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Office 365

Why office 365 for business?

Four out of five Fortune 500 companies have switched over to Office 365, according to Kevin Turner, COO of Microsoft until July of 2017. Office 365 achieved a faster growth rate as compared to Google apps in 2015, growing from 7.7% to 25.2%.

Although 22.8% of small businesses use Google Apps as compared to Microsoft’s share of 21.4%, large enterprises have switched over to the latter. In fact, Office 365 is the preferred software for large businesses with more than thousand employees.

Continued growth

Since its launch in 2011 by Microsoft, Office 365 has continued to grow in popularity. Offering a range of useful tools for small businesses, enterprise and in education, the software meets business needs by harnessing cloud computing.

Cloud computing and Software as a Service (SaaS) is a great way for small businesses and enterprise to save money and time spent on data backup, cybersecurity, and updates. The latest figures show that Microsoft’s earnings from Office 365 were up 13% in 2017 as compared to 2016. With the software earning revenue of $23.3 billion, experts believe Office 365 has been an “enormous success story” for Microsoft.

Windows Live SkyDrive and Office Web Apps were earlier cloud computing services offered by Microsoft before launching Office 365. With a subscription, consumers can use the Microsoft Office apps on iOS, Windows or Android platforms besides getting 60 Skype minutes in a month. Office 365 also provides email and social networking services for businesses. The latest version of Office 16 that launched on 22 September 2015 for subscribers includes a host of new features that have added to its utility.

Advantages of Office 365

Office 365 gives 1 TB of storage as part of its “Business Essentials” plan compared to the 30GB provided by Google Apps in its basic plan. Although Google’s G Suite offers unlimited storage in its business plan with five or more users, it comes at a higher cost. At a relatively lesser price, the 1 TB storage offered by Microsoft is ideal for most small businesses.

Many users have also switched over to Office 365 for the features in Outlook and Excel. Calendar sharing, delegation and other advanced features in Excel offered in Office 365 are not found in Google Apps.

Desktop applications are another winning feature that is offered by Office 365. Most businesses send locally created files using the Office tools and for them, being able to install, Word, Outlook, and Excel on the desktop is a major advantage.