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How India’s cloud market will take shape by 2023?

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Last month IDC revealed a list of their top 10 India predictions to impact Cloud initiatives through 2023. Amid increasing infrastructure costs and the complexity of managing them, companies in India are investing in the cloud and are in the early stages of realizing the benefits. For most organizations, the need for having an agile business through streamlined IT and military-grade security is still far from reality. As per the industry analysis, business agility, robust IT infrastructure, and improved security are the most important factors in decision making while considering cloud, in contrast to cost. The market needs more reliable and standardized automated cloud resources to empower developers and line-of-business to execute rapidly and in a more cost-effective manner.

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“The IT environments for organizations in India is becoming more complex with multiple public clouds, private clouds, and traditional systems needing to be interconnected, integrated, and collectively managed. Most of Indian organizations are clustered around early stages of cloud maturity and find it challenging to move ahead in the adoption curve. As Indian organizations move towards a cloud-first strategy, enterprises are preferring cloud solutions for their new capability, capacity and functionality,” says Rishu SharmaAssociate Research Manager, Cloud and AI, IDC India.

Here the top 10 predictions that are going to make an impact on the technology buyers and suppliers in Cloud in India for over the next 48 months:

Leaders will rule: 

By 2023, the top 4 cloud providers will be the preferred choice for more than 50% of workloads, while users will avoid vendor lock-in via multi-cloud strategy and cloud-native approaches to achieve portability.

Cloud-Native: 

By 2022, 40% of the upcoming enterprise applications in India will be developed cloud-native, based on a hyper-agile architecture. However, only 10% of those environments will offer machine learning capabilities natively. 

Multi-Cloud Management: 

Of India’s 500 organizations, 55 percent will have a multi-cloud management strategy that includes integrated public and private cloud tools, by 2023. 

Consumption-Based Deployment Model: 

By 2021, more than 30% of the enterprises in India will be charged based on their consumption of IT operations, while opting for a public cloud platform will be a lower-risk option to manage complexity and aligning cost to consumption.

Redefining the Edge: 

By 2023, Over 30 percent of cloud deployments made by organizations in India will include edge computing to address bandwidth bottlenecks, reducing latency and processing data for decision support in real-time.

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SaaS and Cloud Verticalization: 

By 2022, organizations in India will prefer to spend more on vertical SaaS applications instead of on horizontally designed applications. Vertical SaaS application excludes desktop and internal employee productivity apps.

 Private Cloud Expansion:  

By 2020, 60% of public cloud using businesses in India will also use an enterprise private cloud platform. Moreover, a majority of these platforms will support the delivery of higher-layer PaaS and SaaS functionalities.

Data Eruption: 

By 2023, 40% of India’s 500 companies will be AI-enabled, with more than 40% of enterprise application workflows being helped by AI to make better use of legacy data, real-time operating data and third-party data feeds.

Managed Cloud Services: 

Right now, the most crucial requirement for Enterprises in India is to optimize ROI, reduce budgets, and cope with the scarcity of cloud experts drive expenditure on managed cloud services to nearly US$1.2 billion by 2022 and almost 25% of technology outsourcing.

 Life-Cycle Automation: 

By 2022, 30% of India’s organizations will invest in the automation, orchestration, and life-cycle management of cloud-native applications to realize cost benefits and operational efficiencies.

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