ON PREMISE TYPICALLY HAS THE HIGHEST UPFRONT AND INTERNAL IT COSTS
On-premises software (sometimes abbreviated as "on-prem") is installed and runs on computers on the premises (in the building) of the person or organization using the software, rather than at a remote facility such as a server farm or cloud.
On-premises software is sometimes referred to as Shrinkwrap” software, and off-premises software is commonly called software as a service or “cloud computing
SAP Business one premises
On-premises software (sometimes abbreviated as "on-prem") is installed and runs on computers on the premises (in the building) of the person or organization using the software, rather than at a remote facility such as a server farm or cloud.
Advantages
- Leverage existing investments - Reduce costs by using the hardware and software you already own
- Easily connect with legacy systems - While most cloud solutions can connect with existing equipment, on-premises solutions can always do so.
- Guarantee predictable performance - On-premises solutions are not subject to fluctuations in performance or availability due to the Internet (although on-premises solutions are not necessarily faster than hosted ones).
- Support compliance requirements - Ensure compliance with security and other policies that require on-premises solutions.