Cloud’s potential and expected benefits just keeps on growing. Organizations and governments are opening to the benefits of the cloud. Now another piece of news comes as music to the proponents of cloud. A study on private cloud space in India conducted by EMC Corporation and Zinnov Management Consulting estimated that the total cloud market in India will reach a market value of $ 4.5 billion by 2015.
I have always propagated the fact that cloud will be a job generator in India. I feel vindicated by the report on the employment scene- private cloud is expected to create 1 lakh jobs by 2015. I personally feel with the increasing adoption of the cloud, the number of jobs too will further increase.
In fact, in India the private cloud adoption is increasing- though at a slow pace currently. The study pointed out that private cloud adoption will dominate and account for $3.5 billion in revenues, growing at over 60%. Hence, cloud computing is bound to increase and will form a significant part of an organization’s total IT spend.
IT/ITeS, telecom, BFSI, manufacturing and government sectors will contribute largest to the cloud market in India. But the study also mentioned that private cloud deployments will lead to cost optimization in segments like telecom and networking, facilities and fabric, hardware, software, internal labour and external IT services.
Cloud is definitely the future!!
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