Microsoft will be raising the prices of a few of its services for the first time in a decade. Expected to take effect in March of 2022, consumers will see price increases for six different Office 365 and Microsoft 365 products.
Since its original launch four years ago, there have been 24 new apps added to the Microsoft 365 suite. Apps like Microsoft Teams, Yammer, Power Apps, Power BI, Power Automate, Stream, Planner, Visio, OneDrive, and Whiteboard have helped define a new means of productivity. Over the last decade, there have been over 1400 new added features to the Office 365 subscriptions, which have made the Office 365 and Microsoft 365 tools essential to helping hybrid teams across the globe work together even when they are not physically together. Microsoft explains that the increased value these apps bring to users and businesses justifies the long-overdue price increase and should help users digest the price hike easier.
Next year, the following subscriptions will increase in price:
- Microsoft 365 Business Basic (from $5 to $6 per user)
- Microsoft 365 Business Premium (from $20 to $22 per user)
- Office 365 E1 (from $8 to $10 per user)
- Office 365 E3 (from $20 to $23 per user)
- Office 365 E5 (from $35 to $38 per user)
- Microsoft 365 E3 (from $32 to $36 per user)
There are no plans to increase the prices for consumer and education services, but that could be re-evaluated next year when the price increase for the other subscriptions hit. To help add additional value to the rising costs, Microsoft has plans of adding unlimited dial-in features to Teams meetings, a feature guaranteed to enhance the ability to connect from anywhere on any device.
While there is still plenty of time to prepare for the changes, businesses should start considering which Microsoft 365 Plan is right for your business. If your organization needs assistance evaluating your current subscription, please contact us today, and we’ll connect you with someone from our team.