Cloud Computing and India, Emerging Superstars of the 21st Century

Cloud Computing and India, Emerging Superstars of the 21st Century

“China and India will, separately and together, unleash an explosion of demand.”
– Mukesh Ambani, Indian industrialist and the 9th richest man in the world.

Before deciding to do my MBA from the University of Notre Dame in the United States, I was an Indian software engineer working in middle management at the Mumbai office of Citigroup. When I graduated from engineering college in 2004, India was a hub of software services. As a matter of fact, it still is; however, now, India has moved up the value chain to be involved in software development as well.

It’s not only producers of software who have improved themselves over the last decade; big businesses, who are the biggest consumers of IT services, have also spread their wings beyond Indian shores to make their presence felt in the developed world. When Ford decided to sell the Jaguar and Land Rover brands, it was India-based Tata Motors who snapped them up. In 2007, another member of the Tata family, Tata Steel, bought a 100% stake in British steelmaker Corus, immediately jumping to the list of top 10 steel producers in the world. Bharti Airtel now has an extensive operation in the Middle East while Reliance is one of the largest petroleum products firm in the world.

All this, and more, make India a fertile playground for cloud computing service providers, for it’s a given that businesses, in order to be successful, will need to invest in IT infrastructure. And with cloud computing being the future of IT, it is but obvious that India is the future of cloud computing.

I had already explored the immense potential of the country to be a cloud computing superstar from the producer point of view (See: Is India the Next Cloud Computing Superpower? ), and this view has been endorsed by none other than Microsoft head honcho Steve Ballmer (See: How India Stands to Gain from Cloud Computing ). Now, a new study estimates the cloud computing market in India to reach a stupendous $16 billion by 2020.

According to this study titled, ‘Deconstructing the “CLOUD”: The New Growth Frontier for Indian IT-BPO Sector’, brought out by industry body NASSCOM (National Association of Software and Services Companies) in association with Deloitte, the Indian market for cloud computing is expected to reach $ 16 billion by 2020, while the corresponding figure for the global market is $680 billion. I had mentioned a few US-specific market sizing studies earlier (See: Where Is Cloud Computing Going? Up, Up And Away!).

Cloud computing is reshaping the Indian IT market by generating new opportunities for IT providers and driving changes in traditional IT offerings,” said Som Mittal, president of NASSCOM. “There are ample opportunities for cloud in every industry, and with the increased preference of cloud adoption in the coming years, industry will have to invest in competency building internally to take advantage of cloud computing technologies.”

With Indian industry on the rise, these impressive figures may well turn out to be true by the end of this decade.

By Sourya Biswas

sourya

Sourya Biswas is a former risk analyst who has worked with several financial organizations of international repute, besides being a freelance journalist with several articles published online. After 6 years of work, he has decided to pursue further studies at the University of Notre Dame, where he has completed his MBA. He holds a Bachelors in Engineering from the Indian Institute of Information Technology. He is also a member of high-IQ organizations Mensa and Triple Nine Society and has been a prolific writer to CloudTweaks over the years... http://www.cloudtweaks.com/author/sourya/

One Response to Cloud Computing and India, Emerging Superstars of the 21st Century

Comics

At CloudTweaks, we're plugged into the cloud, the internet of things and all that the web has to offer. From wearable technology, to mobile computing, cloud computing and big data, CloudTweaks is your source for updates and news on the most innovative technology.

Popular

Top Viral Impact

Five Signs The Internet of Things Is About To Explode

Five Signs The Internet of Things Is About To Explode

The Internet of Things Is About To Explode By 2020, Gartner estimates that the Internet of Things (IoT) will generate incremental revenue exceeding $300 billion worldwide. It’s an astoundingly large figure given that the sector barely existed three years ago. We are now rapidly evolving toward a world in which just about everything will become…

Cloud Infographic – The Internet Of Things In 2020

Cloud Infographic – The Internet Of Things In 2020

The Internet Of Things In 2020 The growing interest in the Internet of Things is amongst us and there is much discussion. Attached is an archived but still relevant infographic by Intel which has produced a memorizing snapshot at how the number of connected devices have exploded since the birth of the Internet and PC.…

The Business Benefits of Cloud CRM

The Business Benefits of Cloud CRM

The Business Benefits of Cloud CRM From software deployment, to mobility, to wearable technology, cloud computing has transformed seemingly every aspect of modern business. Research indicates cloud applications and platforms will be at the forefront of IT spending by 2016, with half of all enterprises implementing cloud solutions by 2017. One of the quickest markets…

Cloud Infographic: The Education Of Tomorrow

Cloud Infographic: The Education Of Tomorrow

Cloud Infographic: The Education Of Tomorrow  Online Education is a very exciting topic for many as it opens up many new doors and opportunities. We’ve touched on areas such as Massive Open Online Sources (MOOC) which provides tremendous levels of cloud based interconnectivity. We’ve taken a look into higher education,  the increased demand for online courses as well as…

Forrester Releases Its “15 Emerging Technologies To Watch Before 2020” Report

Forrester Releases Its “15 Emerging Technologies To Watch Before 2020” Report

15 Emerging Technologies To Watch Before 2020 The cloud, big data, the internet of things, and wearable technology have all featured heavily in Forrester’s latest list of fifteen technologies to watch before 2020. It is becoming a reality for businesses that they need to adapt and change to an increasingly technologically-minded customer base. Traditional marketing…

Featured Sponsors

The Internet of Everything Opens Up The World

The Internet of Everything Opens Up The World

Shaping The World With New Technologies As a connected collection of intelligent objects, the Internet of Everything promises to open up those areas of the world hardest hit by economic, political and agricultural blights. Relatively inexpensive devices, paired with revolutionary energy sources and unprecedented access to information offer great promise to farmers and workers in…

2015 Advertising Opportunities - Find Out More!

Cloud Logo Sponsors

hp Logo CityCloud-PoweredByOpenstack-Blue square_logo_100x100-01
cisco_logo_100x100 vmware citrix100

Established in 2009, CloudTweaks is recognized as one of the leading influencers in cloud computing, big data and internet of things (IoT) information. Our goal is to continue to build our growing information portal, by providing the best in-depth articles, interviews, event listings, whitepapers, infographics and much more.

Contact

CloudTweaks Media
Phone: 1 (212) 763-0021

Join Our Newsletter