Microsoft Corp will soon launch a full range of online versions of its software products, including the Office suite, and expects the weak economy to accelerate growth of the nascent Web-based software market, a senior executive said on Monday.
Stephen Elop, president of Microsoft's business division, is leading the company's entry into the "software as a service" market, which offers programs that are hosted online instead of downloaded to computer hard drives.
"We expect fully that the full range of Office utilities, from the most advanced to simpler lightweight versions, will be available with a range of options: ad-funded, subscriptions-based, traditional licensing fees, and so forth. So you should expect to see that full array," he said.
[edited by: engine at 1:57 pm (utc) on Dec. 11, 2008]