Indeed. For Visual Studio and their development-server (Team Foundation Server, TFS for short) they have had a significant shift over the last few years.
TFS is available online under the name Visual Studio Online (a web only offering), with first class integration with Azure.
Development is done there first, and then later, every now and then, a on premises release is available that organizations can install on their server.
And the last updates have had significant features available only through the TFS web-portal. They were not made available via the Windows-components, like the intergrations for Visual Studio on the desktop. If you wanted the improved features you had to go the web-portal.
I'm starting to question whether Microsoft themselves see any value in developing a Windows-parallel to what is already a good enough web-solution. And if they can't be bothered, why should anyone else?