“India’s Booming Cloud Market is set to Be Worth $4.1 Billion By 2020,” Forbes’ validation has strengthened the morale of the Enterprise India. It is no longer just about the potential benefits of Cloud that is the driving force behind the conversion. Rather it is the testimonials of the CIOs who have been navigating the Cloud Market to enhance their business functionality, cost-effectiveness and overall management.
Cloud is the new standard across the industries, with CIOs trying to partake in the revolution as it happens. We spoke to the local market players to get their insights about the factors that have contributed to the growth of the Cloud Business in India.
FACTORS THAT LEAD TO THE GROWTH OF CLOUD IN INDIA
The Indian market landscape has changed tremendously over the last couple of years. With the increasing accessibility of the internet and the services that come with it, businesses are benefitting from an open economy that allows them to navigate the market more freely than ever before. Just as the Internet can be accredited to have broken the barriers that were previously limiting the economy and businesses, so has the Cloud taken on the mantle now.
Talking about the effect of Cloud in the corporate world, Rakesh Soni, Cofounder and CEO of LoginRadius, said, “A corporate ‘no-cloud’ policy is soon to be a thing of the past. Soon a no cloud policy will be as rare as a no internet policy is today in organizations. A few years ago, companies were hesitant towards moving to the cloud, experimenting with smaller applications at first. But in the last few years, it has witnessed a dramatic change. Today, as part of digital transformation, companies are moving most of their IT workload to the cloud.”
As Cloud becomes the norm in the Indian Enterprises, it becomes important to understand the value, efficiency and effectiveness that using the Cloud bring to the business. This deconstruction will allow the businesses to identify the opportunities that Cloud delivers on. And so going back to the initial realization of this immense potential, Rajeev Papneja, Chief Technology Evangelist, ESDS observes, “The initial factors that drove the growth of cloud computing in India were cost savings on purchases combined with the freedom from management & maintenance of Datacenter, the hardware & software to a large extent.”
This highlights an acknowledgement of the Cloud as a better alternative to the traditional Data Centers. Not just in terms of cost-effectiveness, but also as an arrangement that allows remote accessibility and is conducive to innovation in the business operations. Cloud Computing, then becomes a solution for businesses aiming at a more streamlined management of data.
“Businesses demand more agility to make sure that they can launch new services to give them an edge in a competitive market. In the process they are making an effort to get the data & applications and delivered services closer to the customer. And those data centres tend to be cloud oriented infrastructure. Companies are on a lookout for better ways of doing things, cloud being a solution to get things done more rapidly,” said Riyaz Tambe, Head of Systems Engineering, India and SAARC Palo Alto Networks. Cloud offers the businesses a competitive edge in the industry that stems from an enhanced deliverability when it comes to dealing with customers.
This movement of the Indian Enterprises towards the adoption of Cloud, is multi-faceted, the government playing as important a role as the technology itself. “Although the country is still overcoming inconsistencies in high-speed internet connectivity, power supply, bandwidth, and optical fiber connections, interest in the cloud is being driven by the increasing need for business innovation and agility, the ability to scale fast in a competitive market, and the government’s thrust towards Digital India,” comments Forbes.
You can read up to 3 premium stories before you subscribe to Magzter GOLD
Log in, if you are already a subscriber
Get unlimited access to thousands of curated premium stories, newspapers and 5,000+ magazines
READ THE ENTIRE ISSUE