DECEMBER 20184 SEPTEMBER 201647siliconindiasiliconindiaOver the last two years, the cloud services market in India has seen phenomenal growth reaching $1.8 billion in 2017, up from $1.3 billion in 2016. By 2020, this is expected to reach $4.1 billion. Today, India is second only to China as the largest and fastest-growing cloud services market in Asia Pacifi c. With a robust GDP growth rate of 7.2 percent in Q3 FY18, and rapidly rising internet penetration, India is poised for booming expansion in this sector.The market is set to take off on a high trajectory, pushed by global cues as well as domestic government initiatives. The interest in the cloud is being driven by the increasing need for business innovation and agility, the ability to scale fast in a competitive market, and the government's thrust towards Digital India. Buoyed with infrastructure development, a massive expansion in Internet reach and policy initiatives such as Digital India, the cloud segment is riding a wave of upsurge, particularly the boom in the Indian start-up scene. A clutch of innovative startups have seized the opportunity and ventured into the space with niche expertise. Theses start-ups are helping companies to store, manage, process data and use programs through a web-based interface ­ something that greatly reduces costs. Data stored in the cloud can be accessed from anywhere through various devices with web connectivity, which is an advantage for small companies that don't have a huge IT budget. Companies are also able to move their operations and applications on cloud.In our current edition, we have featured a list of "10 Best Start-ups in Cloud." As the state-of-the-art software matures and the competitive nature of business consolidates, many experts are predicting greater expansion and adoption than predicted, particularly as greater numbers of startups and enterprises consider expanding their digital platform strategy as an important part of cloud adoption. Do let us know your thoughts...Nandini MukherjeeManaging EditorStart-ups in Cloud are Guiding their Way in the MarketEDITOR'S NOTE Vol 4 · Issue 6 - 7 · December 14, 2018 Publisher Alok Chaturvedi Managing Editor Nandini Mukherjee Editorial Team Amit Raja Naik Hridkamal Roy Lakshmi G Pooja Devi Swagatika Panda Sales & Marketing Somnath Paul Garima Anand Editorial Queries editor@startupcity.com To subscribe Visit www.siliconindiamagazine.com/subscribe Cover price is ` 150 per issue.Printed and Published By Alok Chaturvedi on behalf of Siliconmedia Technologies Pvt Ltd and Printed at Precision Fototype Services at Sri Sabari Shopping Complex, 24 Residency Road Bangalore-560025 and Published At No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugeshpalya, Bangalore-560017. Editor Alok ChaturvediCopyright © 2018 SiliconMedia Technologies Pvt Ltd, All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher.sales@startupcity.comGroup Art Director Ashok KumarCirculation Manager Magendran PerumalVisualisers Vetrivel S Vishnu T RSr. Manager Sales & Marketing Amrit Kumar Singh
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