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Microsoft Exchange is a collection of applications that enable digital messaging and collaboration in an enterprise IT environment.
It is a Microsoft proprietary product that consists of Microsoft Exchange Server and Microsoft Outlook (formerly Microsoft Exchange Client). It was introduced with Windows 95.
Microsoft Exchange is also known as Windows Messaging.
Microsoft Exchange primarily enables an organization to configure and host email and collaboration services. In a Microsoft Exchange messaging system/environment, Microsoft Exchange Server is installed on a Windows Server operating system and provides the server-side services and features, whereas Microsoft Exchange Client is installed at client nodes. Each incoming email is first received at the Exchange Server and is then routed to the destination client.
In addition to email services, Microsoft Exchange also provides utilities such as:
Moreover, it is also available as hosted or cloud services—deployed and entirely accessible from the Internet/cloud.