NCE) subscription model for its Cloud Solution Provider (CSP) partners. The price hikes will boost Microsoft's total revenue and profit, given the Office line remains the company's top product in terms of sales, and most Office revenue is tied to business use. Microsoft Office 365 Prices Increasing 20 for Monthly Subscriptions. Microsoft said Thursday it will raise the prices of commercial subscriptions to its Microsoft 365 bundles of productivity apps such as Word and Excel, formerly known as Office 365.

Microsoft has also expanded Office in recent years by getting some organizations to buy for advanced cloud subscriptions, and it has signed up front-line workers.This is the first major price change for Office 365 since Microsoft launched it in 2011.

Microsoft office 365 subscription price