Cloud Computing in India – A Viable Choice for Businesses
Cloud Computing is becoming the latest buzzword in the IT field and is gradually emerging as a viable choice for businesses of all sizes. It is a subscription-based or pay-per-use service that in real time and over the Internet extends existing capabilities of Information Technology. It is revolutionizing the way we have come to use the PC.
India is fast emerging as one of the cloud computing providers and there is a $1 billion worth of opportunity waiting to be tapped into but Indian firms are yet to bite. Can you imagine India has 1.4 million developers, over 11000 system integrators and more than 1300 independent software vendors? Rapid development in cloud computing might enable Indian firms to find some solution to tackle the growing discussion on outsourcing.
Today India may not have that many clouds or data centers but the scenario is changing fast. The internet usage will double or triple in the next three to six years in India following the 3G auction. The fact remains that enterprises are yet to fully comprehend the actual benefits of private clouds, public clouds or even Infrastructure as a Service (IaaS), PaaS and Software as a Service (SaaS).
The Indian IT industry, which grew from a $100 million and has crossed the $50 billion mark in 2010, relies mostly on outsourced software work. Organizations have started evolving to be not just being provider of software solution to software utility companies.
India’s Potential in Cloud Computing
The reasons why the world may sit up and take notice of India’s immense potential to be a cloud computing leader are:
- Decrease in capital expenditures as the cloud will help manage costs.
- The country’s unique demographics.
- IT spending in India is one of the highest in the world and there is ample scope for IT adoption, be it by way of enterprise, the private or the ITES sectors.
- India has the world’s fastest growing mobile market
- India has not yet reached saturation point.
- Moreover no other region in the world can provide the platform vendor access to the end to end IT ecosystem.
Experts predict that cloud computing in India will hit a new high and will invariably become the global hub with a huge rise in number of data centers in India that aid global transition of IT companies to cloud computing.
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