Discuss the advantages and disadvantages of hosted software model.

What will be an ideal response?

Hosted software offers a decreased total cost of ownership. It has a faster system start-up. Hosted software also offers a lower implementation risk. The management of systems is outsourced to experts. However, hosted software has its share of problems as well. There are potential issues regarding availability and reliability. There are also data security issues. In addition, there are potential problems integrating the hosted products of different vendors. And while the management of systems is outsourced to experts, the savings anticipated from outsourcing may be offset by the increased effort to manage vendors.