Cloud computing brings financial benefits to companies , such as reducing initial infrastructure and hardware costs , the pay-as-you-go model and the elimination of maintenance and equipment upgrade expenses , to name a few .

When comparing on-premises solutions with cloud computing offers , the latter stands out in flexibility , making it easier to scale resources according to the company ’ s needs , facilitating work and improving productivity .

interruption . In other words , we are talking about cloud services in the form of Infrastructure as a Service ( IaaS ), Backup as a Service ( BaaS ), storage , disaster recovery and the possibility of having hybrid cloud and data center services .

What do organizations need when thinking about cloud solutions ? Some examples are on-demand infrastructure resources for workloads , storage , backup , disaster recovery , networking , telephony and security . Additionally , they contract services for effective , optimal and secure data storage and management .

Likewise , they also hire services that allow data recovery in case of a disaster or major failure , thus preventing production downtime or service

Taking into account the significant challenges that companies face in the remainder of 2023 and looking ahead to 2024 , InterNexa highlights the three most relevant advantages of the cloud for businesses in the remaining months of 2023 :

1 . Data backup and recovery : The cloud offers automatic data backup and recovery options , allowing companies to protect their data effectively . Data can be quickly restored in case of failures or disasters , minimizing downtime and ensuring business continuity .

2 . Collaboration and teamwork : With cloud computing , employees can collaborate more efficiently on projects , share documents and edit them in real-time . It facilitates communication and collaboration between teams , even in different geographic locations .

3 . Accelerated innovation : By using cloud services , companies can quickly access innovative tools and technologies without additional resource investments . It enables them to experiment , test new products and services and launch innovations more agilely , providing a competitive advantage in the market .

34 INTELLIGENTCIO LATAM www . intelligentcio . com

Intelligent CIO LATAM Issue 28 | Page 34

Cloud computing brings financial benefits to companies , such as reducing initial infrastructure and hardware costs , the pay-as-you-go model and the elimination of maintenance and equipment upgrade expenses , to name a few .