Adobe, one of the leading providers of professional software, is binging one of their most popular applications to the web. Photoshop Express is a web based version of their desktop software Photoshop which will be shipping a beta version by the end of this year. It was demoed at Adobe MIX in Chicago last month and featured more consumer orietned features to altering photos like getting rid of red eye, cropping, getting ready of blemishes, and adjsuting color tones.
With the advances in web technologies and the continuing trend of more people using web applications, binging a desktop experience to the web is making more sense. However, I do not believe this can replace the desktop application. It will, however, make a good feature to other services or applications. This is how Adobe is planning on distributing Photoshop Express. They already have partnerships setup with some of the industries biggest players including Photobucket and Shutterfly.
I think for companies to stay on top of their industry, they need to hit new markets (obviously). The web is emerging as the medium of the future. I however, still prefer desktop applications. When it comes to collaboration or the need to access things on multiple computers, the web is the way to go. But, editing photos and such are better suited on the desktop.