Feeling wordy? Watch how Microsoft 365 Copilot helps slim down communication and focus on what's most important, so your team stays in the know. #IYCYK pic.twitter.com/nt3NNMkIGZ
— Microsoft 365 (@Microsoft365) September 17, 2024
Microsoft is introducing new AI-powered features to its Microsoft 365 productivity suite as part of its Copilot Wave 2 rollout. The company aims to enhance tools like Excel, PowerPoint, Outlook, and Teams with these updates. One of the key additions is Copilot Pages, a collaborative tool that enables teams to access, edit, and manipulate data on a single page using information pulled from Copilot.
This feature allows for real-time collaboration and iteration with the assistance of AI. Microsoft also launched an agent builder feature that helps users create AI-powered agents to automate and execute business processes.
https://twitter.com/Microsoft365/status/1836057601081012506
These agents can function as virtual colleagues in platforms like Teams or Outlook, where they can be mentioned and queried.
neat little Copilot in OneDrive feature that lets you easily compare files. These are the kind of AI features that I can get behind https://t.co/PsR0XG2LJW pic.twitter.com/9oJS0bN1t0
— Tom Warren (@tomwarren) September 16, 2024
The integration of AI into Microsoft’s business software is part of a broader strategy to outpace competitors and monetize its investments in AI technology.
Microsoft introduces Copilot Pages features
Microsoft CEO Satya Nadella highlighted the growing adoption of Copilot, noting a significant increase in usage and the number of daily users.
Microsoft's "Wave 2" Copilot livestream kicks off at 11AM ET / 8AM PT / 4PM UK today. We'll have the latest Copilot news over at The Verge dot com, too https://t.co/bMXMqGjxPt
— Tom Warren (@tomwarren) September 16, 2024
Companies like Vodafone have already purchased Copilot licenses for their employees, reporting that the software helped workers save an average of three hours per week per person. The new AI features are designed to boost worker efficiency by tracking meeting transcripts, adding references to documents, and more. Microsoft emphasizes the customizable nature of Copilot, which can integrate unique data sources and workflows tailored to the specific needs of diverse companies.
Despite these advancements, Microsoft’s Intelligent Cloud segment revenue fell slightly short of Wall Street’s expectations, prompting a negative investor reaction. However, the company’s commitment to AI has contributed to a significant rise in its stock price over the past 12 months. As Microsoft continues to refine and enhance Copilot through the integration of new AI models and technologies, it aims to create a seamless, AI-powered workflow that adds substantial value to businesses and individual productivity.