Public Cloud Computing to Grow in India, says CyberMedia Research

By Ashok Bindra June 08, 2011

Realizing the benefits of cloud, public cloud computing is gaining momentum in India Consequently, realizing the business opportunities, the Indian telecom service providers (TSPs) and Internet service providers (ISPs) are taking steps to establish firm hold as this nascent service grows in India in next couple of years.

According to market research firm CyberMedia Research, the public cloud computing market in India is estimated to reach rupees 2,434 crore or US $543.46 million in 2014 after growing at a CAGR of 53 percent between 2010-2014.

CyberMedia Research’s lead analyst Kamal Vohra stated, “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 SMBs 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.”

However, CyberMedia’s Emerging Technologies’ analyst Apalak Ghosh thinks that ICT vendors and service providers need to launch awareness and education programs targeted at channel partners and customers.

Additionally, the analyst commented, “They also need to develop and bring-to-market innovative ‘cloud’ versions of their solutions to address the needs of diverse customer sets across a range of industry verticals, businesses and country- or region-specific statutory legal frameworks.”

As per CyberMedia Research’s India Cloud Computing Market Review 2011, May 2011 edition, a survey of ‘users’ and ‘non-users’ of cloud computing showed that penetration amongst Indian enterprises was 4 percent in 2010, which is expected to rise to 6.8 percent for all large and mid-size enterprises in the country by 2012.

The overall India SaaS market is expected to go to rupees 465 crore (US 103.83 million)  by the end of 2011, a growth of 50 per cent over 2010. However, a market watchers study indicates that India is still a few years away from the time when the country will see mission critical enterprise applications running on cloud platforms. 

As said by the study, some of the key SaaS applications that showed high rates of growth in 2010 over 2009 include CRM solutions, collaborative applications such as conferencing and messaging, and supply chain management solutions.

The growth of the India IaaS market is expected to be relatively slow in the 2010-2012 time-frame, but is expected to pick up thereafter. The overall CAGR for the India IaaS market during 2010-2014 is expected to be 49 percent, predicts CyberMedia..

Want to learn more about the latest in communications and technology? Then be sure to attend ITEXPO West 2011, taking place Sept. 13-15, 2011, in Austin, Texas. ITEXPO offers an educational program to help corporate decision makers select the right IP-based voice, video, fax and unified communications solutions to improve their operations. It's also where service providers learn how to profitably roll out the services their subscribers are clamoring for – and where resellers can learn about new growth opportunities. To register, click here.

Ashok Bindra is a veteran writer and editor with more than 25 years of editorial experience covering RF/wireless technologies, semiconductors and power electronics. To read more of his articles, please visit his columnist page.

Edited by Jennifer Russell

TechZone360 Contributor

Related Articles

The World is His Oyster: Connected Solutions Enable Daniel Ward to See Food

By: Paula Bernier    3/16/2018

Fresh seafood can taste great, but if it is not handled properly, people can get sick, and that can lead to business closures and lost revenues. That'…

Read More

How to Get Ready for GDPR if You've Waited Until the Last Minute

By: Special Guest    3/14/2018

With less than two months until the General Data Protection Regulations (GDPR) deadline, many companies have already started making sure that their bu…

Read More

How Fintech is Helping Create Global Businesses

By: Special Guest    3/14/2018

The growth of Fintech probably has not escaped your attention. Whether you're a customer making contactless payments or an investor weighing up CFD tr…

Read More

Are We Prepared for Automation?

By: Special Guest    3/13/2018

We are barreling toward a future of automation. A great proportion of the six million US manufacturing jobs that have disappeared over the last few de…

Read More

The Dark Web - A Hot Bed for Cybercrime

By: Special Guest    3/12/2018

There is a corner of the internet that is cloaked from every day users. Beneath the typical search engines and web browsers, an illegal marketplace is…

Read More