This morning Microsoft officially released Office 365. The productivity suite matters as it represents the market leader’s view on how such applications and the cloud can best work together.

Whether you agree with Microsoft’s vision of the future or not, Office 365 is an important product simply in terms of the precedent that it sets. To catch you up, if you are in the dark, this is how we described Office 365 earlier today:

Aimed at businesses rather than individuals, the service comprises Exchange Online (for email and calendars), SharePoint Online (for online collaboration), Lync Online (for text, audio and video messaging and conferencing), plus browser-based versions of Microsoft Excel, Word, and PowerPoint in addition to the traditional installed versions.

Priced between $2 and $27 per user per month, Microsoft is targeting enterprise customers, small businesses and the education market with Office 365. Microsoft is promising updates to the service every 90 days.

What follows is an interesting infographic that is a plain-English walk through of what Office 365, and should answer any questions that you might have.

guide to microsoft office 365 infographic Office 365 Explained [Infographic]