MIP can be used and deployed either in the cloud or on-premise.  You can also switch between the two at any point regardless of what version you’re on or which version you originally deployed.  Using MIP Cloud, you have access to MIP’s new “Modern” user interface.  The database is also stored at a tier one data center where industry best practices are used for backups and disaster recovery.  The on-premise solution is installed on a server and utilizes MIP’s “Classic” user interface.