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Steps to migrate from Dynamics 2016 8.1 to Dynamics 365 online

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Hi,

We are planning to move dynamics 2016 to dynamics 365 (online), what are the steps we need to implement?

Do we need to update to 8.2 on-premise then 9.0 on-premise and then to online? or we can directly migrate from 8.1 to online,  If so can you provide me with the steps?

What are the challenges while migrating?

Thanks,


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