Microsoft have announced a further price increase for 2023 due to the changing economic conditions and other world events.
Microsoft said: “We have deferred pricing adjustments based on currency fluctuations thus far. However, after a sustained period of lower local currency Microsoft cloud pricing in many regions of the world, we’re now beginning a process to realign our prices globally.”
What Does a Microsoft Price Increase Mean For You?
Microsoft’s 2023 price adjustment means your cloud costs increase, although, Microsoft has said that organisations that purchase cloud services, such as Microsoft 365 will continue to find their cloud offerings highly competitive.
How Much Are Microsoft’s Prices Increasing By?
Microsoft has released a further update this month. From 1st April 2023, GBP pricing on all Microsoft Cloud services will increase by 9%.
In the future, Microsoft will assess pricing in local currency as part of a regular twice-a-year cadence, taking into consideration currency fluctuations relative to the USD. This means the price might reduce or rise further, depending on currency exchange rates.
We appreciate this will impact you, as it does us.
You can find Microsoft’s full announcement here.
For more information on Microsoft’s price rise and what this means for you, please don’t hesitate to get in touch with a member of our friendly team.