ERP systems can be implemented in a variety of settings, including on-premises, in the private cloud, the public cloud, and even in a variety of hybrid scenarios with diverse environments. These ERP programs can be implemented based on business needs. Let’s examine the salient advantages of each ERP deployment strategy that would be most beneficial to your company. 1. Cloud ERP The cloud-based ERP software is hosted in the cloud and provided as a service online. The provider of cloud-based ERP solutions handles routine upkeep, security, and updates. Due to its numerous advantages, such as low initial costs, simple integration, high agility, and productivity, etc., cloud ERP is now the ideal deployment technique. 2. On-premise ERP Software that is installed on-site gives you complete control and is regarded as the standard method of software deployment. The data center at your chosen location has the ERP system installed. The team is in charge of the software’s installation and maintenance. Due to the cloud ERP’s agility, many businesses that had been using on-premise ERP systems are now upgrading to them. 3. Hybrid-ERP Particularly relevant for businesses seeking the advantages of both on-premises and cloud ERP deployment to satisfy their objectives is hybrid ERP. In this case, some applications and data will be saved in the cloud while the remainder will be saved on-premise in accordance with business needs. Hybrid ERP is frequently referred to as a two-tier ERP system. 4. Open-source ERP For certain businesses, open-source ERP is a highly affordable and cost-free choice. Many open-source ERP suppliers offer free assistance to businesses in the implementation of their software. In addition, if the consumer needs access to the cloud, they might charge a very low annual fee.