What is On-Premise?
On-premise refers to the type of enterprise resource planning server that is not hosted in the cloud and requires internal, onsite infrastructure to run the system and store company data. An on-premise, physical server is a more traditional solution for ERP software and data storage.
What are characteristics of an on-premise solution?
An on-premise solution hosts the system on-site and is maintained solely by the organization. While the cost upfront is higher, companies purchase the hardware and software licenses instead of paying a subscription fee. Upgrades are determined by the business, meaning the decision of whether to upgrade to a new release lies with the company.