Microsoft and HKBN launch 'cloud computing' service for Office software
Millions of homes in the city can now access Office software through the web after a deal with broadband internet provider HKBN

Microsoft has teamed up with Hong Kong Broadband Network (HKBN) to bring the "cloud computing" version of its Office productivity software to millions of households across the city.
The two companies yesterday jointly introduced Office 365 Home Premium software as a service, which allows consumers to subscribe for as low as HK$2 a day, less than the cost of a tram ride.
Horace Chow Chok-kee, the general manager at Microsoft Hong Kong, said the partnership with HKBN will soon be expanded to include support for small and medium-sized companies in the city.
Cloud computing enables consumers and companies to buy, lease, sell and distribute a range of software, business systems, data and other digital resources, including storage, as an on-demand service, just like buying electricity from a power grid. "Cloud" refers to the internet.
Office 365 Home Premium, which had its global launch last month, is available in 162 markets in 21 languages. It includes the latest set of Office applications: Word, Excel, PowerPoint, OneNote, Outlook, Publisher and Access.
Microsoft has more than one billion users of its traditional packaged Office software in different editions worldwide. The online subscription strategy for Office with different partners marks a big departure for Microsoft, which has relied on physical sales for decades. The move enables the company to complete directly with the internet giant Google, which has been offering its own productivity applications online for years.