Microsoft 365 offers businesses a cloud computing offering that provides users with online software to access company data. It provides an alternative to standard software installation, where you have to build the server, install the application, and configure it. Instead, the applications and company data reside on a remote Microsoft cloud network and is accessed anywhere securely through the internet.
Microsoft 365 differs from the traditional model because the software is already installed and mostly configured. You can simply provision the service and in a couple hours, you'll have the software and storage ready for use. It provides beneficial cost savings since it resides in a shared environment where maintenance costs are reduced, since Microsoft will maintain all updates on the software, hardware and environment. The environment is also scalable and has full integration with other cloud and local services. You only need to purchase what you need, not what you might need as you'll have the flexibility to be able to scale up and down based on specific needs. No matter how big or small your business is Microsoft 365 allows you to centralise your online workspace in a safe and secure environment.