Are on-premise ERP days are over?

Gartner, recently came out with "Top End User Predictions for 2010" which are published below:

• By 2012, 20% of businesses will own no IT assets
• By 2012, India-centric IT service companies will represent 20% of the leading cloud aggregators in the market
• By 2012, Facebook will become the hub for social networks integration and Web socialization
• By 2014, most IT business cases will include carbon remediation costs
• In 2012, 60% of a new PC’s total life greenhouse gas emissions will have occurred before the user first turns the machine on
• Internet marketing will be regulated by 2015, controlling more than $250 billion in Internet marketing spending worldwide
• By 2014, more than three billion of the world’s adult population will be able to transact electronically via mobile and Internet technology
• By 2015, context will be as influential to mobile consumer services and relationships as search engines are to the Web
• By 2013, mobile phones will overtake PCs as the most common Web access device worldwide

I feel interested most for the very first point. Does it say that all ERPs will move to clouds or at least towards SaaS model? If we go little deep into the report, we will find statements like, "Cloud computing, which abounds with opportunities to shift IT resources outside the enterprise, help boost liquidity and rebalance short and longer term financial commitments" which again points us towards the same result. I understand that 20% is not a large number but this is definitely a shift from the earlier strategy of deploying on-premise ERP solutions by almost all organizations specially in medium to large category and SaaS models were largely limited to smaller organizations. As usual , ERP world is changing and at a good pace!