Since we’re an almost entirely Apple household, I’d like to convert all my Office work to iWork but Office365 just has too much going for it. First of all, 25+ years working in Excel - the standard and master of the spreadsheet - is tough to switch away from. There are some clever features in Numbers for sure; we use it around here for simple shared household stuff just because, but when I need to focus on problem solving, Excel unfailingly provides the features and the muscle, unfortunately. Word processing and presentations are not much of a concern of mine at this point. But the big difference in my book is the online storage. I buy the Home license every year for about $80 or so on eBay, and in addition to the suite of updated apps on all household devices, i get 1TB of online storage for each of 6 users, including my parents 3 hours away. Even if you consider the Office Suite to iWork suite a wash, the closest one can get with ICloud storage is 2TB shared for $120/year i believe. And being a backup fanatic, I use the MS space as redundant storage for home photos and videos, among other things. Maybe if Apple was more competitive with storage cost, I would seriously consider a change, but pragmatically Office365 wins.
And honestly, a mere 5GB included per user ID is kind of insulting at this point. You can afford managing the space, Timmy. Show your funders a little love.