As mentioned earlier, companies in highly regulated industries or those that need to abide by specific and strict standards would do better in terms of compliance if they use on-premises software. Organizations that collect and keep the data of customers from the European Union (EU) are examples of those who can benefit more from on-premises program usage.
Hospitals and other healthcare service providers that need to strictly follow the mandates of Health Insurance Portability and Accountability Act (HIPAA), tech firms that should adhere to the regulations of the National Institute of Standards and Technology (NIST) Framework, and credit card providers that should follow the Payment Card Industry Data Security Standard (PCI-DSS) can benefit from on-premises software as well.