Public cloud services end-user spending to rise by 30 per cent in India: Gartner – BusinessLine

IT Research and forecast firm Gartner Inc has predicted that end-user spending on public cloud services in India would total $7.3 billion in 2022, increasing 29.6% from 2021. “Public cloud services adoption has accelerated since the onset of the global pandemic. The pandemic was a tipping point for Indian businesses to realize the true value of public cloud,” said Sid Nag, research vice president at Gartner.
“In India, the policy infrastructure is emerging as an important contributor to public cloud growth. For example, the recently launched public cloud government initiatives Meghraj and Cloud Vision for India 2022 will prove useful for small and medium businesses or those who are in an early stage of cloud adoption to benefit from this technology,” the analyst added.
In a press release, Gartner added thatinitiatives targeted towards building a skilled cloud workforce in partnership with private IT service providers will contribute to the government’s effort to strengthen the country’s public cloud ecosystem. While still on the rise, Indian end-user spending on the public cloud next year will be slower than the 34.6% growth forecast in 2021.
Indian CIOs are expected to focus their cloud investment on cloud system infrastructure services (IaaS). This segment is forecast to total $2.4 billion in 2022, up 40% from 2021. IaaS will make up 32.3% of the total investments in public cloud services in 2022, the firm forecast.
“Public cloud growth continues to be driven by organizations that want to modernize their IT and reduce their capital expenditure spend. The desire for agility and innovation in both business transformation and IT operations is also fueling the growth of public cloud” said Nag.
The next step in the growth of cloud in India will be adopting cloud-native technologies. Indian CIOs will look to reimagine and refashion their applications and workloads using containers and microservices as well as artificial intelligence (AI) and machine learning (ML).
Follow us on Telegram, Facebook, Twitter, Instagram, YouTube and Linkedin. You can also download our Android App or IOS App.
The world gathers for yet another pow-wow at the climate conference in Glasgow. What can we expect to gain …
Carbon emissions and other pollutants that affect air quality have a major impact on the health of living …
Sharing stories of recoveries can inspire others to seek timely treatment
Zee’s founding family plots a twist in the tale and stays in control
There are four ways that gold bugs can take to invest in the precious metal. We explore the options available
BNPL is a good option for those eyeing no-cost loans, but always stick to your budget
The recent episode shows why even seasoned investors are very choosy about fancied PSU stocks
This financing option is offered by many sellers, including the e-commerce websites
Shankar Acharya’s engaging book looks back on his eventful life with warmth  
Lahore, the first part of a trilogy on the Partition, is a painful reminder of all that can go wrong when …
Jairam Ramesh’s biography talks about Englishman Arnold’s seminal work on Buddha and the influence it had on …
RG Chandramogan’s Hatsun Agro Product’s rise to be the country’s largest private dairy company is a story of …
This Diwali, confectionery makers like Mondelez, Amul, Mars Wrigley, Fabelle and Smoor are upping their …
Is e-commerce a threat or saviour for brands?
Unless there is an ethical issue, brands are largely standing by celebrities who are in trouble
Come Diwali and brands light up the screen with sparkling campaigns that pull out all the emotions — love, …
Three years after its inception, compliance with GST procedures remains a headache for exporters, job workers …
Corporate social responsibility (CSR) initiatives of companies are altering the prospects for wooden toys of …
Aequs Aerospace to create space for large-scale manufacture of toys at Koppal
And it has every reason to smile. Covid-19 has triggered a consumer shift towards branded products as …
The Hindu