I have written about the comparison of on-premises versus SaaS costs before, but both sides passionately defend their assertion that their option is cheaper in the long run. In terms of the return on investment (ROI), on-premises solutions will argue that your purchase and ownership of the software will pay for itself within 3 to 5 years’ time, especially as the monthly subscription never ends with Cloud SaaS pricing. Cloud solution vendors assert that there are several hidden costs associated with on-premises ownership, including more training, support, consulting, as well as upgrades, updates, and hardware.
The important thing is to do the math yourself – get all the details about outside costs that you will have to afford with both solutions and do the math for a 3-5 year span. Then, know that, with SaaS, you’re not renting to own – you’re paying the Cloud host to provide the comprehensive service of hosting your data, without any IT