Panda "Cloud" anti-virus ....?

All the anti-virus products in the near future will be following the "cloud" version of Panda...that is the new generation of anti-virus detection..supposed to be almost 99 % accurate and will catch more things than the normal AV product.......I am getting this information from the current security blogs and reports i have been reading...also it will take up 50 % less space than the regular AV products.