The only question is when Chief Executive Satya Nadella, who took over in February, will pull the trigger. Microsoft already has a full iPhone and iPad version of Office ready for release, the sources said. The speed with which apps like Quip have been adopted is forcing Microsoft to intensify its efforts to bring the powerful but ageing Office software suite to tablets and smartphones, according to people close to the company. Not being tied to my desk, that’s a big pro,” he said. “If I’m walking to and from home, or going to an appointment, I can review or edit on my iPad. If someone emails me a Word document, I’ll tell them to put it in Quip,” said Artivest Chief Investment Officer David Levine. “There are no more Microsoft Word documents being circulated. The New York-based company uses an app called Quip, which combines word processing and messaging, to handle all but the most sensitive legal and financial files. Take Artivest Holdings Inc, a New York-based financial services startup that sells alternative investment products. Tired of waiting for Office to be optimized for their mobile gadgets, a growing contingent of younger companies is turning to cheaper, simpler and touch-friendly apps that can perform word processing and other tasks in the cloud. The Microsoft logo is seen at their offices in Bucharest March 20, 2013.

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