Dive Brief:
- Microsoft’s new Dynamics 365 cloud software will likely be pricey, according to a blog post published Monday by Microsoft partner Encore Business Solutions, IDG News Service reported. The blog post has since been taken down.
- According to the Encore blog, customers have a choice between a Dynamics 365 version for either large or small enterprises, with less than 250 employees. From there, whichever modules they choose will determine their overall cost.
- Microsoft has declined to share further details on pricing, but some experts say the leaked pricing is high, according to the report.
Dive Insight:
Since it was announced in July, Dynamics 365 has created a buzz. On Monday, Microsoft announced it had entered a six-year agreement with HP Inc. to supply Microsoft Dynamics customer relationship management (CRM) software, taking away business from both Salesforce and Oracle.
Microsoft Dynamics 365 allows businesses to pay for the solutions they need in a single platform, including financials, sales, operations, marketing and customer service, among others. Even with the potentially high costs, it is likely companies will move to adopt the software large in part because of the convenience offered by a unified tool.