Sabeer Bhatia's Live Documents has features of MS Office '07
Mumbai (PTI): Hotmail co-founder Sabeer Bhatia on Wednesday launched a software product called Live Documents, which he claims has all the features of Microsoft Office 2007 and is available online for free.
"Live Documents will give you the same experience of Microsoft Office 2007 -- which costs USD 400-- for free online," Bhatia told reporters here.
Live Documents has been developed by his Bangalore-based company InstaColl. Bhatia along with Soft Bank China and India Holdings have invested in InstaColl. However, investment figures are not available as it is a private company.
Explaining the features of Live Documents, Bhatia said, "Live Documents mean Microsoft Office 2007 will be available in a browser. Many users can access a document simultaneously."
On the security of data online, he said, "Documents would be completely secured on the Net. They are encrypted in the back-end. The user can give digital rights on who should open the document".
Live Documents has been developed with Java and Flash and it would work across platforms, he said.
Bhatia said, "If Live Documents makes 1 per cent of Microsoft Office revenues, then we would earn USD 200 million a year. If Live Documents makes 10 per cent of Microsoft Office revenues then our revenues would be USD 2 billion a year in the next three to four years."
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