An event was held in New York today by Microsoft to officially launch the new Microsoft Office2010 to businesses. The new version is expected to turn back a sales slump as predictions are it will be the most highly implemented Office software in its 20 year history.

Adoption of Microsoft Office 2010 is expected to be speedy as it’s been tested by more than three times the usual numbers, a total of 8.6 million users, according to Business Week. Chris Capossela, a senior vice-president in the Office group said, “This version will be the best ever in terms of adoption speed both because of the interest we are seeing and the Windows 7 adoption curve.”

In the recent economic recession businesses have not been spending as much on technology although the new software must surely boost Microsoft’s business fortunes as much of its revenue comes from Office. An analyst at Goldman Sachs Group Inc., Sarah Friar, who recommends buying Microsoft shares, described it as a “precarious recovery.”

Previous to today Microsoft shares had dropped 5.2% this year but today as of 11:06 am on the New York Nasdaq Stock Market they rose 45 cents to $29.33. For more on this story go to businessweek.com. Do you think Office 2010 will go a long way to reviving Microsoft? We’d be interested to hear your thoughts on this.