The just-released beta of Microsoft Office 365 is an impressive cloud-based suite of apps particularly well suited for small and medium-sized businesses.
Office 365 is essentially a redesign and updating of a number of different Microsoft offerings that have been optimized for the cloud. Frequently, only larger companies have taken advantage of Exchange and SharePoint because of the setup, hardware, and maintenance involved. The cloud-based Office 365 lets smaller businesses use those services. Here are three reasons you'll love it --- and two reason you'll hate it.