"Cloud Services" = SharePoint Online

I recently came across a new product we are creating called SharePoint Online. As the name suggests, the product is web/cloud based and as a result is excellent for scenarios where you have people working remotely or in different geographic locations. By subscribing to SharePoint Online, Microsoft will host your SharePoint site(s) for you. Amongst other things, this saves you installing and maintaing your own SharePoint sites. With other products such as Exchange Online and Microsoft Office Communications Online also being developed, I anticipate seeing a lot of customers moving to a cloud-based model.

Enjoy!