But due to user, application and business requirements, there is often a requirement for a locally installed version of the Office applications in addition to the online versions. Microsoft 365 is a great solution for any organization. You can find more information on what is included in each edition here. Microsoft 365 Business comes in three different editions: Basic, Standard, and Premium.
Included with Microsoft 365 is an online email account that has 50 GB of mail storage and 1 TB of file storage per user licensed for OneDrive for Business. Microsoft 365 includes a combination of online based applications that are accessed from anywhere via a web browser, in addition to the latest traditional, locally installed version of Microsoft Office.
Microsoft 365, previously known as Office 365, is a bundled software plus subscription-based offering focused on user productivity-based applications.