Future of Cloud Services in India [Latest Trends]

In the IT industry, cloud computing has been a trend that has witnessed tremendous growth and has now become a crucial technology for businesses across India.

The main reason the future of cloud computing is bright in India is its easy accessibility and agility. From digital infrastructure, extensive data management, serverless architecture, and artificial intelligence, public cloud and other types of cloud are ready to take businesses into a new growth landscape.  

The reason for cloud computing 

Though there are multiple reasons why cloud computing is the future of technology in India, its capability to drive innovation, boost speed, enhancement of employment, cost reduction, and empowerment of people towards digitalization are a few of the main ones.  

Current trends in the cloud computing market of India  

  • In 2021 the cloud computing market in India capped at $5.6 billion with a CAGR of 44% over 2016-2021.  
  • Pushed the expansion of the digital enterprise ecosystem. Over the last year, almost 53% of the enterprises have increased their consumption over the cloud, and over 84% of the large businesses have gone for SaaS.  
  • Product launching becomes quick and easy with better services and consumer engagement, and these are among the top 2 drivers for the adoption of the cloud.  
  • The top 2 barriers to adopting the cloud are the restricted understanding of cloud features and the need for multiple applications and migration.  

What could be the challenges in the way of public cloud adoption?  

Adopting the public cloud will likely face some challenges along with the driving forces. And the two main barriers that enterprises might come across while adopting the public cloud are:  

  • Unavailability of migration expertise- Without an efficient migration strategy, cloud migration stands to be relatively ineffective. The enterprises would need cloud engineers and experts in application migration to use the cloud server pricing paid to the providers properly.  
  • Consistent rollouts and updates- As per specific reports, in 2021, over 20% of the overall cloud spending was done towards the new features, updates, and modules. The businesses using the public cloud will have to innovate their operations per the recent updates, which could be a challenge for mid-level businesses and start-ups.  

India’s adoption of public cloud  

  • The government of India is taking multiple initiatives to enhance the adoption of the public cloud with the National and State Service Delivery, GI Cloud, AIRAWAT, and TechSaksham to increase the transparency between the consumers and government operations.  
  • During the pandemic, the government took multiple cloud adoption initiatives like the Aarogya Setu applications, Curfew ePaas, Cowin, MyGov Saathi, and COVID-19 Data Repository.  

The need for cloud computing  

Cloud computing is a technology that has its applications in various industries. As a result, multiple companies plan to increase their spending on cloud-based services rather than on-premise ones. Here is a list of a few benefits of why cloud computing has become a necessity for almost every type of business:  

Security  

Cloud service providers are crucial when it comes to providing high-end security to their consumers, as it is essential for the growth and success of the business. Also, the risk of physical thefts and damage gets eliminated as mostly the applications and data are stored securely over the cloud. And in addition to that, the loss of files does not persist because it is stored digitally.  

Cost Reduction  

With the need to buy data storage features and servers being eliminated, cloud computing helps companies save money. The hardware can be costly, which becomes a challenge for small businesses. Using cloud computing services can help them use the hardware features with less cloud server pricing.  

Easy Accessibility  

Companies can present and avail themselves of the same services irrespective of the geographical locations of the employees. This aspect is also one of the significant reasons why enterprises are moving their workloads to the cloud. Cloud users can access the required data and information from all across the globe with its easy accessibility feature. Also, it enhances the collaboration between different teams.  

Increased Efficiency  

In the end, it all comes down to efficiency, which forms the core of cloud computing and is also one of the main advantages of technology. It reduces the number of people required to handle the operations.  

Once the effect of the COVID-19 pandemic starts to go downhill, it is expected that the adoption of the public cloud by businesses will be increased.  

Rashmi Sharma

Rashmi with you to ensure you and your business future. She also emphasizes the need to adjust investment plans as your goals and needs change. https://ziploan.in/