Tuesday, 18 July 2023

Microsoft AI-infused Office suite will save time but cost more



Microsoft launched 365 Copilot to bring the power of artificial intelligence (AI) and announced that it would start the roll out later in the year. The company has now announced the pricing for its AI-powered Office suite and it is going to cost at least 53% more.

The company invested billions into developing the technology and the move seems to aim at reaping the benefits. At the virtual Inspire conference, the company said commercial customers will have to pay $30 per user, per month for Microsoft 365 E3, E5, Business Standard and Business Premium customers when broadly available.


'Tool will pay for itself'


As per an interview to news agency Reuters, Jared Spataro, corporate vice president at Microsoft said that the tool would pay for itself through time savings and productivity gains.

"You don't take notes in meetings anymore, don't attend some meetings. It just changes the way you work," he said, adding that at least 600 enterprises, including companies like KPMG, Lumen, and Emirates NBD, have tested the tool since its unveiling in March this year.

Microsoft 365 Copilot will draft emails in Outlook and write documents in Word. It can also summarise Teams calls, in case you've missed them.

"Microsoft 365 Copilot is incredible on its own, and it’s also integrated into the apps millions of people use every day. Copilot jump-starts your creativity in Word, analyses data in Excel, designs presentations in PowerPoint, triages your Outlook inbox, summarises meetings in Teams – whether you attended or not – and so much more," Microsoft said in a blog.




More secure Bing, Bing Chat Enterprise

Microsoft also announced that it is "significantly expanding Bing to reach new audiences with Bing Chat Enterprise". The AI-powered chat for work is rolling out today in Preview for more than 160 million people.

The main difference between the regular version and enterprise variant will be that the latter will not allow any viewing or saving of user data to train AI models. Additionally, an employee must log in with work credentials to gain the protections of the enterprise version. This way, companies will be able to keep their data confidential.

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