siliconindia

Unifying the computing universe and all its advanced technologies under the cloud banner isn’t just a new norm today and in a world inflicted with ‘data explosion’ consternations, the necessity of the cloud have assumed much greater significance. The global market has witnessed a prolific rise in the adoption of cloud-based 'as-a-service' solutions across numerous industries like healthcare, banking, logistics, IoT, education, communications, and much more. As Forbes predicts global cloud expenditures to reach a gargantuan 320 billion by 2020 and progress beyond at an explosive growth rate, enterprise executives are betting their whole business futures on the cloud, investing extensively in cloud-based innovations, solutions, and services. In the U.S. market, amidst a fierce 'cloud war' that include global leaders like Google, Microsoft, Indian companies are progressively upgrading to the much necessary cloud computing skills to thrive in the fast transforming IT landscape and build a sustainable business in the process. As analysts put it, the collective revenues in cloud-based offerings in AI, IoT, data storage, data security and recovery, VR, and AR domains for these companies, especially SMBs, have already touched a billion dollars with a healthy 20 percent CAGR.