As India is currently a hot spot for rapidly increasing demand in Cloud. Microsoft is panning to set up a Cloud data centre in India.
So far the Microsoft, Google and Amazon none has their data centre in India. In Asia all of them have centers in Singapore but none in India or China. Reasons for the same have been sighted as Unpredictable power supply; patchy internet connectivity, limited bandwidth and unreliable optical fibre connectivity between different parts of the country have so far prevented these companies from setting up data centre in the country. However, with cloud adoption rapidly increasing, this is set to change.
RBI guidelines prohibit storing any customer data outside of India, which limits cloud adoption by financial services company. Cloud services are the fastest growing segment for Microsoft, though it contributes less than 5% to Microsoft's overall revenue as of now. "It (cloud services) is growing double, triple digit every month, not every year," Dubois said.
According to Gartner, public cloud services market in India is expected to grow from $423 million (Rs 2,550 crore) in 2013 to $1.3 billion (Rs 7,800 crore) in 2017.Â
Changes in political and economic scenario have triggered positive sentiment for making such investments in India as believed by Gartner. "With high optimism, everyone is of opinion that enterprises will invest more into expansion and they will have to leverage IT for growth," Mishra said.