Tech Lover 9

As many of my blog visitors come from India, I thought it was interesting to put together a short post about the status of cloud computing in India. It is a common consensus that India will play a important role in the growth of cloud computing in the coming years. This is not at all surprising as the cloud will enable much more companies, not least SMEs, to enter the market quicker and more easily as well as benefit economically. And few countries, if any, are producing more SMEs than India, including IT and technology companies, although several challenges still exist – like lack of Internet access and stable electricity in some areas.
Cloud computing growing fast in India

According to IDC, India is facing an information explosion with digital data growing from 40.000 petabytes in 2010 to 2.3-million petabytes in 2020 – with the cloud in the middle as Indian companies look for leveraging cost advantages.

As a testament to this development, several research analysts have published predictions on the cloud growth in India:

According to a Gartner survey, Indian companies expect to adopt new cloud services in 2011 much faster than originally anticipated, with two-thirds of CIOs expecting the majority of IT to be running in the cloud within the next four years.

In earlier news, IDC reported that the Indian cloud computing market would grow at a CAGR of 40 percent by 2014, and to become a $3 billion dollar market by 2015.

A study for EMC, conducted by Zinnov Management Consulting, finds that private cloud in India will deliver up to 50% saving to Indian enterprises creating in the process 100,000 additional jobs by 2015.

Furthermore, the CEO of Zinnov claims that cloud computing will reshape the Indian IT market by generating new opportunities for IT vendors and driving changes in traditional IT offerings.