On Top of Cloud
On Top of Cloud | The Knowledge Review
On Top of Cloud | The Knowledge Review

The Indian public cloud services market is expected to accelerate by 38 percent from a total of $1.81 billion in 2017 to $4.1 billion in 2020. This growth will be powered by IaaS, which is predicted to expand at 49.2 percent in 2017, followed by 33 percent in SaaS and 32.1 percent in PaaS. The increased usage of SaaS and PaaS are indicators that the migration of application and workloads from on-site data centers to the cloud, as well as the development of cloud-ready and cloud-native applications, are fueling growth in cloud space.

Indian companies are beginning to comprehend the complexities of the information and are prepared to embrace the cloud. The Thought Arbitrage Research Institute (TARI) demonstrates that small and medium-sized businesses can enhance cash flows by up to 308 percent, due to the flexibility offered by cloud alternatives and 96 percent of SMBs will have a beneficial effect on their operating expenses within two years of cloud use.

The transition from ‘cloud-first’ to a ‘cloud-only’ model is pushing India’s organizations to boost their expenditure on public cloud facilities to promote their digital company projects. To use and harness the advantages of cloud computing, the Indian government has embarked on an ambitious project “GI Cloud” called “MeghRaj”. The aim of this initiative is to accelerate the country’s delivery of e-services while optimizing government ICT expenditure. This will guarantee optimum use of the infrastructure and speed up the creation and implementation of eGov apps. According to IDC, the implementation of government cloud technology will create one million fresh employment in India by 2022. IT giants such as TCS, Infosys, You can try free edition in Vinchin and Cognizant are already building cloud solutions and products.

To summarize, exponential growth is right around the corner in the public sector and India is ready to reap the results.

– Anmol Preet Singh

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