In addition to a cloud-based and a hybrid version, Microsoft Dynamics 365 Finance and Supply Chain Management (D365FSCM), formerly F&O, is now also available for purely on-premises operation in a company's own data center or with a hosting service provider like Sycor.
Functionally, the scope of Microsoft Dynamics 365 Finance & Supply Chain Management (formerly Finance and Operations) is the same in the on-premises and in the cloud version. The benefit from our perspective lies mainly in the additional choice for customers, offered by Microsoft in response to clear market demand:
Even when Dynamics 365 for Finance and Operations is operated on-premises, it can be linked to other products such as Microsoft Dynamics CRM Online and other cloud apps in the Dynamics 365 portfolio. Conversion from all old versions to Dynamics 365 is offered for all existing Microsoft Dynamics AX customers. Here, customers can switch to the on-premises version – but also move to the cloud now or later on if desired. Interfaces for data storage in the cloud are not necessarily required for this version but are possible in hybrid scenarios. Microsoft offers optional cloud-based add-ons for big data and business intelligence applications, among other things, for Power BI and Azure Machine Learning. This makes it possible to switch from the company's own environment to the cloud and vice-versa.
Info: The Dynamics 365 family has been renamed. Microsoft Dynamics 365 for Finance & Supply Chain Management, previously called Finance and Operations (Enterprise Edition) is the previous Microsoft Dynamics AX and Microsoft Dynamics 365 for Finance and Operations (Business Edition) is the previous Navision.