You are here: Home » Companies » News
Business Standard

20% of Indian firms to adopt connected cloud strategies by 2023

Enterprises in India are leveraging cloud for objectives beyond business continuity, an IDC report said on Tuesday

Topics
Cloud computing | Cloud services | India Inc

IANS  |  New Delhi 

Cloud technology
Representational image

Enterprises in India are leveraging cloud for objectives beyond business continuity and cost and about 20 per cent of organisations in the country will adopt connected Cloud strategies by 2023, an IDC report said on Tuesday.

By 2024, over 50 per cent of enterprises will replace outdated operational models with cloud-centric models that facilitate rather than inhibit organisational collaboration, resulting in better business outcomes.

"The new normal will witness some of the temporary shifts become permanent like hybrid workforce, customer interactions, among others," said Rishu Sharma, Principal Analyst, Cloud and AI, IDC India.

"As businesses prioritise resiliency, agility, and efficiency, they will adopt cloud-native architectures, that allow them to cater to the customer and end-user demands swiftly".

Early adopters of cloud and digital technologies have witnessed the least impact on their business operations during the pandemic.

Through 2023, all enterprises struggle with app modernisation and data integration across Cloud silos.

To gain business agility, enterprises will commit to modernizing over half of their existing applications by 2025, through use of turnkey cloud-native development and deployment services.

"Cloud continues to be the underpinning platform for digital transformation initiatives and has therefore seen an acceleration in demand. Enterprise applications and software that support and align with organizations' digital transformation strategy are critical investments," said Swapnil Shende, Senior Market Analyst, Artificial Intelligence, IDC India.

Organisations are planning increased investments in cloud infrastructure and platforms as it aids in faster and more effective ways of application development, the report said.

--IANS

na/

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Tue, February 23 2021. 15:44 IST
RECOMMENDED FOR YOU
.