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Public cloud deployment could add $100 bn to India GDP by 2023 and create 2.4L jobs: Study |


bhaigan

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Google Cloud and Boston Consulting Group (BCG) in a joint study released on Wednesday said that India continues to show potential for rapid growth in public cloud. Projected to grow at a CAGR of 25% from US$3 billion in 2018 to US$8 billion in 2023, public cloud deployments in India have the potential to contribute approximately US$100 billion in GDP cumulatively from 2019 to 2023 according to the study.
 

The study added, when annualized, this is equivalent to 0.6% of GDP and 15% of the GDP impact of the IT industry and 25% of the textile industry in India - which are both key industries in India.

According to the report, the business efficiencies and growth resulting from public cloud deployments also have the potential to lead to up to 240,000 jobs and impact 743,000 jobs through second order effects from 2019 to 2023.

Of the 240,000 direct jobs, around 157,000 will be in digital and technology-related roles such as data scientists, product managers, engineering, design, user experience and infrastructure management jobs with cloud service providers, IT service providers and across industry verticals. Another 83,000 direct roles will be related to core business functions (marketing, finance, operations etc.) across industry verticals, said the study.
 

 
 
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9 minutes ago, redsox said:

India lo edaina cloud service provider undaa like AWS, Azure, GCP?

only Mumbai. AWS.  with 3 availability zones..

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11 minutes ago, redsox said:

Nice, Migatha vallu Inka enduku enter kaledu?

vallu inka worldwide market ye capture cheyalekapoyaru..anduke..

AWS has reached every continent..first one pening in Africa Capetown

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9 minutes ago, Spartan said:

vallu inka worldwide market ye capture cheyalekapoyaru..anduke..

AWS has reached every continent..first one pening in Africa Capetown

Ante india pedda opportunity kadaa. So US lo elagu dobbindi Migatha chotla Aina start cheddam ani think chestharemo ani 

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4 minutes ago, redsox said:

Ante india pedda opportunity kadaa. So US lo elagu dobbindi Migatha chotla Aina start cheddam ani think chestharemo ani 

no India is not yet a big market...for cloud.

flipkart etc lanti companies using AWS but hosting it in Singapore...data center.

India lo Govt data store cheyadaniki CLoud would be a good option..but US Govt data center lanti strict policies levu..mana deggara..

so its better to stay away from it until those proper guidelines are in place.

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40 minutes ago, Spartan said:

no India is not yet a big market...for cloud.

flipkart etc lanti companies using AWS but hosting it in Singapore...data center.

India lo Govt data store cheyadaniki CLoud would be a good option..but US Govt data center lanti strict policies levu..mana deggara..

so its better to stay away from it until those proper guidelines are in place.

Gotcha

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