Cloud infrastructure is a general term that basically means using shared computers and network equipment for your own purpose. Cloud providers sell their resources to multiple tenants, so costs are shared the same way an electric grid is shared by a city, instead of everyone having their own generator. Lowering electrical cost is probably the best reason for using cloud infrastructure in The Bahamas, because computers in places with less expensive electricity can be used. Instead of having hardware consuming electricity all the time, cloud providers allow tenants to consume more resources during peak periods and scale those resources back down during slow periods.
Hosting your own servers requires backup generators, extensive cooling systems, and a whole room to be secured. A fulltime IT guy or whole IT department is needed to manage all these resources, so salaries and depreciating assets become a burden on the P&L. Square footage is a precious resource, and can be very expensive to rent, so using it for servers is another unnecessary expense. Securing a cooled room just for servers is not the best use of real estate, so hosting servers in the cloud eliminates this wasted space.
Businesses competing on a global stage need to be up all the time to meet the demands of customers around the world. Cloud providers are the absolute best at keeping resources highly available and have extensive redundancies for recovering from disasters. Instead of running QuickBooks on a laptop that can crash or be stolen, run QuickBooks on a cloud server. Compings can manage the server for you by taking backups and making sure QuickBooks is always available from any computer.
You do not need to buy servers to implement complex business processes because we can deploy services to the cloud for you. The capabilities of your existing systems can also be extended by using services in the cloud for integration and automation. Information on cloud infrastructure is owned by you and is not accessible to the hosting company. Cloud servers are also more secure than on-premise servers and are far less likely to fall victim to ransomware attacks.