What is Microsoft 365 Copilot?
Microsoft 365 Copilot is an AI-powered assistant designed to help businesses get more out of their Microsoft 365 tools. Integrated into popular apps like Word, Excel, PowerPoint, Teams, and Outlook, Copilot leverages AI to assist with tasks like drafting emails, creating documents, analysing data, and automating repetitive processes, ultimately boosting productivity and streamlining workflows.
Powered by GPT-4 and backed by Microsoft’s partnership with OpenAI (the company who produced ChatGPT), Copilot takes AI-driven support to the next level, providing actionable insights, summarising information, and even offering personalised suggestions to enhance your team’s efficiency directly in M365.
How Can UK Businesses Enable Copilot?
To access Copilot, businesses will need a Microsoft 365 Enterprise or Business Premium subscription. Once your Microsoft 365 plan is set up, administrators can enable Copilot through the Microsoft 365 admin centre. The tool integrates seamlessly into your existing apps, providing immediate value by automating tasks and improving collaboration.
What’s the Cost?
Microsoft 365 Copilot is not included in standard Microsoft 365 plans and comes at an additional cost. As of 2024, pricing starts at around £25 per user per month, but the price depends on the subscription plan and any customisation your business may require.
While it’s an extra investment, businesses can benefit from Copilot’s productivity gains, time savings, and improved decision-making abilities. The ability to automate routine tasks, improve data analysis, and generate reports can free up your team to focus on higher-value activities.
Microsoft 365 Copilot vs Regular Copilot – What’s The Difference?
Unlike the regular consumer version of Copilot you’ll find on your Windows PC or online at copilot.microsoft.com, Microsoft’s business version is designed specifically for workplace productivity. It offers deeper integrations with Microsoft’s suite of tools like Excel and Teams to help businesses streamline their operations and improve collaboration. Copilot also learns as your team uses it, tailoring its suggestions to improve over time.
As mentioned above, another difference is the cost. You will have to pay for this business-grade version of Copilot by purchasing the relevant license for your business.
Examples of How Copilot Can Improve Productivity in Your Business
- Document Creation: Copilot drafts emails, reports, and presentations based on simple prompts, saving time and improving consistency across documents.
- Data Analysis: In Excel, Copilot can analyse complex datasets, uncover trends, generate visual reports, and even offer predictive insights to help guide decision-making.
- Email Management: Copilot summarises long email threads and suggests quick replies, allowing employees to stay on top of communications without getting bogged down in routine tasks.
- Improved Collaboration: In Microsoft Teams, Copilot can generate meeting summaries, identify action items, and track follow-up tasks, helping teams stay organised and focused.
What’s the Advantage of Having Copilot for My Business?
With businesses increasingly relying on digital tools, adopting AI-driven solutions like Microsoft 365 Copilot can give your business a competitive edge. By automating repetitive tasks, analysing data, and streamlining communication, Copilot helps teams work smarter, not harder, ultimately improving productivity and driving business growth.
Ready to Implement Copilot?
If you’re looking to integrate Microsoft 365 Copilot into your business and see how it can boost your productivity, Coretek can help. We’ll guide you through getting Microsoft 365 Copilot-ready, so you can benefit from the huge productivity gains that come with this impressive tool. Contact us to find out how.