Microsoft has issued price increases for its Microsoft 365 business software subscriptions due to come into effect on March 1, 2022.
The pricing changes, which is the “first substantive pricing update” since launching Office 365 a decade ago, will apply globally with local market adjustments for certain regions.
The price adjustment will only affect specific business and commercial editions and not education or consumer subscriptions at this point, Microsoft said.
Microsoft’s 365 Business Basic will increase from $5 per user to $6 per user. Microsoft 65 Premium pricing will also increase from $20 to $22 per user.
Business software packages such as Office 365 E1, Office 365 E3, Office 365 E5 and Microsoft 365 E3 are also set to rise.
Office 365 E1 price will increase from $8 per user to $10 per user. Office 365 E3 will increase from $20 to $23, Office 365 E5 from $35 to $38 and Microsoft 365 E3 from $32 to $36.
Microsoft’s price increase “reflects the increased value we have delivered to our customers over the past 10 years,” wrote Jared Spataro, corporate vice president for Microsoft 365, in a blog post.
Spataro said Microsoft has added 24 apps to the suite since launching four years ago, including Microsoft Teams, Power Apps, Power BI, Power Automate, Stream, Planner, Visio, OneDrive, Yammer, and Whiteboard. Further, the company has released over 1,400 new features and capabilities in three key areas.
Microsoft also announced that it will add “unlimited dial-in capabilities” for Microsoft Teams meetings over the next few months.
