The Public Cloud Computing market in India is estimated to touch Rs. 2,434 crore in 2014 after growing at a CAGR of 53% between 2010-2014 according to market intelligence and advisory firm CyberMedia Research’s India Cloud Computing Market Review 2011, May 2011 edition.
According to Kamal Vohra, Lead Analyst, India Software and IT Services Research, CyberMedia Research, “Cloud computing is witnessing widespread interest from the vendor-service provider-channel community on the one hand and business leaders and CIOs on the other. This is fuelled by the strong belief that cloud computing will allow a large number of SMB enterprises to adopt the same enterprise class software and technology solutions, which were earlier the exclusive preserve of large enterprises. This, in turn is expected to allow the market for software solutions to open up as large, upfront capital investments in IT infrastructure can be converted into smaller, manageable 'pay-per-use' annuity payments."
Read More.....
India Public Cloud Computing To Grow At 53 Per Cent CAGR
Deja-Vu Times is the leading information source for technology news, analysis, opinions and case studies on Enterprise IT including applications, infrastructure, security, cloud computing, virtualization, networking and storage for IT decision maker Visit: http://www.dejavutimes.com/
