Some have already dubbed it the Microsoft Office killer and while others reckons that it will give Google Apps a ride for its money but it seems that it looks that software giant Adobe is looking elsewhere with the launch of new versions of Acrobat.
Acrobat.com (opens in new tab) marks the company's first real mainstream foray into the world of Software as a Service, which could possibly be a game changer for a company that is relying so much on desktop bound applications.
The suite of hosted services creates an environment where users will be able to create and collaborate online on electronic documents and includes Adobe Buzzword, a web-based word processor, connectnow, Adobe's own web conferencing service as well as an online centralised file sharing feature.
Adobe has also released a set of developer APIs for real time collaboration, file sharing and conversion to help its online services grow.
The maker of Photoshop and Dreamweaver has also released three new versions of Acrobat 9 starting at £265 up to £619; there's also a free version of Adobe Acrobat 9 (opens in new tab) on its way.
Earlier this March, Adobe released a free, online version of Photoshop called Photoshop Express (opens in new tab) which allowed users to upload and manipulate photos online.