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Cloud Computing Trends After COVID-19, that the country embraced
Businesses in India are realising the value of the cloud and embracing it to achieve their objectives, resulting in a significant increase in cloud acceptance in the country. Every industry and business type wants to broaden their horizons and understand the benefits of being cloud first. Cloud adoption in the country has skyrocketed in recent years, as businesses use it to ensure continuity.
These organisations are experiencing benefits such as lower costs, increased efficiency, and increased productivity in their daily business operations. Along with achieving business agility, these companies are also experimenting with emerging technology, incorporating it into daily business operations, and increasing their investment in technological solutions for any business-related problem.
According to IDC’s report, the overall Indian public cloud services market is expected to reach a significant $9.5 billion by 2025.
At Oracle, we’ve seen customers become even more interested in exploring various cloud strategies, such as multi-cloud and hybrid cloud, to find the best fit for them. Some of our customers have begun to implement a hybrid cloud strategy in order to reap the benefits of public cloud. Our customers are also eager to learn more about cloud computing, and one of Oracle’s customers, an IT services firm, has stated that it plans to implement a zero data centre policy within the next three to four years. To meet this massive demand and assist our customers on their cloud journey, we intend to have at least 44 cloud regions by the end of 2022.
How do you see government organisations transitioning to the cloud? Could you please elaborate on Oracle's role in assisting the rise of cloud computing among public-sector organisations?
The public sector is actively comprehending and participating in the digitization race. Even though they live in a world where the cloud is no longer an option but a necessity for business success, these organisations are wary of completely relying on the cloud. This is primarily due to the highly sensitive nature of their data, which necessitates extensive regulatory compliance in order to keep the data secure. When it comes to selecting a cloud provider, public sector organisations must exercise extreme caution. To make things easier, the government has released a list of MeitY-approved Cloud Services Providers who are qualified to provide services to governments and public-sector organisations.
With decades of experience, Oracle is assisting the public sector in its transition to the cloud. As a MeitY-approved cloud provider, we manage some key Indian public sector projects and organisations ranging from logistics and commerce to healthcare, to name a few. As a testament to and continuation of this support, we recently launched OCI dedicated regions in India and globally, allowing customers to use public cloud on their premises. Customers benefit from the efficiency that Oracle is known for while incurring low operational costs. With any and all offerings for the public sector, our sole goal is to assist them in their mission of ensuring public development.
What are your predictions for the outcomes of cloud adoption in the public sector?
Based on customer interactions with our public sector customers, we are confident that cloud will become a dominant technology in the public sector in the future. We are already seeing a huge potential for AI/ML, data analytics, blockchain, and other technologies to improve results, overall agility, and delivery. As the public sector recognises cloud computing as a necessity, it will help to improve the nation’s public service delivery. The sector can also heavily rely on strategies such as hybrid cloud to move only non-critical data to the cloud while keeping the most sensitive data on-premises. This will allow them to concentrate on much more important aspects while cloud focus on the rest of it.
What are your predictions for the outcomes of cloud adoption in the public sector?
Based on customer interactions with our public sector customers, we are confident that cloud will become a dominant technology in the public sector in the future. We are already seeing a huge potential for AI/ML, data analytics, blockchain, and other technologies to improve results, overall agility, and delivery. As the public sector recognises cloud computing as a necessity, it will help to improve the nation’s public service delivery. The sector can also heavily rely on strategies such as hybrid cloud to move only non-critical data to the cloud while keeping the most sensitive data on-premises. This will allow them to concentrate on much more important aspects while cloud focus on the rest of it.
Another key trend that has already emerged is the use of data to its full potential. Businesses can derive extremely valuable insights from the massive amounts of data generated in order to monetize and utilise it. Every company wants to provide better service to their customers, and in order to do so, they must investigate cloud and related technologies for efficiency.
Businesses must be willing to accept change in order to be prepared for these cloud-related opportunities.
Furthermore, the resources must be trained so that they understand the technology and can derive results from it. Furthermore, organisations that are leveraging cloud for the first time must exercise extreme caution in selecting a cloud provider on whom they can rely and who is eager to be a partner. Cloud transformation should not be a difficult task with careful planning and support. However, the most important aspect remains that organisations must understand their goals for cloud transformation and then select a provider accordingly.