Microsoft recently made an interesting announcement at TechEd 2014, where they mentioned that several new Office features would be available only in the cloud (Office 365), and not in the installed versions of Office. Granted, some these were big data features like Office Graph that require processing power not typically available on PCs. Beyond those, however, were a number of additional features that are coming to both platforms, but will make it to Office 365 before Office itself.
This is a big change from just a couple of years ago where Office 365 lagged behind office. Microsoft has been saying that cloud is the top priority for a while now, but actions speak louder than words, and in this case, Microsoft is prioritizing an up-and-comer over a perennial cash cow business.
All of this makes me wonder whether what we're seeing in 2014 represents the tipping point for cloud adoption. It certainly seems that way.
And folks in IT, take note: this will definitely impact the skills required for you to stay gainfully employed over the next few years.