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  Microsoft: Web services to aid, not kill, software
Time: 09:20 EST/14:20 GMT | News Source: CNET | Posted By: John Quigley

Web services, delivered alongside classic software, will complement rather than replace the existing software industry, Microsoft's chief technologist said on Thursday. Chief Software Architect Ray Ozzie told investors and reporters attending the annual financial analyst meeting at Microsoft's headquarters that the company is looking to convert its existing software franchises into Web-delivered services. "The overall services opportunity is largely additive, increasing revenue opportunities for both our existing software licensing model as well as our services business model," Ozzie said.

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