Although there is still cloud support available across the apps of the new Microsoft Office 2019 suite, independence from the cloud — coming in the shape of an "on premises" version — is an excellent offering for the customers who do not need/do not trust/are not ready for the cloud. Obviously, there are some new features in the package as well.
https://www.notebookcheck.net/Cloud-independent-Microsoft-Office-2019-now-available-for-Windows-and-macOS.335312.0.html