Local vs. Cloud (SaaS).
There are countless types of software applications, but they generally fall into two categories: SaaS (Software as a Service) or locally hosted. Our product is locally hosted (it is not cloud based). Locally based software has many advantages, foremost among them is it allows you to cap your costs, control your data and actually makes you less vulnerable to outside ransomware and other cyber-attacks on your core software.
SaaS refers to a software distribution model in which applications are hosted by a third-party provider and made available to customers over the internet. Users typically access the software through a web browser. SaaS eliminates the need for users to install, manage, and maintain the software on their own devices. However, by far the biggest disadvantage to SaaS is it is charged on a per-user-per-month (PUPM) basis, so you never stop paying, and yet, you never have full control over your own data.