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Infographic Friday: Cloud vs. Premise Software

cloud-vs-premise-header

In a session at the 2014 ABA TECHSHOW, two speakers compared law firm practice management systems in the cloud and on premise. From the speakers’ vantage point, premise-based solutions tend to be more robust, have a greater capacity for customization but generally cost more.

Cloud products, on the other hand, tend to be less expensive because these solutions do not require an upfront investment.  In addition, cloud-based solutions are usually sold on a subscription model which provides predictability in budgeting.

Interestingly, in a survey we published earlier this year, about 15% of attorneys said they thought cloud would surpass premise in three years; another 39% said in thee-to-five years, and another 34% said it would take five or more years.

It’s important to note that there are advantages and disadvantages to both categories of software.  Usually what works best depends on a law firm’s needs, it’s size and the business case developed for practice management (we’ve developed a 2-minute online quiz to help you figure out which solution is right for you).

Even so, it’s useful to be able to a breakdown of exactly what the benefits and drawbacks of each approach are, which brings us to today’s infographic.  We first spotted this one on Pinterest. While the infographic is geared broadly at business software, it is quite applicable to legal software and law firm practice management solutions.

The complete infographic follows below, and here are some additional related blog posts readers might find helpful:

Infographic:  Cloud Software vs. Premise Software

Cloud-based-vs-premise-software

If you enjoyed this post, you might also like:
Infographic:  Law Firms are Warming Up to the Cloud 

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About Frank Strong

Frank Strong
Frank Strong is the communications director with the LexisNexis software division located on NC State’s Centennial Campus in Raleigh. In this capacity he leads communications efforts in support of software products for law practice and law department management and also litigation tools – across large law, small law and corporate counsel segments. With more than 15 years of experience in the high-tech sector, Strong previously served as director of public relations for Vocus, which developed marketing, PR and media monitoring software. He has held multiple roles both in-house with corporations, ranging from startups to global organizations, and has also endured the rigors of billable hours, having completed gigs at PR firms including the top 10 global firm Hill & Knowlton. A veteran of two year-long deployments, Strong has concurrently served in uniform in reserve components of the military for more than 20 years, initially as an enlisted Marine and currently as an infantry officer in the Army National Guard. Strong holds a BA in Film and TV production from Worcester State University, an M.A. in Public Communication from American University, and an M.B.A. from Marymount University.
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