Public Cloud Services Seems Promising growth

Leading cloud providers AWS and Azure are building an ecosystem of tools along with cloud infrastructure. Today, cloud-based applications are powering a number of uses - navigating ships carrying cargo, connecting online and offline retail markets, machine learning in fintech for fraud detection and many more.

Worldwide spending on public cloud services and infrastructure will more than double over the 2019-2023 forecast period, as per IDC. At the same time Public cloud revenue in India likely to grow 24% this year. India ranks among the nine countries whose growth rate will be higher than the global average growth rate.

The deep survey says, India’s revenue will represent only 1.2 per cent of the global public cloud services in 2019, the growth will largely be driven by investments of enterprises in increasing data analytics. India is also on track to record the third-highest growth rate in 2019 after China (33 per cent) and Indonesia (29 per cent), taking into consideration that its (India’s) revenue base is much smaller than the mature markets.

The top public cloud providers like Amazon Web Services, Microsoft Azure and Google Cloud, analysts have noted that a few companies or partnerships offer a differentiated offering right now. However, the market will mature further. There are few Indian companies also offers their cloud services including Netmagic, Sify, Ctrls, ESDS, Digital Ocean etc.

Few Indian Data center companies and cloud partners are helping the Global giants to grow by setting up of their data centre in their premises, like fully setting of the Data centre and give to their usage with 5 to 10 years of lease agreement and also selling their solutions to the customers. Data centre market in India to touch $7 billion by 2020, The market growth is driven by a number of factors including a rise in digital data traffic, public cloud services, and a higher expected growth for IoT enabled devices.

CtrlS - Asia’s largest Tier-4 datacenter player estimates the current data center capacity in the market to be close to 10.9 million square feet. The firm is now looking to add 5 million square feet (2 million square feet each in Mumbai and Hyderabad by 2020 and 1 million square feet in Chennai by 2021). From the current 1 million square feet, this will take up the firm’s capacity to 6 million by 2021. Says Sridhar Pinnapureddy, Founder and CEO, CtrlS Datacenters Ltd, “CtrlS is investing in Hyperscale capacities and will soon emerge as the largest Tier-4 datacenter player globally with a cumulative footprint of 6 million square feet by 2021.

Similarly, Netmagic, has launched two new high density and hyperscale data centers in Mumbai (DC 6) with 2,750 rack capacity and Bangalore (DC 3) with 1,500 rack capacity. With these two new data centers, Netmagic has a total nine data centers in India among which six are located in Mumbai and three in Bangalore. Overall, these two new facilities will expand NTT Com’s data center capacity (server room) in India by 70 percent.

The growth is primarily due to the "Adoption of public (shared) cloud services continues to grow rapidly as enterprises, especially in professional services, telecommunications, and retail, continue to shift from traditional application software to software as a service (SaaS) and from traditional infrastructure to infrastructure as a service (IaaS) to empower customer experience and operational-led digital transformation (DX) initiatives," said Eileen Smith, program director, Customer Insights and Analysis. The move to cloud is also prompting an increase in targeted cyber attacks on various organisations.