Businesses Getting Cloudy By 2025

Enterprises can no longer live up to their full potential without cloud technology, as it has become a trending buzzword among business environments. It provides exciting new opportunities for businesses to compete on a global scale and is redefining the way one does business. It enables a user to store and share data like applications, files, and more to remote locations. These features have been realized by all business owners, from startup to well established organizations, and they have already started using cloud computing. As per the latest Gartner report, the cloud tech services market is projected to grow 17.3 percent (USD 206 billion) in 2019, up from USD 175.8 billion in 2018 and by 2022, 90 percent of organizations will be using cloud services. Additionally, 80 percent of firms will close down their traditional datacenters by 2025. They are investing heavily in the cloud instead as is evident from the whopping USD 57.2 billion spent on cloud IT infrastructure in 2018.

10 Most Recommended Cloud Startups - 2019

Enterprises can no longer live up to their full potential without cloud technology, as it has become a trending buzzword among business environments. It provides exciting new opportunities for businesses to compete on a global scale and is redefining the way one does business. It enables a user to store and share data like applications, files, and more to remote locations. These features have been realized by all business owners, from startup to well established organizations, and they have already started using cloud computing. As per the latest Gartner report, the cloud tech services market is projected to grow 17.3 percent (USD 206 billion) in 2019, up from USD 175.8 billion in 2018 and by 2022, 90 percent of organizations will be using cloud services. Additionally, 80 percent of firms will close down their traditional data centers by 2025. They are investing heavily in the cloud instead as is evident from the whopping USD 57.2 billion spent on cloud IT infrastructure in 2018. Further, with increased adoption of futuristic technologies such as Artificial Intelligence (AI) and Machine Learning (ML), the cloud market in India is also poised to grow three fold to USD 7.1 billion by 2022, according to a Nasscom report. According to the report prepared in collaboration with Google Cloud and Deloitte Touche Tohmatsu India LLP, Cloud spending stood at approximately 6 percent of the total IT spending. Even globally, the Cloud spending on IT is growing at 16.5 percent and is expected to touch USD 345 billion by 2022, said the report titled 'Cloud Next Wave of Growth in India’. According to this report, the Cloud spending is propelled by factors such as increased awareness of Cloud, consumerization of IT, the proliferation of startup ecosystem, diverse landscape of supplier ecosystem, rising investments in infrastructure, talent, strategic partnerships and the impetus from key digital led government programs. Thus, all signs point to the fact that the cloud will continue to make headway in the enterprise space. Therefore, we bring to you a list of “10 Most Recommended Cloud Startups-2019”. Being closely scrutinized by a distinct panel of judges including CEOs, CIOs, CXO, analysts, and CIOInsider editorial board, we believe that these vendors will provide multicloud environments comprised of the right tools and infrastructure to help organizations get their jobs done more efficiently.