Annoucement of new cloud service from Microsoft in July 2016 called Dynamics 365 for Q4 launch.
Will cover CRM and AX and Project Madeira.
Looks like GP, NAV and SL are not affected and continue to be sold as is.
Dynamics 365 will have two editions, Business and Enterprise each with functional areas. Licensable by application or functionality.
CRM will include sales, marketing, customer service, field service and project service.
CRM Portals will remain a separate subscription based add-on.
No pricing as yet.