But before we enter the data, let's first correct our definitions. On-Premise CRM and Cloud CRM were explained Premium CRM systems, as the name suggests, are CRM systems installed on your company's servers. You will need to purchase licenses for all employees who use the system. The entire database is also on your own servers. The software licenses are usually sold as a one-time purchase. However, modules are constantly evolving and may lead to additional costs. But before we enter the data, let's first correct our definitions. On-Premise CRM and Cloud CRM were explained Premium CRM systems, as the industry list name suggests, are CRM systems installed on your company's servers. You will need to purchase licenses for all employees who use the system. The entire database is also on your own servers. The industry list software licenses are usually sold as a one-time purchase. However, modules are constantly evolving and may lead to additional costs. Cloud CRM is the complete opposite. You do not need to install it on your company servers. The service is on the cloud and you do not have industry list access to it. The database is also stored on the provider's server. Payments are usually collected by annual or monthly subscription. So which one should you use? Well, to figure that out, you will need to consider certain factors. Your industry list business The most obvious factor to consider is your business. Each business also changes its structure and financial status. All of this can influence the type of CRM solution that is best for you.