Octobits Blog – Microsoft 365 Business Standard price is often a primary consideration for businesses looking to adopt this suite.
Having all the details on the price can help businesses decide what IT investment they want to make and plan for future growth.
That’s why we’re going to go into more detail about the pricing structure. Alright, let’s get started.
Detailed Pricing of Microsoft 365 Business Standard
Microsoft 365 Business Standard is a subscription service priced at a fixed monthly or annual rate per user.
Subscription Plans
As of June 2024, Microsoft 365 Business Standard is $12.50 per user per month, based on an annual commitment.
This plan includes desktop, web, and mobile versions of Office apps, 1 TB of cloud storage per user, and a range of other services.
All these services are designed to help your business be more productive and collaborative.
Pricing Tiers
There are different levels of Microsoft 365 to choose from. For example, Microsoft 365 Business Basic costs $6.00 per user per month, while Microsoft 365 Business Premium is $22.00 per user per month.
Each tier has a different set of features, so you can choose the one that’s right for your business.
Business Premium has all the security features and device management capabilities you could need, plus everything included in the Business Standard plan.
Additional Costs
While the base subscription gives you a lot of functionality, you might have to pay extra for some optional extras.
For instance, if you want to use Microsoft Copilot to integrate advanced AI capabilities or add enhanced endpoint protection with Microsoft Defender for Business, you might end up spending more money.
For details about Copilot, kindly read “Is Microsoft 365 Copilot Worth the Hype (and the Price)? A No-BS Review.”
Features of Microsoft 365 Business Standard
Office Applications
Microsoft 365 Business Standard is all about its suite of Office applications, including Word, Excel, PowerPoint, and Outlook.
You can get these apps on your desktop, and you can also access them on the web and on your phone.
This multi-platform accessibility lets users work seamlessly across different devices, so they can be productive no matter where they are.
This flexibility can really help you get more done and get your work done on time.
Cloud Services
Microsoft 365 Business Standard gives each user 1 TB of OneDrive storage. This storage space is more than enough for keeping your files safe, sharing them with others, and working together on projects.
Plus, SharePoint helps teams work together better by giving them a place to create team sites.
These sites act as a central hub where teams can share information, files, and resources, making project management easier and keeping everyone on the same page.
This can be really helpful for big projects with lots of people involved, as it makes it easier to communicate and manage documents.
Security Features
The Business Standard plan includes some handy features like Microsoft Entra ID for identity protection and Microsoft Defender for basic threat protection.
These tools are key to keeping business data safe from unauthorized access and cyber threats.
For instance, a financial services firm that handles sensitive client information can really benefit from these security features.
Microsoft Entra ID makes sure only the right people can access the most important data, while Microsoft Defender stops malware and phishing attacks.
Collaboration Tools
Microsoft Teams is a pretty powerful collaboration tool that comes with the Business Standard plan.
It lets you chat in text, voice, and video, and you can use it for online meetings, webinars, and file sharing.
Teams’ integration with other Microsoft 365 apps makes sure all communication and collaboration tools are connected, so you can work more efficiently and productively.
Factors Influencing Microsoft 365 Business Standard Pricing
Number of Users
How much it costs to run an organization depends on how many users you have.
As the number of employees goes up, so does the overall subscription cost. Some volume licensing agreements offer discounts for larger user bases.
Storage Requirements
The plan includes 1 TB of storage per user, but you can always buy more if you need it.
Just in case your business has lots of storage needs, you might need to buy more OneDrive space than the 1 TB that’s included with each user.
This depends a lot on the nature of the business and how much data is generated and stored.
Integration Needs
How complex and extensive your integration with other business systems is can affect the cost of Microsoft 365.
If your business needs a lot of customization or integration with third-party apps, you might need to budget for professional services or custom development.
Advanced Features
Microsoft 365 Business Standard has a lot of great features, but if you need something more advanced, like eDiscovery or information protection, you might want to think about upgrading to a higher-tier plan like Microsoft 365 E3 or E5, which cost more.
These upgrades give you more protection and management features, but they cost extra.
For further information about the premium plan, please refer to “Microsoft 365 Business Premium Price: How to Justify the Cost (With Data).”
Differences Between Office 365 Business Premium and Business Standard
What’s the difference between Office 365 Business Premium and Business Standard? It’s all about the extra security and management features you get with Premium.
Both plans have all the essential tools for productivity and collaboration, but Business Premium is better for businesses that need more security and compliance.
Both plans include desktop, web, and mobile versions of Word, Excel, PowerPoint, and Outlook.
They also give you business-class email via Outlook, 1 TB of OneDrive storage per user, Microsoft Teams for communication, and SharePoint for file sharing and team site management.
With Microsoft 365 Business Standard, you get the essentials for productivity and a few basic security features.
This package includes Microsoft Entra ID for identity protection and basic threat protection through Microsoft Defender.
Microsoft 365 Business Premium goes a step further than the Business Standard plan, adding in advanced security and management capabilities.
It offers top-notch protection for your company’s devices with Microsoft Defender for Business, advanced identity and access management through Microsoft Entra ID and Microsoft Intune, and comprehensive mobile device management to keep your company’s data safe and secure.
With all those features, Microsoft 365 Business Standard is $12.50 per user per month with an annual commitment.
On the other hand, Business Premium costs $22.00 per user per month, also with an annual commitment.
Should you require further verification of our information or wish to purchase a product, just head over to the Microsoft 365 Business Standard page here.
Please be aware we do not receive any affiliate benefits or other incentives for directing you to the Microsoft 365 page.
At Octobits, our objective is to assist you in identifying reliable and worthwhile products.
Microsoft 365 has consistently demonstrated reliability, which has become our inspiration for developing Octobits as a SaaS management platform to streamline operations for your business.
Octobits offers tools to assist you in monitoring software usage, ensuring compliance with regulations, and gaining insight into software utilization.
To learn more about how Octobits can assist your company in managing SaaS solutions, kindly visit octobits website. The good news is, we are free-to-use until the end of December 2024.
Conclusion
By evaluating subscription plans, additional costs, and other influencing factors, your organization can make informed decisions that best meet its needs and support its growth.
However, it is important to note tools like Octobits can assist in the management of these processes, with the potential to reduce unnecessary expenses and overall costs.
Keep in mind; when evaluating Microsoft 365 Business Standard, your company should consider all aspects to ensure the optimal benefit from the Microsoft 365 Business Standard price.
