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Sunday, December 5, 2010

Cloud Computing in INDIA

The cloud computing market in India is expected to grow at a CAGR of 40 per cent by 2014, from an estimated $66.7 million in 2009, driven by cost and performance efficiencies, IT research firm IDC.
Cloud computing is an internet-based facility to share technological resources, software and digital information. The emerging field would function on a pay-per-use model, helping companies bring down operational costs.

"In the backdrop of the global economic slowdown, cloud computing has gained wide interest. The most attractive feature of this new technology is the prospect of converting large, upfront capital investments in IT infrastructure into smaller, manageable 'pay-per-use' annuity payments," IDC India Lead Analyst (Software and Services Research) Kamal Vohra said.   

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