Microsoft launches the first new version of Office in three years to focus on improving collaboration while saving users time.
Office 2016 adds features like "co-authoring" in Microsoft Word, which lets multiple users type in a document and see what others are doing in real time. There will also be new chart styles for Excel and "Smart Lookup" function that lets users drop information from the web into a document.
The new update features are meant to execute real-time collaboration, cloud-based storage, team chat and other team-focused features from competitors like Google Drive, Slack and more.
