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Online software versus hosting your own software....

There are several variables that need to be considered when deciding whether or not to purchase software or to use an online version.  It is similar to a typical Buy versus Rent decision.  So it is not surprising that most people still want to "own" their software rather than "rent" it.  However unlike a house or land, the value of software does not appreciate even if you upgrade it as new versions are made available. 

Our financial model will enable you to evaluate the initial costs to purchase the software as well as the cost to maintain it.  We found that it is cheaper for our clients to use an online version (ASP Model) as well as safer and more convenient.  The hosting company ensures the data is regularly backed up and upgraded to the most current version.  In addition, most hosting companies co-locate your data, meaning that your data is typically stored on more than one server and in more than one location.  In short, co-location ensures your data is safe and always accessible.

Use our model to analyze your own quotes.  If you need help, post your questions as a Comment to this topic and we'll be sure you get the support you need to make the right decision!

 

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Online vs Software Analysis.xls23.5 KB
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