Is the Emerging Cloud Market Heading Away From North America?
Outsourcing is hardly a new idea in the technology industry, and the burgeoning tech market in India has seen the rise of everything from call centers to IT administration and now, cloud computing. Predictions show the emerging cloud market in India reaching significant financial milestones over the next decade, and while many North American companies think they will be at the forefront of this evolution, there’s some data to indicate cloud computing’s real gains may come in the East.
A Look at the Numbers
A recent InformationWeek article talks about the numbers surrounding this growing cloud market, particularly when it comes to spending and employment. Nasscom and Deloitte predict that the cloud in India will be worth $16 billion by 2020, and Zinnov Management Consulting estimates that by 2015, it will have already reached $4.5 billion. Microsoft, in conjunction with IDC, sees over 2 million jobs created in India in that same three-year period…

