Microsoft announces Office 2021 features and pricing

Microsoft will launch Office 2021 on October 5, and the company has finally revealed the pricing and features. Office 2021 is the next standalone version Microsoft's Office suite. It will be available to consumers and businesses who don't want to subscribe to Office.
Office Home and Student 2021 will cost $149.99. They include Word, Excel and PowerPoint as well as OneNote and Microsoft Teams for Mac and PC. Office Home and Business 2021 will be priced at $249.99 and include all the Home versions and Outlook for PC and Mac.

Office 2021 will feature the collaboration features in Microsoft 365 Office versions, including real-time coauthoring, OneDrive support and even Microsoft Teams integration. Office 2021 will include a new Office design with a refreshed ribbon interface and rounded corners. The neutral colors in Office 2021 match the UI changes in Windows 11.

Microsoft will also be adding Microsoft 365 features to Office 2021. These include modern Excel features and PowerPoint improvements. They also offer better inking in Office apps. Outlook translation support is also available. These are the new Office 2021 features.

Excel

The XLOOKUP function allows you to find items in a range or table in an Excel worksheet.

Excel now supports dynamic arrays - New functions that use dynamic arrays in Excel

Excel's LET function allows you to assign names to calculations results.

The XMATCH function searches for a specific item within an array or range and returns its relative position.

OpenDocument format (ODF), 1.3 support

Tab Updated: Draw

Performance improvements

PowerPoint

Record Slide This new PowerPoint feature features presenter video, ink recording, and laser pointer recording.

You can replay your PowerPoint ink strokes.

This allows you to arrange elements on your slides in order for screen readers.

OpenDocument format (ODF), 1.3 support

Tab Updated: Draw

Performance improvements

Outlook

Translator and Ink: You can now add annotations to emails, create a canvas for messages or translate emails into over 70 languages.

Instant search results can be accessed instantly, and you have more options to filter and refine the results.

Performance improvements

Word:

OpenDocument format (ODF), 1.3 support

Tab Updated: Draw

Performance improvements

Office 2021 will launch alongside Windows 11 on October 5. Microsoft has confirmed that Office 2021 will be available on October 5th, along with Windows 11.