What is a major benefit of utilizing OneStream Cloud?

Prepare for the OneStream Implementation Foundations Exam. Study with flashcards and in-depth multiple-choice questions, complete with hints and detailed explanations. Ace your exam with confidence!

Utilizing OneStream Cloud offers significant scalability and reduced IT overhead, which are key benefits. With cloud solutions, organizations can easily adjust their resources based on current needs, allowing for expansion or contraction without the need for extensive infrastructure changes or investments. This flexibility is particularly valuable for businesses in dynamic markets or those anticipating growth.

Additionally, OneStream Cloud operates on a managed platform, which alleviates much of the IT burden associated with on-premises solutions. Companies do not need to maintain physical servers, handle updates, or manage backups, as these tasks are typically managed by the cloud provider. This streamlining results not only in cost savings but also enables IT teams to focus more on strategic initiatives rather than routine maintenance, ultimately improving overall efficiency and productivity.

This context highlights why the other choices, which suggest increased manual work, limited user accessibility, and higher costs, do not align with the advantages that OneStream Cloud provides. Companies leveraging cloud technology are likely to see improvements in collaboration and access, resulting in more efficient processes rather than increased manual workload or costs.

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