We are aiming for feature parity between cloud management and on on-prem. In some cases there might be temporary gaps, until we complete support on both, but this is the goal.
In the future, on-prem will even be managed by the same web UI which you see today on the cloud management
Having said that, I do recommend organizations to use the cloud if they can.
Even if the features are the same, there are large operational benefits you get from using the cloud management:
On the cloud environment, it is our task to maintain the server, keeping it healthy and happy. This is a load we are taking off your hands. Saving you time and money.
Also, as we manage thousands of such environments, there is a very high chance that any issue that will happen on your env. is something we have already seen before and know how to fix. Or even better, something we already seen before and therefor mitigated it on your env. before it even happened.
We understand some orgs can’t move to cloud management due to regulations or internal constrains and therefore we will keep giving them a similar on-prem capabilities.