On premise | Online | ||
Pros | Cons | Pros | Cons |
Less expensive long term | Higher Up-front costs | Low IT infrastructure investment | Expensive over time |
Stronger integration benefits | Require In-house IT skills | Fast to deploy | Limited advanced customization capabilities |
Rich customization capabilities | IT infrastructure requirements | Predictable Per-user, Per-month Price | Limited integration benefits |
Data and risk management handled locally | IT infrastructure handled by 3rd party | Data Handled by 3rd party |