Cloud Technology Growth In India
As Information Technology advanced further to integrate artificial intelligence and machine learning in easing out tasks or congrue a predictive analysis, cloud technology continued to provide parallel support.
Apart from the on growing technological advancement through cloud integration, studies has signified the reduced carbon emission globally.
Cloud technology can credibly help companies in India decarbonize. With India's vibrant startup ecosystem already pioneering low carbon solutions, it is imperative that enterprises, public sector organizations, and policy makers factor in sustainability as a critical part of their cloud migration decisions.
As stated by Puneet Chandok, President Commercial Business – AWS India and South Asia, AISPL.
With the increased use of data in automating tasks and utilizing such for machine learning purposes, the data centre market in India is expected to grow at a CAGR of 16% from 2019-2024, the highest in the Asia-Pacific region.
As per the Gartner report, public cloud services would elevate further in India to a total of $4.4 Billion in 2021 which is 31.4% higher as compared to 2020. Remote work facilities in India has triggered a tremendous growth in SaaS (Software-as-a-Service) and increased dependancies on cloud technologies to further smoothen WFH.
Indian CIOs saw the benefits of cloud during the first wave of the pandemic in 2020. To build business resilience and minimize the impact of continued disruptions, investing in cloud is unavoidable. India has experienced consistent double-digit growth in cloud spending over the last three years, the pandemic only expedited the shift.
As noted by Sid Nag, research vice president at Gartner.
Google Opens Second Cloud Region in India
Digital growth in India has not been unnoticed as Google announced the opening of a new Cloud Region in Delhi-NCR similar to the cloud region in Mumbai, to speed up the process of digitization.
We've seen the resilience of India, and it's a great privilege for us to support larger organisations, government agencies, but also the person who is starting a company in India
As spoken by Thomas Kurian, chief executive officer of cloud services at Google, while addressing to the journalists.
Such steps of Google are also offering India with more opportunities as the other competitors, including Microsoft and Amazon, are expanding their services through partnerships with various top companies and startups or government agencies to provide enhanced cloud services.
IBM Hybrid Cloud expansion in India
At the latest IBM announced their upcoming setting up of a software lab in Kochi, Kerela, to offer next-gen cloud services and software portfolios.
IBM India is a microcosm of the IBM corporation committed to furthering the country's vision of Make in India, for India and the World.
As per the Managing Director, IBM India, Sandip Patel.
India's potential to evolve in technological advancements despite the pandemic striken situations, encourages more companies to take further steps in vitalizing their services in India. Such a proposed vision of IBM is structured to offer software development through an open, secure, decentralised architecture.
Kerala is a talent hub for IT professionals and entrepreneurs, and we are pleased with IBM’s proposed expansion in the state. Technology Development centres play an important role in driving economic growth by bringing innovations to the market quickly.
Such has been noted by the Chief Minister of Kerala, Shri Pinarayi Vijayan, while extending full support to IBM to establish its software development centre in Kerala.