Office 2013 (local) vs. Office 365 (cloud)

For the moment we are primarily interested in using the main Office 2103 apps from the user Desktops. (We do not want users to even store documents on the cloud)
1. Is there a URL indicating the feature differences between local and cloud Office 2013?
2. If we install the suite locally and Microsoft updates the cloud based version, I presume our local verisons will
not be updated automatically. Is that correct?
TIA,
edm2

FWIW, Office 365 desktop applications are Office 2013  and are installed locally, on your desktop, just like every other previous version. Storing documents in the cloud is optional with all versions of office, either subscription or the perpetual license
version.
1. Which office suite are you looking at? The subscription is office pro plus. See http://products.office.com/en-us/buy/compare-microsoft-office-products for the non-subscription offers.   Also, the perpetual license doesn't get a license for ipad/android
tablets. 
2. You'll be able to install updates as you do now using windows updates, but the updates may not be available for days or weeks after the click to run versions. (So far this isn't happening, but it could in the future.) 
Diane Poremsky [MVP - Outlook]
Outlook & Exchange Solutions Center
Outlook Tips
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