Office 365 Home Premium has finally arrived and promises to be a treat that could revamp the Microsoft Office product as we knew it until now. The Home Premium is a cloud-based service that is compatible on atleast five devices running on Windows. Of course, Mac too finds mention on the compatibility list. For now, the subscription counters have opened at a monthly charge of $99.99 USD.

The just-out Office 2013 for professionals comes with strong specs– with Word, Outlook, Excel, OneNote, PowerPoint, Access and Publisher. The best part of the deal is the Sky Drive feature that comes along with these.  With a single license, Home Premium could see sharing across as many as five devices. The better bets come with the add-on 20 GB cloud space; 60 minutes of free Skype calls every month and Office on Demand. Come 27 Feb and this could be available for users across the world.

Steve Ballmer, the CEO of Microsoft said, “This is so much more than just another release of Office. This is Office reinvented as a consumer cloud service with all the full-featured Office applications people know and love, together with impressive new cloud and social benefits.”