Why would mid-market companies and organisations move to cloud? While this question arises, one cannot deny that they are actually moving to the cloud and they are huge in number and as a result cloud computing solutions in India is emerging at a great pace.
The cloud computing trend is driven by 3 major factors, speed, scaling and complexity, According to research firm, IDC. By 2017, the cloud computing will be a $117 billion USD industry, the research firm predicts. Note that it was only $47 billion USD in 2013. By 2017, IDC also predicts that 3 out of every 10 mid-market companies will go for public cloud solution while 2 out of every ten will go for private cloud solutions. In other words, this industry will see a growth rate of 20% for the coming 5 years.
The cloud computing trend is driven by 3 major factors, speed, scaling and complexity, According to research firm, IDC. By 2017, the cloud computing will be a $117 billion USD industry, the research firm predicts. Note that it was only $47 billion USD in 2013. By 2017, IDC also predicts that 3 out of every 10 mid-market companies will go for public cloud solution while 2 out of every ten will go for private cloud solutions. In other words, this industry will see a growth rate of 20% for the coming 5 years.
Why Should Mid-Market Companies Adopt Cloud?
- Cloud solutions increase the implementation speed of the IT projects, which means savings on time, cost and the usage of business resources on a particular project. A standard cloud solution can be tailored to fit any particular need within days. Sometimes, no internal resource is needed for the short-time payback solutions.
- The billing of cloud solutions are either “pay as you go” or monthly, which means you pay for what you actually use. As the resource commitment is kept low, cloud solutions can easily help in budgeting by reducing the risk of low allocation while keeping the upgrade option alive without any prior commitment.
- Most of the company who are providing cloud computing solutions in India provide as 99.99% up-time with pre-specified time for system maintenance and updates. They also are ready to pay fines for any failure outside these specified slots. This makes cloud services very reliable while the client can reduce the risk of financial loss from cloud failure.
- Cloud helps businesses to reduce the internal support system and focus more energy on strategic business aspects. This feature is particularly helpful for the non-IT businesses as they can take care of their original business while cloud can operate almost independently. No need to maintain or look after a dedicated and large IT department as cloud can handle itself. Moreover, the cloud providers are also there to look after the business once they move to the cloud.
- Cloud computing is not only about moving capital expenses (CAPEX) to operating expenses (OPEX). Exploiting the total benefit of cloud can also mean short-term ROI, improved the flexibility of the organisation and reduced the CAPEX to a basic minimum.