The video tutorial by Jennifer Nicholson discusses the two main deployment options for ERP systems: on-premise and cloud solutions. On-premise solutions require physical installation and maintenance by in-house IT staff, while cloud solutions are hosted and managed by the vendor. Each option has its own costs, benefits, and security considerations. The video emphasizes the importance of understanding these differences before making a decision. It also highlights the need for thorough planning and development regardless of the chosen platform. The tutorial concludes with a brief mention of the next lesson's focus on project initiation.

What is a key factor to consider when choosing between on-premise and cloud ERP solutions?

• The color of the server room

• The type of internet connection

• The deployment model

• The number of employees

Which of the following is a characteristic of on-premise ERP solutions?

• Requires in-house IT staff

• Hosted by the vendor

• Automatic updates

• No upfront costs

What is a common concern executives have about cloud ERP solutions?

• The color of the interface

• The number of users

• Data security

• The type of hardware

What is an advantage of cloud ERP solutions over on-premise solutions?

• Requires more physical space

• Best-in-class security

• Less frequent updates

• Higher upfront costs

Why is understanding deployment models important for ERP implementation?

• To increase the cost of implementation

• To ensure the ERP runs smoothly day-to-day

• To choose the right color for the software

• To reduce the number of employees