Excerpts from Elephants and Evolution - How the Landscape is Changing for Google, Microsoft, Mozilla and Adobe:
"The days of purely desktop-based applications are clearly numbered, but so are the days of exclusively web-based apps. Both Microsoft and Google are racing toward a happy medium. However, they aren't the only players in town, not by a long shot. Both Mozilla and Adobe are well positioned to take advantage of desktop and web convergence. Companies offering solutions that connect desktop and web apps together will get their chance too. Calendaring and project management are two obvious choices, but every productivity app deserves to be re-examined."