Earlier quoted context omitted.
Something but not everything is suit for SaaS, not nothing either. I think Adobe CC is an example of useless cloud service. In fact I think the only reason Adobe insist on providing a cloud service is to avoid piracy.
Adobe CC is a sales experiment if you can extract subscription fees from tradition desktop software users. As a user I hope they fail. As a traditional desktop software vendor I hope they succeed.
I pay a yearly subscription for my IDE so I can get major updates.
If I stop paying the software doesn't stop working.
Adobe is just doing what adobe does best - extracting the most amount of money with the worst possible product they can.