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Whats the difference in “on-premise”,”hosted”, and “cloud”?

Cloud hosted on-premise
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Whats the difference in “on-premise”,”hosted”, and “cloud”?

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“On-premise” deployments typically refer to installations of software on hardware owned or leased by an end-user. The majority of offerings Red Hat provides to end-users today are utilized in “on-premise” deployments. Cloud computing with Red Hat Enterprise Linux provides an alternative for users seeking an alternative to purchasing or leasing their own hardware and facilities or committing to fixed hosting contracts. As the offering provides “cloud”-based web services, customers can very easily scale up and down their compute power as the demands on a business fluctuate.

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