The work-from-home shift will moderate as a vaccine is deployed around the around and many workers return to the office during the course of 2021, the analyst said. "However, from an IT architecture perspective, the cloud shift will continue to gain speed as many CIOs aggressively go down the digital transformation path with MSFT's Azure/Office 365 footprint as the main enterprise cloud artery," Ives said. In a nutshell, the analyst said, Microsoft CEO Satya Nadella and his company "continue to lead a transformational cloud story" narrowing the gap with Amazon ( AMZN ) CEO Jeff Bezos and Amazon Web Services "into 2021, which combined will also have a major ripple impact for well positioned cyber security names protecting this cloud secular shift especially in light of the recent SolarWinds hack." Microsoft is a holding in Jim Cramer's Action Alerts PLUS Charitable Trust Portfolio. Want to be alerted before Cramer buys or sells MSFT? Learn more now.