Microsoft will raise prices for select cloud services, including Microsoft 365 and Azure, on April 1, 2023.
Microsoft explains in Consistent global pricing for the Microsoft Cloud that it has taken “several steps to align the pricing” of its Microsoft Cloud products globally. The decision was made so that “will have consistent pricing reflecting the exchange rate of the local currency to the US dollar (USD)” would be available.
Microsoft will adjust the pricing for Microsoft Cloud products in the following currencies beginning April 1, 2023.USD)” would be available.
The change affects only organisations in Europe, and only countries in the European Union, as well as the United Kingdom and Norway. Sweden and Denmark are both members of the European Union, but neither has adopted the Euro. The price changes become effective at the end of the billing cycle.
Microsoft claims that the decision “will provide increased transparency and predictability for customers globally” and that it shifts to the industry’s “pricing model that is most common”
The company intends to review pricing in local currency twice a year to account for currency fluctuations relative to the USD. As a result, it is possible that future price adjustments will benefit organisations. Microsoft’s decision has no effect on home customer pricing.
In the fall of 2022, Microsoft will raise the prices of its Microsoft 365 products by 20%. It was the product’s first price increase in a decade.