| |MAY 20195The technological advancements often change the dynamics of the business environment. And there is no denying the fact that cloud solutions have revolutionized the way business functions today. In today's connected culture, we look ahead to have access to our data the instant we need it. Cloud brings that to businesses in a fast, reliable and more secure manner than ever before. Enterprise solutions based on Cloud have quickly become a practical and financially sensible option for many businesses, regardless of their size. India's cloud market is driven by high adoption levels. As per a report named `Cloud ­ Next Wave of Growth in India' unveiled by NASSCOM), India's cloud market is expected to have a compounded annual growth rate (CAGR) of 30 per cent and is predicted to top US$7bn in 2022. Holistically cloud spending is catching up fast in India. Cloud as a concept has been around for two decades but has fathomed interest with the growing presence of hyper-scale cloud providers in big data, analytics, AI and IoT. Today, cloud is a compelling proposition for the Indian small and medium enterprises (SMEs) and government propelled by factors such as increased awareness of Cloud, consumerization of IT, proliferation of start-up ecosystem, diverse landscape of supplier ecosystem, rising investments in infrastructure, talent, strategic partnerships and the impetus from key digital-led Government programs. The fact that the popularity of the cloud is growing by leaps and bounds can be attributed to the immense benefits that cloud solutions bestow to different businesses. In a nutshell, cloud technology has the potential not just to improve information storage and security, but also the way businesses work with each other and the accuracy with which business decisions are made. Do let us know your thoughts.Nandini MukherjeeManaging EditorCloud Technology has Potential Benefits to Offer Vol 1 · Issue 1 · May, 2019 Publisher Alok ChaturvediManaging Editor Nandini Mukherjee Editorial TeamAmit Raja Naik John Roshan AntoMonica Pallavi J Aparna RoyGroup Art Director Ashok Kumar Visualisers ManjunathSiva Shankarsales@theindustryoutlook.com Editorial Querieseditor@theindustryoutlook.comCirculation Manager Magendran PerumalCover price is Rs. 150 per issue.Printed and Published By Alok Chaturvedi on behalf of Siliconmedia Technologies Pvt Ltd and Printed at Precision Fototype Services at Sri Sabari Shopping Complex, 24 Residency Road Bangalore-560025 and Published At No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugeshpalya, Bangalore-560017.Editor Alok ChaturvediCopyright © 2019 SiliconMedia Technologies Pvt Ltd, All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher.
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