Google offers an exciting free web-based product called Google Docs , which is equivalent to an Office suite. It supports universal formats like HTML, PDF, RTF, Text, and Word and if you have an internet connection you can upload, store and organize almost any type of file on your computer. You can also search for document files you've uploaded or that have been shared with you and you'll be able to view many common document file types with the Google Docs viewer. The upshot is that Docs allows real time online collaboration by multiple users. Files as large as up to 250 MB can be uploaded to Docs and you get 1 GB of free storage for files you don't convert into one of the Docs formats i.e., Google documents, spreadsheets, and presentations. Additional storage is cheap to buy for only $0.25 per GB per year.
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