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42 Percent Indian CEOs Have No Plans to Invest in Cloud
SI Team
Friday, December 3, 2010
42 percent of the Indian companies of Gartner surveyed said that they have no immediate plans of investing in cloud technologies. According to Gartner, these companies are unsure of investing in the technology throughout 2011.

As part of their global research the company surveyed a total of 1,004 companies, in which 148 are Indian companies. Indian average is a little lower when compared to the global average, where about 45 percent of the companies said they were either unsure or had no plans of setting up cloud infrastructure.
Cloud computing is an Internet-based facilitates sharing of technological resources, software and digital information.

The emerging field functions on a pay-per-use model helping technology companies to bring down the huge initial investment. “Despite the benefits of cloud computing, lack of technology maturity has emerged as the top inhibitor to adoption of cloud technology,” said Sid Deshpande, Senior Research Analyst, Gartner.

The study was conducted across the U.S., the UK, Germany, Australia, Brazil, Russia, India and China. Gartner also revealed that 21 percent respondents from India consider cloud computing to be one of the top three highest-priority investment through 2011 and globally about 25 percent respondents feel the same.

“The top drivers for cloud investments are - business agility, capital expenditure savings, and investing in cloud models as a part of the overall enterprise data center transformation strategy,” said Deshpande. In a previous study conducted by Zinnov Management Consulting, an R&D Globalization council, it was said that the present $110 million Indian Could Computing industry is expected to grow to over $ 1 billion is the next five years.
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