Cloud Business in India on Way to be a Billion-Dollar Opportunity
New Delhi, 4th June, 2016: After presenting a 500-million-dollar opportunity this year, India’s cloud market is set to grow to 1 billion dollars by 2020. And Microsoft’s cloud aptly reflects that growth statistic. According to Microsoft, nearly 50% of top 100 Indian companies listed on the BSE are using Microsoft cloud.
Lets have a look at the different sectors. The most promising BFSI sector in India constantly faces multiple challenges such as handling diverse customers, resource implementation and maintaining financial and information security. They are taking the help from local cloud to build up their business, keeping their fear in abeyance.
The highly competitive healthcare sector is constantly looking for solutions that help manage costs, enhance customer experience, while maintaining high security and compliance standards. The coming together of Big Data, machine learning, scalability and lower latency is facilitating advances in quality of care and cost savings for healthcare players.
The most buzz creating and red-hot e-commerce sector in India too is leveraging the power of Microsoft cloud to maintain their growth momentum with the ability to lower costs, accelerate deployments and respond quickly to market opportunities, says Microsoft.
Speed, security, scalability and flexibility to accommodate growth are big draws with the IT sector. Maintenance-free deployments and elasticity of a distributed cloud offering add to the attractiveness of migrating to the Microsoft India datacenters.
Machine learning and cloud solutions are speeding up India’s digital transformation. The local cloud is helping to accelerate e-governance and roll-out of citizen services by governments, thereby pushing the Digital India and Smart Cities programs.