Microsoft has shown off the latest and newest version of Office 15 at a conference in San Francisco. The company’s flagship productivity software was announced by CEO Steve Ballmer:

“We are taking bold steps at Microsoft,” Ballmer said. “The new, modern Office will deliver unparalleled productivity and flexibility for both consumers and business customers. It is a cloud service and will fully light up when paired with Windows 8.”

One of the new features is tight intergration with Microsoft Cloud services, SkyDrive and also with the next version of Windows 8.