Yes. Cloud Analyzer can extract and analyze iTunes backups from iCloud without the need to have the phone physically present in your lab.
Complete parsing of low level phone backup provides maximum data such as data from applications, including deleted data recovery. All versions of iOS are supported, including two-factor authentication.
Please note that this feature is very limited in additional functions of the classic MOBILedit Forensic Express. Data import, Physical Image creation, App Downgrade or Photo Recognizer will NOT work in the Cloud analyzer!
We are working on the capability to extract data from more cloud services in upcoming versions of MOBILedit Forensic Express.
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