Nope, there's no money in on-prem software licensing...

"I'm not dead yet!"

To be honest, just because Microsoft is pushing -- HARD -- for forcing all sales to be "cloud services" (by cutting the rate they pay their resalers for boxed copies of software and increasing the rate they pay for "cloud" versions of essentially the same software), doesn't mean that on-site licensing is dead, or even in bad shape.

There are types of software where this is possibly the case -- e-mail, for example, there could be legal, or compliance, or "we have custom software" reasons for on-site e-mail service, otherwise it's a hard sell to sell on-site software versus web-mail, hosted POP or IMAP, or (god forbid) hosted Exchange.

Otherwise, I'm seeing plenty of cases were people and businesses want to buy the software when they get the computer, and be done with it. Over the lifetime of a computer, they could be getting a "better" deal using online subscription compared to buying 2 or 3 major versions of some software. But they aren't buying 2 or 3 major versions, they're buying one and not worrying about it getting out of date; they'll buy the new version when they get a new computer. (Except the accounting software, which must be updated regularly to have the proper tax tables. Probably another good candidate to move away from on-premises licensing since it has to be purchased every year anyway.)