Symantec Steps into software as a service

I thought this article was interesting, Symantec Steps into Software as a Service.

The Cupertino, Calif.-based company said that the launch of its Online Backup Service, which provides outsourced data storage and disaster recovery services to SMB customers, is merely the first piece in a wider set of offerings it will introduce dubbed Symantec Protection Network, which will eventually include a full range of hosted security tools.