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'India high-growth market for Cloud services'
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SME Times News Bureau
Around 68 percent of enterprises in India, with 100-plus employees, are
using Cloud-based services, while the remaining 32 percent plan to do
so over the next 24 months, a new study by market research and advisory
firm Current Analysis said in New Delhi.
"India is fast emerging as a
high-growth market for Cloud services, led thus far by the private Cloud
segment. However, there is huge potential for adoption of public Cloud
services, which are in their early stages of market development," said
Harish Taori, research director for the Asia Pacific region at Current
Analysis.
This is in line with trends in the larger Asia-Pacific
market where the adoption of Cloud-based services is as high as 65
percent. In North America, this number is 68 percent, said the study
that spanned in 19 countries across four key regions globally.
The
study also finds that the scale of Cloud services adoption easily
surpasses those of other new-generation ICT services including Big Data
and Enterprise Mobility.
"While a significant 39 percent of the
respondents ranked Cloud as their no.1 investment priority in India, 16
percent said it would be Big Data while 12 percent favoured Enterprise
Mobility. Network Security jointly ranked as the no. 2 investment
priority, along with Big Data," the study said.
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Customs Exchange Rates |
Currency |
Import |
Export |
US Dollar
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66.20
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64.50 |
UK Pound
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87.50
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84.65 |
Euro
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78.25
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75.65 |
Japanese
Yen |
58.85 |
56.85 |
As on 13 Aug, 2022 |
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