You just can't disagree with Knowledge@Wharton with this one.http://knowledge.wharton.upenn.edu/artic le.cfm?articleid=1651&CFID=3809923&CFTOKEN=14405621Justlookinto
microsoft office live athttp://office.microsoft.com/en-us/officelive/default.aspx and you willrealise that the future of desktop business
applications are set tobecome history. New set of applications lead by Google, Salesforce& NetSuite will make your realise the impact What needs to be seenis how the new generation of innovators handle and assure business oninformation security.For the development
community, softwareswill become more complex to create and maintain. Innovative programs tohandle complex business requirements, ease to understand and train onthe new app will have to be taken care by the community- A neworganization who can understand business as well the developer willsurvive.Software as a service ( SAAS) is the term coined for such applications. This is just a beginning of the software industry in a consolidation phase.