A cloud PBX costs less than an On-Premises setup. When it comes to cost comparisons, the on-premises setup requires initial setup costs. This includes the infrastructure costs and the cost of setting up by hiring an expert. In the case of a Hosted PBX solution, all the setup, installation, and maintenance is handled at the Provider’s end. The On-premises setup adds to the maintenance cost since the maintenance and hardware up-gradation has to be done by the business itself. In addition to this, the security requirements of the communication lines also demand an additional cost. In the case of a Hosted setup, the security and maintenance are provided from the Provider’s end.
Cloud-based communications and cloud-first approach always leads to better productivity and cheaper rates in the long run.