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The Forefront of Digital India
SME Channels
|November 2016
With enterprises convinced of the benefits reaped by deploying cloud technology, the choice is no longer whether to make the logical shift, rather a considerable amount of adoption is seen with IT services. Additionally, initiatives like Digital India and with IoT in full upswing, cloud services are being embraced at an ever increasing pace.
With the growing dependency of businesses on technology that drives time and value efficiency, Cloud Computing has emerged as a new era in IT and is at the top of the agenda for every CIO today. With organizations increasingly moving towards a digital business strategy, Market Monitor predicts the cloud computing market revenue to increase at a 36% compound annual growth rate (CAGR). This positions the cloud computing market at approximately $20 billion at the end of 2016. Cloud Computing’s adoption has seen a favorable ascent in the Indian context such that Gartner estimates it to account for bulk of IT spending in India in 2016, reaching over $3 billion.
In the Indian context, Cloud Computing is slated to have a direct impact on the how we do business and the benefits derived with primary concentration on SMB’s. Considering the accelerated growth of Cloud Computing, integration of the 3 cloud computing models namely – Saas, Paas, Iaas is anticipated. Eklavya Bhave, Head - Channels and Alliances, India & SAARC at Citrix shares, “For companies on the path of digitally equipping themselves, shifting to cloud computing has been the most natural progression. It’s very difficult for companies to move to cloud by investing only on one of the three models. There is no one right fit for all and investment in a particular model varies from customer to customer, depending on their needs. For instance, companies looking at adoption from a long term perspective should consider an integrated, synergized cloud computing strategy and would be best suited to invest in a combination of all three technologies.”
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