The future is definitely on the cloud!
Cloud Computing has become one of the hottest IT enterprise topics of recent times. It is fast becoming mainstream with large steps being made in a relatively short period of time. Cloud Computing has become a scalable services consumption and delivery platform in the field of Services Computing. The technical foundations of Cloud Computing include Service-Oriented Architecture (SOA) and Virtualizations of hardware and software. The goal of Cloud Computing is to share resources among the cloud service consumers, cloud partners, and cloud vendors in the cloud value chain. SaaS market in India is largely dominated by email, collaboration tools, CRM/ ERP and currently stands at $123-143 million for CY11. The SaaS market has grown at a CAGR of 46 percent from $56-67 million in CY09 until CY11. The PaaS and IaaS markets in India on the other hand are rapidly growing, though from a small base, highlighted the study. The PaaS market in India is at $1.5-2.5 million in CY11, which has grown at a CAGR of 75 percent from $0.5-1.5 million in CY09. IaaS market in India on the other side stands at $38-47 million as in CY11.
The idea of virtualizing not just hardware but software resources as well has attracted the attention of academicians as well as the industry. Cloud computing not only offers a viable solution to the problem of addressing scalability and availability concerns for large-scale applications but also displays the promise of sharing resources to reduce cost of ownership. Virtualization is driving a fundamental shift in how we think about data center environments. It is lowering capital and operational costs, enabling IT agility, underlying Green IT initiatives and fuelling the cloud. This conference helps us to be aware of this paradigm shift and discusses the benefits of virtualization. According to a research, “Virtualization penetration has surpassed 50 percent of all server workloads, and it continues to grow.
A study predicts that 75 percent of call centers will incorporate cloud technology into their operations by 2013. This trend has resulted in an increased interest in Appointment-Plus enterprise scheduling software as a solution for better managing customer service appointments and callbacks. The overall Indian market for cloud (both public and private) has grown steadily to reach approximately $860 - 912 million. The public cloud market has rapidly evolved in the last 2 years in India with significant traction across SaaS, PaaS and IaaS(infrastructure as a service), added the study. With the current market of $160-192 million in CY11, public cloud in India is at a very nascent state of the market and may not have hit the inflection point yet, indicating significant future potential.