Riding on initiatives like Digital India, Smart Cities, Jan Dhan Yojna and Aadhaar, the country is well-poised to take maximum advantage of what the global technology industry has to offer when it comes to Cloud infrastructure, cyber security and a complete ecosystem, a top Oracle executive has reiterated.
According to Shailender Kumar, Managing Director, Oracle India, the transition to the GST mandate is another radical change that will fast-track India’s journey towards digitalisation.
Oracle is set to organise its flagship global event “Oracle OpenWorld” for the first time in India this month where Safra Catz, CEO, and Thomas Kurian, President – Prodcut Development, will share insights on how the company, governments and businesses of all sizes can work in unison to build India’s new digital economy.
India is uniquely positioned to benefit from cloud-based solutions for three reasons. First, there are more than 300 million mobile internet users in the country which is an essential building block for a shift to Cloud.
Secondly, the e-commerce willingness in this market. Lastly, India has the largest IT service businesses in the world across SIs (systems integrators) and they are now looking at adjacent revenue streams like the cloud to take cost out, Kumar had told IANS in an earlier interview.
According to market research firm Gartner, 2016 was the defining year for Cloud, with private Cloud steadily making way for hybrid Cloud and nearly half of large enterprises predicted to have hybrid Cloud deployments by the end of 2017.More than 80 per cent of enterprise IT organisations will commit to Hybrid Cloud Architectures by 2017.
In India, there is a growing demand for hybrid Cloud, especially among mid-size enterprises, including manufacturing companies even though private Clouds are deemed expensive.
By Baishakhi Dutta
