IMO Zoho has the right idea but the wrong execution; these apps need to be open source, and the service needs to be the main selling point. There are two reasons for this:

It's a Database. It's a Spreadsheet. It's Zoho DB. — Zoho is adding another weapon to its arsenal today - Zoho DB - raising its total number of online office applications to 13 (not including four additional "utilities", or lightweight apps). — Zoho DB is meant to provide developers …
Source: TechCrunch
Author: Mark Hendrickson

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