Microsoft Office
Microsoft Office is a family of client software, server software, and services developed by Microsoft. It was first announced by Bill Gates on August 1, 1988, at COMDEX in Las Vegas. Initially a marketing term for an office suite (bundled set of productivity applications), the first version of Office contained Microsoft Word, Microsoft Excel, and Microsoft PowerPoint. Over the years, Office applications have grown substantially closer with shared features such as a common spell checker, OLE data integration and Visual Basic for Applications scripting language. Microsoft also positions Office as a development platform for line-of-business software under the Office Business Applications brand. On July 10, 2012, Softpedia reported that Office is used by over a billion people worldwide.
Microsoft Works
Microsoft Works was a productivity software suite developed by Microsoft and sold from 1987 to 2009. Works was smaller, was less expensive, and had fewer features than Microsoft Office or other major office suites. Its core functionality includes a word processor, a spreadsheet and a database management system. Later versions had a calendar application and a dictionary while older releases include a terminal emulator. Works was available as a standalone program, and as part of a namesake home productivity suite. Because of its low cost ($40 retail, or as low as $2 OEM), companies frequently pre-installed Works on their low-cost machines.