So far, people were using some old or new updated version of Microsoft office and the latest in that series was Office-2019 which have all the facilities of doing word processing, powerpoint presentations, Excel sheets management, Outlook, and many other utilities. One has to buy Office-2019 as a one time purchase and one then owns it.
Now with the introduction of Office-365 which is almost an updated Avatar of Office-2019 the whole gamut of using Microsoft Office changes because this Office-365 is a subscription model and requires that the user pay an amount every month as the rental of the facility depending upon the plan he subscribes to. This is a cloud based application and a good amount of storage also comes free with these plans.
It is very difficult to say what are the things that there are in Office-365 which one cannot do in Office-2019 but yes Microsoft claims that there are some exclusive features in Office-365 which are not available in Office-2019. For example in Office-365 there is a special feature named as 'PowerPoint Designer'. There is some artificial intelligence embedded with this feature which guides the user for replacing his slide show presentation format by a more attractive and appealing format as per the theme, content, and purpose of the slide show. So, this looks quite impressive but we will know its exact worth only when we use it.
Office-365 comes in many version like for home users, small and medium-sized businesses, large enterprises, schools, and non-profit organisations etc and the subscription pricing for all are different. In some categories they will provide more licenses to make it still cheaper.
As a comparison the price of Office-2019 is approximately around $200 for buying it while an average subscription plan for Office-365 will cost around $10 for each month for whichever period one continues with it.
It is also to be noted that future of IT services or application utilisations are going to be more and more cloud based as that is the new pattern in which business is going to be executed and the user as well as the service provider both might be benefitted to some degree by this new arrangement.
Knowledge is power.