ERP software can be implemented in 3 different modes: On-Premise, Cloud and Hybrid. The three methods come with their own advantages and caveats. Depending on the nature of your business and the size of your enterprise, you can choose from any of these implementation modes to achieve business efficiency.
On-Premise : The traditional face of ERP software where the entire data resides on company’s internal servers. The hardware required for operation is managed by the clients’ own IT staff.
Cloud ERP : The responsibility of hosting the data lies with the vendor. The data is stored on a remote server (internet cloud) and is accessed by the client over the internet.
Hybrid ERP : A combination of the above two models, it stores portions of data on-premise and also on the cloud as per the client’s discretion. Ease of installation, vendor support and greater mobility are some of the benefits.