In Word 2011, Excel 2011, and PowerPoint 2011, you'll be able to edit documents, spreadsheets, and presentations with co-workers or clients at the same time. A window pops up at the bottom of the application window, listing your collaborators, and bubbles appear next to the sections they're working on (shown here). The key to it all: Saving the document/spreadsheet/presentation to Microsoft's SkyDrive cloud-storage service (more on that in a bit) or your company's SharePoint server.
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