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ACQ1MACQ2OACQ3OVendor: Integration with Third Party Product (Y/N)Vendor: Customization (C) or Not Available (N)Vendor: Configuration (C) or Scripting (S) or Both (B)Rest No. Vendor: Premise (O) or
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On-premise refers to software and hardware that are hosted locally on an organization's infrastructure, while cloud computing involves services hosted on remote servers accessed via the internet.
Organizations using on-premise solutions are typically required to file reports based on their local regulations, while cloud users must file in accordance with the regulations governing the cloud provider's infrastructure.
Filling out reports for on-premise requires gathering data from local systems, while cloud reports can be completed using analytics and reporting tools provided by the cloud service.
The purpose of on-premise solutions is to provide control and security over data, whereas cloud solutions offer flexibility, scalability, and reduced maintenance burden.
On-premise reporting usually includes local database information and usage statistics, while cloud reporting involves usage data, performance metrics, and compliance information dictated by the service provider.
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