According to official reports, Software giant Microsoft Corp. has rolled out its latest version of application software, Office 2010, for customers across the world.

Xinhua has reported that the company also announced Wednesday the release of Microsoft SharePoint 2010, a web-based collaboration software, as well as the new version of diagramming programme and project management software.

Stephen Elop, president of Microsoft's business division, said, "Office 2010 and SharePoint 2010 define the future of productivity."

Elop said in a statement, "With the 2010 set of products, organizations will save, innovate and grow as their people benefit from working across the PC, phone and browser."

It was also noted by the report that the launch of Office 2010 also marked the debut of Office Web Apps, which includes web-based versions of Word, Excel, PowerPoint and OneNote, and it enables users to edit and share documents online.

The Office Web Apps, which is seen as Microsoft's answer to Google Inc.'s Web-based applications, is expected to hit the retail stores in June. (With Inputs from Agencies)