EPM Live can be used as a service or it can be installed on your own server, you make this decision.  Using hosted EPM Live, you have a ready-to-use solution for which no installation needs to be done, neither you need to buy licenses separately.  Hosted EPM Live has the same functionalities as when it gets installed on your own server.  At a later time, when your business has grown and you’re ready to install EPM Live on your own server, then all data can easily be transferred to your own implementation.