What deployment model does NetSuite primarily utilize?

NetSuite primarily utilizes a cloud-based deployment model, which means that all components of the ERP system are hosted in the cloud, accessible via the internet. This model offers significant advantages, such as reduced infrastructure costs since organizations do not need to maintain physical servers or IT staff for ongoing management of hardware. It also provides ease of access for users anywhere they have internet connectivity, enabling real-time collaboration and data sharing.

The cloud-based model allows for automatic updates and scalability, where businesses can easily adjust their resources as their needs evolve. This setup supports a multi-tenant architecture, meaning multiple customers share the same infrastructure while keeping their data separate and secure.

In contrast, on-premise and local server models require businesses to host and maintain their own hardware, which can lead to higher capital expenses and require significant IT resources. A hybrid cloud model incorporates both on-premise and cloud solutions, which is not the primary approach that NetSuite takes. Thus, the cloud-based option rightly reflects NetSuite's innovative approach to ERP deployment, aligning with the trends in technology towards increased flexibility, lower costs, and easier access to essential business applications.