Cloud Computing Adoption Grows in India
Keywords: Cloud Computing, IBM, Infosys, Microsoft, Oracle, SAP, TCS, Wipro, Cyber Space.
Cloud computing offers many companies the potential to increase agility and scalability and lower operational expenses. As a result, the cloud services market in India is growing at a significant pace despite some perceived and actual challenges such as data security, compliance (privacy laws, local laws) and concerns over uptime. Overall, the cloud market growth rate in India is outpacing the global market by a wide margin.
Almost all IT vendors in India, including HCL, Infosys, TCS, and Wipro, have already made their presence felt in the market with their cloud offerings; with the latent potential for exponential growth. Many global players, such as Amazon, Google, IBM, Microsoft, Oracle, SAP, Salesforce.com, and VMware have tailored their cloud offerings to suit the domestic market. This is a two-way street: both Indian and global players (operating in India) are developing cloud strategies for the cyber space. India's up-to-date cloud market represents a lucrative option for suppliers that have adopted this technology.
Cloud has been successful in India for multiple reasons. India's IT industry is currently pegged at $100 billion and growing rapidly. One of the most significant reasons is the demand from global companies, which is met by the IT industry in India. However, the micro, small, and medium businesses (MSMBs), which tend to be budget-constrained when it comes to hiring information technology (IT) professionals and building IT infrastructure, find cloud computing beneficial in bringing down the cost of ownership.
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