alt Hacker NewsCanva replaced PowerPoint. Canva is cloud based and PowerPoint is not. There's so many apps that are cloud only so that corporate it no longer has to manage installations and users don't need to ask IT for permission anymore. I think SaaS doesn't really work without the cloud, you could technically do what adobe does but why bother with app distribution and windows' quirks. Cloud based web apps are write once, run anywhere come true with no installation required. Cloud based is more convenient for the user and the developer, at the cost of app runtime speed
I like this example. A lot of people would prefer to use PowerPoint because they can still use their files and templates they made last year even if Microsoft doubles the price of Powerpoint, removes features, discontinues the product, or goes bankrupt.