On Sept. 16, Microsoft released Office LTSC for Mac 2021 to commercial customers ahead of the October 5 launch to general consumers. LTSC, or Long Term Servicing Channel, is the new official name of Office for customers with a perpetual Volume License.
If your company has Office 365 subscription licenses you can stop reading here. Nothing changes for you and your users will always have the latest features as soon as they are released. However if you deploy the Volume Serializer keep reading for what’s new.