Microsoft announced earlier this year that they are going to place all of their Microsoft Office desktop and cloud-based Office 365 software applications under one umbrella in a renewed effort to push their cloud-based subscription model.
Microsoft will still sell their existing desktop versions, but these will not be as “fully featured” as the upcoming cloud-based versions (note that any Microsoft software that ends in 365 is their cloud based software). It’s becoming very apparent that whether you’re a home user or a large company, Microsoft wants you to buy the cloud version of their products going forward.