Hmm, I'm a bit late on this but it seems at PDC the other day buried in Bob Muglia's keynote was the announcement that we'll be getting a cloud-based version of Analysis Services as part of SQL Data Services. Here's Jamie Thomson's post on this:
http://blogs.conchango.com/jamiethomson/archive/2008/10/27/ssds-developments.aspx
Here's the official Azure site and white paper:
http://www.microsoft.com/azure/default.mspx
http://download.microsoft.com/download/e/4/3/e43bb484-3b52-4fa8-a9f9-ec60a32954bc/Azure_Services_Platform.docx
UPDATE: see Mosha's comment below - there was no announcement of cloud-based AS. Oh well... but I've just read about the Office-in-the-cloud announcement. I wonder if we'll get any AS connectivity in the cloud-based Excel?
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