{"id":58927,"date":"2023-08-16T06:04:16","date_gmt":"2023-08-16T06:04:16","guid":{"rendered":"https:\/\/exigotech.co\/au\/blog\/auto-draft"},"modified":"2024-04-22T10:42:30","modified_gmt":"2024-04-22T05:12:30","slug":"microsoft-pricing-update","status":"publish","type":"post","link":"https:\/\/exigotech.co\/sg\/blog\/microsoft-pricing-update","title":{"rendered":"Navigating the Microsoft Pricing Update: What You Need to Know About the Latest Changes"},"content":{"rendered":"

Let\u2019s get straight to the point- Microsoft has modified their pricing structure for cloud licensing to align global products and services to the US Dollar exchange rate. In the dynamic landscape of technology, change is a constant, and Microsoft is no exception. From September 2023, significant updates are set to take effect on Microsoft Cloud Services pricing, including Microsoft 365. As per Microsoft, these updates have been implemented to foster global pricing consistency and align various countries’ costs with the US dollar rate. In this blog post, we will discuss the details of this pivotal Microsoft Pricing Update and how Exigo Tech, your dedicated technology partner, can guide you through these transformative changes.<\/p>\n

Understanding the Microsoft Pricing Update<\/strong><\/h2>\n

To align with the US dollar rate, Microsoft has introduced a bi-annual pricing review, starting September 1, 2023, to bring consistency in pricing across all geographies<\/strong><\/a>. As a result, all Microsoft 365 user license pricing will increase by 9%, irrespective of their subscription term. Individual license percentage changes may differ marginally due to pricing computations and rounding rules. These pricing modifications will enable customers from different areas and currencies to receive more uniform pricing.<\/p>\n

What we know so far is that to accommodate these changes, the pricing adjustments will be done in February and September of every year. The main purpose of this move is to prevent the inaccessibility of Microsoft Cloud Services due to currency fluctuations. It also aims to offer customers across various corners of the world more predictable pricing. We at Exigo Tech will be aligning our pricing for Microsoft Cloud Services with Microsoft’s biannual price changes.<\/p>\n

Some Key Points About Subscriptions and Licensing <\/strong><\/h2>\n

It is confirmed that Microsoft is introducing these updates for a better global pricing structure. It is necessary to note a few important points about how these updates will work. Take a look at a few important points below to understand it in a better way:<\/p>\n

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  • The good news is that the existing subscribers with annual or 12-monthly terms subscriptions that were activated prior to September 1, 2023, can heave a sigh of relief. The pricing structure for these subscribers will remain the same until the next renewal.<\/li>\n
  • Seats added to current memberships after this date will retain their previous pricing until the next renewal, ensuring that businesses have a smooth transition.<\/li>\n
  • For auto-renewals, subscription upgrades, and new subscription purchases initiated on or after September 1, 2023, the new pricing structure will come into effect to remain aligned with the global pricing matrix.