What is a Hosted Solution?
It is a system or software application that is operated and maintained by another organization. These type of solutions are often times referred to as SaaS (software as a service). The provider licenses an application to customers for use as a service on demand, either through a time subscription or a pay-as-you-model.
HOSTED | LOCALLY INSTALLED | |
| COSTS | Lower predictable costs | Upfront capital investment |
| IMPLEMENTATION TIME | Short | Unknown |
| UPGRADES | Automatically | Manually by internal resources |
| SCALABILITY | Built for scalability | Requires additional investments and resources |
| ACCESS | Anywhere, anytime | Can be limited on security risks to internal systems |
EMPLOYEES | All work done externally | Varies, all work is done internally |
TECHNICAL SUPPORT | Experienced and focused on the solution | Usually not dedicated to a single system |
| SECURITY | Ensured | Unknown |
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