What is SQL Azure?
Microsoft® SQL Azure delivers on the Microsoft Data Platform vision of extending the SQL Server capabilities to the cloud as web-based services, enabling you to store structured, semi-structured, and unstructured data. SQL Azure will deliver a rich set of integrated services that enable you to perform relational queries, search, reporting, analytics, integration and synchronize data with mobile users, remote offices and business partners. Currently, SQL Azure offers relational database service called Microsoft® SQL Azure Database.
Here's an interesting article on SQL Azure.
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