Alternative to the Google docs Microsoft comes up with the solution to view and edit Microsoft office documents online. It is currently supporting Microsoft word documents, excel spreadsheets, power point presentation document.

It is Microsoft office live workspace:http://workspace.office.live.com

Microsoft Office Live Workspace

Save your documents to the Web—for free!

Access files from anywhere

View documents from almost any computer with a Web browser
No more flash drives—files are there when and where you need them
Password-protected sharing; you control who views and edits your work

Work with programs you know

Save over 1,000 Microsoft Office documents in one online place
Open and save files from familiar programs like Word, Excel, and PowerPoint
Synchronize contact, task, and event lists with Outlook