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Cloud market is growing in India
Cloud market is rapidly growing in India because cloud solutions require neither huge IT skills nor start-up investments.
According to predictions, IT industry will grow to $225 billion by 2020 and cloud computing market will reach $4.5 billion by 2015 and $16 billion by 2020.
IT systems are widely used in many sectors including: banking, government, manufacturing and telecom, whereas universities, sports channels, stock broking companies, advertising agencies are opting for cloud technology.
Some cloud issues concern security, transactional and service level, lack of apps and literature, but these problems will be solved by developing IT skills and solutions.