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What are the advantages of a hosted SharePoint vs. one that is on an in-house server?

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What are the advantages of a hosted SharePoint vs. one that is on an in-house server?

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Ans: * No hardware investment, i.e. lower costs * No software to download – ready to start from the word go * No IT resources – Anyone who has used a Web program like Hotmail can use it * Faster deployment.

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