Microsoft’s multitude of Business and Enterprise editions — licensed as monthly or annual subscriptions — offer more advanced feature sets than the Home and Personal editions, with collaborative applications and management tools designed for meeting enterprise security and compliance challenges.
What is Office 365?
As a product line, Microsoft Office dates back nearly three decades, with early versions essentially combining Word, Excel, and PowerPoint into a discounted bundle. Office 365, which has been available since 2011, differs from that old-fashioned bundle in two respects: First, it’s licensed as a monthly or annual subscription rather than as a perpetual license. Second, it combines a suite of online services, including business-class email and cloud file storage, along with the traditional desktop apps…
Source: ZDNet
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