Microsoft 365 Copilot Wave 2 Puts the Market on Notice with Agent Builder and Narrative Builder for PowerPoint
Microsoft 365 Copilot Wave 2 Puts the Market on Notice with Agent Builder and Narrative Builder for PowerPoint
Microsoft, in anticipation of Salesforce Dreamforce this week unveiled its Wave 2 of Copilot, which also includes faster performance. This blog provides an overview of the new features announced for Microsoft 365 Copilot and offers analysis on their potential impact for businesses and the market.
Why Did Microsoft Announce New Copilot Features?
Microsoft’s recent announcements focus on enhancing the capabilities of Copilot across various applications within the Microsoft 365 suite. These updates include a doubling in the speed of responses due to leveraging GPT 4o as its core LLM.
The updates aim to solidify Microsoft’s position as one of the leaders in AI Assistants and AI Platforms. The announcement was timely as both OpenAI and Salesforce announced new AI offerings this week (See Aragon Research Blogs).
Microsoft 365 Copilot Wave 2: Analysis
These enhancements enhance the value speed and accuracy of Microsoft Copilot. Copilot’s wider availability and deeper integration into Microsoft 365 applications can significantly improve user workflows. The key new capabilities that were announced included:
Copilot Pages – a new experience that allows users to interact together on a single canvas. This is a brand new feature but it marks a shift to where multiple people can interact. Time will tell about the adoption of pages.
Copilot in Excel with Python: Excel users will gain the ability to leverage Python within their spreadsheets, enabling advanced data analysis and automation directly within the application. This means better charts can be produced on the fly.
Narrative Builder in PowerPoint: One of the significant features release in PowerPoint is Narrative Builder feature, automating the building of an outline and then creating the slides that leverage graphics that are in the enterprises SharePoint repository.
Copilot Agents and the March to Agent Platforms
The introduction of Copilot agents is particularly noteworthy. By automating routine tasks and providing real-time insights, agents can free up employees to focus on more strategic work. This can lead to increased efficiency and productivity across organizations.
What Should Enterprises Do?
Enterprises should actively explore and evaluate these new Copilot features. Start by identifying areas where Copilot could deliver the most value, such as data analysis, presentation creation, or process automation. Participate in preview programs and pilot projects to gain hands-on experience and assess the impact on your specific workflows. Develop a clear strategy for integrating Copilot into your operations and provide adequate training to ensure employees can leverage its full potential.
Impact on the Market – Agents and Mini-Agent Builders are Trending
With Copilot Wave 2 Microsoft is making its Microsoft 365 Assistant even more powerful for knowledge Workers. We expect Google and others to follow suit. On the Agent Builder, this keeps it on pace with Salesforce’s Agentforce announcement this week, which includes a Salesforce Agent Builder and Google’s Gem for Gemini that allows mini-agents to be built with no code.
Bottom Line
Microsoft’s latest Copilot enhancements underscore its commitment to transforming the way people work. Enterprises should start to make Assistants available to employees and the way to justify the cost is to turnoff other apps that are not being used. The era of AI-powered productivity is here, and Microsoft is helping to lead the charge.
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