Market Research predicts Cloud Explosion in India’s ITO Industry

Cloud computing services are expected to be the top IT outsourcing services in 2011, according to recently published market research.
The Cloud is cited to bring significant benefits to ITO service providers and buyers; therefore cloud computing is hailed to be this year’s ‘booster’ of ITO.
The hottest innovation on the IT market over the past few years is undoubtedly cloud computing. Technology experts regard the adoption of could computing as a service as enabler for increased flexibility; resulting in a competitive advantage and the possibility to deal with ongoing economic pressures such as market competition or fluctuating prices.
Numerous offshore software development companies such as Miracle Technologies already adopted the Cloud into their service range with great success. The IT outsourcing service models that are most frequently offered are Software as a Service (SaaS), Platform as a Service (PaaS) and Infrastructure as a Service (IaaS).
Highlighting IT outsourcing facts, research analysts at the International Data Corporation indicate that the market of cloud computing as a software service is expected to amount to $2.5 billion by 2015.
A recent survey with numerous Indian software development companies by PricewaterhouseCoopers indicates that approximately 68% of the interviewed are already providing cloud services or planning to offer services from the Cloud.
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This release was published on openPR.