Google based on its Docverse acquisition has announced Cloud connect. Following is the description given in blog.
For those of you who have not made the full move to Google Docs and are still using Microsoft Office, Google has something great to offer. With Cloud Connect, people can continue to use the familiar Office interface, while reaping many of the benefits of web-based collaboration that Google Docs users already enjoy.
Users of Office 2003, 2007 and 2010 can sync their Office documents to the Google cloud, without ever leaving Office. Once synced, documents are backed-up, given a unique URL, and can be accessed from anywhere (including mobile devices) at any time through Google Docs. And because the files are stored in the cloud, people always have access to the current version.
Once in the Google cloud, documents can be easily shared and even simultaneously edited by multiple people, from right within Office. A full revision history is kept as the files are edited, and users can revert to earlier versions in one click. These are all features that Google Docs users already enjoy today, and now we’re bringing them to Microsoft Office.