MUMBAI: Indian enterprises are soaring to the cloud as the cloud computing business here is expected to skim the skies in a few years.
Software as a service (a part of cloud computing) market in India which was about $70 million in 2008 and cloud computing is expected to hit the $1 billion mark soon.
Cloud computing refers to shared computing resources, storing data on a virtual platform rather than on an individual hard drive.
In 2006, Google’s chief executive Eric Schmidt publicly introduced the term ‘Cloud Computing’ to Silicon Valley and it’s trickled down to India over the past one year. Everyone wants to fly high on the cloud making money by helping others save money.
Cloud computing services follow the realm of the Internet. It doesn’t matter that the data you want is being processed on computers far away in the ‘clouds’ , it is still brought to your screen on-demand. “Cloud is defined by the scope of elasticity and scalability of IT services that are available on demand via the Internet,” said Gartner’s VP and distinguished analyst Yefim Natis.
Gartner estimates worldwide cloud services revenue to surpass $56.3 billion in 2009. While Indian IT companies are nascent in this field, they are learning a lot from their multinational peers like Google, Oracle, Microsoft, Amazon and IBM among the larger ones. The company that is literally living on the cloud is Salesforce .com whose customer relationship management (CRM) software on a pay-per-use model tops the charts.
Large Indian enterprises are yet to provide their own services in the clouds, but many have started making inroads. Infosys and TCS provide consulting services to clients who want to adopt the cloud model based on the enterprise architecture strategy and managing change in their client’s IT policies to seamlessly integrate with cloud-based services.
TCS feels that providing its own cloud services is an opportunity that cannot be missed. While most of its clients are demanding these services, the company is still in the research phase and has tied up with academic institutions and established partners in the cloud computing space to develop its own offerings.
“The big change that happened in the last 6-7 years is to share common infrastructure on a large scale in the Internet world. Enterprises have started looking at this only in the past three years and the trend has accelerated over the past year,” said TCS group CTO and VP Ananth Krishnan.
TCS currently has six of its innovation and research labs dedicated to build applications that can be used in the cloud. It will launch the services within the next 12 months. Mid-size IT firm Netmagic Solutions has recently launched its suite of cloud computing offerings. It expects to earn 12% of its annual revenues from this product line.
“Benefits of cloud come when you are not using the entire resources and it’s more cost-effective to host your applications in the cloud. A server in the cloud is 30% inexpensive than a physical server,” said Netmagic Solutions CEO and MD Sharad Sanghi....
Source:
http://infotech.indiatimes.com/Enterprise-IT/Cloud-computing-hotting-up-in-India
Software as a service (a part of cloud computing) market in India which was about $70 million in 2008 and cloud computing is expected to hit the $1 billion mark soon.
Cloud computing refers to shared computing resources, storing data on a virtual platform rather than on an individual hard drive.
In 2006, Google’s chief executive Eric Schmidt publicly introduced the term ‘Cloud Computing’ to Silicon Valley and it’s trickled down to India over the past one year. Everyone wants to fly high on the cloud making money by helping others save money.
Cloud computing services follow the realm of the Internet. It doesn’t matter that the data you want is being processed on computers far away in the ‘clouds’ , it is still brought to your screen on-demand. “Cloud is defined by the scope of elasticity and scalability of IT services that are available on demand via the Internet,” said Gartner’s VP and distinguished analyst Yefim Natis.
Gartner estimates worldwide cloud services revenue to surpass $56.3 billion in 2009. While Indian IT companies are nascent in this field, they are learning a lot from their multinational peers like Google, Oracle, Microsoft, Amazon and IBM among the larger ones. The company that is literally living on the cloud is Salesforce .com whose customer relationship management (CRM) software on a pay-per-use model tops the charts.
Large Indian enterprises are yet to provide their own services in the clouds, but many have started making inroads. Infosys and TCS provide consulting services to clients who want to adopt the cloud model based on the enterprise architecture strategy and managing change in their client’s IT policies to seamlessly integrate with cloud-based services.
TCS feels that providing its own cloud services is an opportunity that cannot be missed. While most of its clients are demanding these services, the company is still in the research phase and has tied up with academic institutions and established partners in the cloud computing space to develop its own offerings.
“The big change that happened in the last 6-7 years is to share common infrastructure on a large scale in the Internet world. Enterprises have started looking at this only in the past three years and the trend has accelerated over the past year,” said TCS group CTO and VP Ananth Krishnan.
TCS currently has six of its innovation and research labs dedicated to build applications that can be used in the cloud. It will launch the services within the next 12 months. Mid-size IT firm Netmagic Solutions has recently launched its suite of cloud computing offerings. It expects to earn 12% of its annual revenues from this product line.
“Benefits of cloud come when you are not using the entire resources and it’s more cost-effective to host your applications in the cloud. A server in the cloud is 30% inexpensive than a physical server,” said Netmagic Solutions CEO and MD Sharad Sanghi....
Source:
http://infotech.indiatimes.com/Enterprise-IT/Cloud-computing-hotting-up-in-India
