IT company tackles forex challenges to boost productivity


Ready In order to significantly improve business productivity, Layer3Cloud, an indigenous cloud service provider based in Nigeria, said it will tackle the challenges faced by businesses when accessing currencies.

The company, in a statement from Chief Sales Officer, Theresa Adeyinka, said the platform will provide secure and scalable cloud solutions to individuals, businesses and public sector bodies in Nigeria and on the continent.

She said Nigerian organizations don’t have to go through stressful ways to get foreign currency.

The statement said in part: “Layer3Cloud is building one of the most robust cloud platforms in Africa. By leveraging this platform, it provides fast, secure and scalable cloud solutions to individuals, businesses and public sector bodies in Nigeria and across the continent. Its current offerings range from virtual data centers and virtual servers to disaster recovery as a service and backup as a service. »

The company said it also provides colocation services, helping businesses migrate to the cloud.

Nigerian organizations haven’t had to go through the stress of sourcing foreign currency just to pay for the cloud resources they use, he said, adding that they could save millions of naira by working with a local cloud service provider.

This step could also allow them to plan their operating expense budgets with much more certainty, the firm noted.

Explaining further, she said cloud computing is transforming the way people and organizations communicate and use digital content.

According to her, “Nigeria is part of this revolution. A large number of businesses in the country use cloud-based tools on a daily basis. From internal communications and data backup to human resource management and accounting, these organizations are using the cloud in many ways that benefit them.

“However, for many of these companies, access to cloud services comes at a cost. The cloud resources they use are provided by foreign providers. Accordingly, they must pay these service providers in the currency of their home country.


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