Spending on public cloud services in India will increase by almost 40% in 2013 compared to last year, and reach $26.6bn INR in 2013, according to Gartner.
By submitting your personal information, you agree that TechTarget and its partners may contact you regarding relevant content, products and special offers.
The 37.5% equates to an extra 7.36bn INR increase in spending, according to updated Gartner figures.
According to the report Business Process as a Service (BPaaS) market is predicted to increase from 4.1bn INR in 2013 to 11.1bn INR in 2017; while Software as a Service (SaaS) spending in India is predicted to increase from 10.9bn INR in 2013 to 35.4bn INR in 2017. Total spending on public cloud services in India is expected to reach 86.5bn INR in 2017.
“SaaS represents the most mature segment in the cloud services marketplace today, resulting in high rates of adoption. However, Infrastructure as a Service (IaaS) is rapidly being accepted as both a mature technology and an accepted deployment destination for business-critical workloads,” said Ed Anderson, research director at Gartner.
“We predict high demand for SaaS, IaaS, and the services supporting the adoption of these key cloud offerings through our forecast period of 2011 through 2017,” said Anderson.
“Better business results have been proven by the adoption of cloud computing in our firm as connectivity can now be provided in real-time,” said S. Tiwari, at electrical engineering firm Seimens, in India. “A steep rise in demand in IaaS and SaaS is sure to follow as cloud computing is being accepted in increasing circles.”
The small business and startup communities are harnessing the public cloud to improve their IT capacities and their efficiency without increasing investment costs. The Indian government wants to help its massive community of small businesses become more competitive through a cloud computing resource, known as Baadal. This is a cloud orchestration and virtualization management platform developed at the Indian Institute of Technology Delhi(IITD). It can work with multiple virtualization technologies such as KVM, Xen and VmWare.
T. Mukherjee at communications supplier Meghbela said customers are demanding services to support cloud adoption. “Growth of nearly three or four times in the service sector is really not an exaggeration.”
IndiaInfoline, one of India’s biggest and most important retail financial brokerage companies, has utilized the advantages of cloud computing for providing better services and getting better business results. Sankarson Banerjee, CIO of IndiaInfoline, said the organization began using the cloud on the server side. “At IndiaInfoline, because we are a brokerage firm, real-time connectivity is an essential part of our service. As part of this service, real-time rates have to be communicated to pretty much every part of India. So, we use a large mix of connectivity, both public and private, to get rate data and other service.”