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AndyAinscowFlag for Switzerland

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Office 365 - Is it installed locally on a PC

I've been trying to find some information about office 365 on Microsoft sites but there are a couple of points I'm not clear about.

Are the programs actually installed locally the way a 'classical' office installation would?  In particular in VBA I will have a code snippet like
xxx = CreateObject("excel.application")

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- would that create problems ?

Also
Is storage and access of files and templates still possible on a local hard disk / network server ?
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Manoj Bojewar
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Thanks.
So files/templates should be OK.
What about the first bit - code with things like: CreateObject("excel.application") ?

ps. With the automation there are also settings like this (VBA references) for the automation support:
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>>Except office 365 office require internet connection for license verification.
Do you mean you must have an internet connection to use office 365 or is it a one off.  (The classical office versions require an internet connection for a one off verification).
Every 30 days it checks to ensure that your subscription is still active.
>>Every 30 days it checks to ensure that your subscription is still active.
OK, that makes sense.

Would you happen to know about the code - CreateObject - part of the question?
why wouldn't it work.. Excel is excel .. vba is vba..
>>why wouldn't it work.. Excel is excel .. vba is vba..

I'm asking because I have no experience of just what the office 365 installation installs locally and what it gets from the internet.  I hope it will work without problems as it did before - but I don't want to go on site and find it doesn't.  It is embarrassing and wastes my and other peoples time.
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Thanks