Communications Lesson

On Premise VS Cloud

Simply put, the difference between on-premise vs cloud software is the location. On-premise software is installed and runs on a company's own hardware infrastructure, and is hosted locally, whereas cloud software is stored and managed on the provider's servers, and accessed through a web browser or other interface.

Lesson Script

What This Video Covers

Simply put, the difference between on-premise vs cloud software is the location. On-premise software is installed and runs on a company's own hardware infrastructure, and is hosted locally, whereas cloud software is stored and managed on the provider's servers, and accessed through a web browser or other interface.
Insurance Terms to Know

Named Storm Deductible

A named storm deductible applies when damage is caused by a named storm, as defined by the policy and applicable rules.