Adoption of Cloud computing for businesses in India has become imperative in present times for the various benefits it offers
The debate on whether to adopt Cloud computing or not is passé now. India has seen remarkable adoption of this technology in its different size of businesses. A Forbes 2018 report says in 2016-2017, the public cloud services market in India has seen phenomenal growth–reaching $1.8 billion in 2017, up from $1.3 billion in 2016. By 2020, this figure is expected to reach $4.1 billion. In Asia Pacific region, India stands second only to China, as the largest and fastest-growing cloud services market. Cloud computing pundits see an enormous growth opportunity for this sector backed by factors like growing Internet penetration, technology inclination among the Indian business houses among other.
However, yet there is one debate going on as to who invented the idea of Cloud Computing? Different websites say the concept of network-based computing dates to the 1960s. However, many believe the first use of “cloud computing” in its modern context happened on August 9, 2006, when the then Google CEO Eric Schmidt introduced the term to an industry conference.
Cloud Computing refers to the computing services including servers, storage, databases, networking, software, analytics, intelligence and other over the Internet (“the cloud”). What it does? It offers faster innovation, flexible resources and economies of scale. Cloud Computing has the flexibility of offering “pay per use” feature that enables business houses to pay only for services you use, helping lower your operating costs, run your infrastructure more efficiently and scale as your business needs change.
In Indian business environment, Cloud-based services have already become pervasive. So much so that, for some enterprises, it’s difficult to manage innovation without the Cloud technology. If we compare what the technology has brought to the Indian businesses, I will say, compared with traditional conditions, it has conveyed efficiency that empowers organizations to diminish capital expenses and increment business adaptability. Also, cloud specialists say, the technology has dramatically impacted how web hosts and server farms work.
To put it simple, Cloud Technology is a utility model for business houses; where one can utilize the services as per need, procedures and applications and then pay for the amount being utilized. It is a model for enabling ubiquitous, helpful, on-request network access to a shared pool of configurable processing assets like servers, stockpiling, applications and administrations that can be quickly provisioned and discharged with negligible management exertion or service provider communication.
Cloud Computing is all the more important for small businesses than big ones given the fact that it reduces operational cost and brings speed, accuracy. It makes such businesses to compete on a global scale.
