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On-premise

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On-prem” is another way of stating “on the premises of a controlled IT environment that is not cloud-based.” This term is used to qualify an IT resource as an alternative to “cloud-based.” An IT resource that is on-premise cannot be cloud-based, and vice-versa.

Note the following key points:

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Snippet from Wikipedia: On-premises software

On-premises software (abbreviated to on-prem, and often written as "on-premise") is installed and runs on computers on the premises of the person or organization using the software, rather than at a remote facility such as a server farm or cloud. On-premises software is sometimes referred to as "shrinkwrap" software, and off-premises software is commonly called "software as a service" ("SaaS") or "cloud computing".

The software consists of database and modules that are combined to particularly serve the unique needs of the large organizations regarding the automation of corporate-wide business system and its functions.