At a time when the digital landscape is evolving rapidly across various industries, cloud computing has emerged as a major driving force behind this transformation. What’s even more exciting is the role of Swadeshi Cloud Platforms like E2E Networks, offering our very own homegrown cloud solutions, in shaping India’s digital metamorphosis.
This insightful perspective comes from none other than our Chief Revenue Officer, Kesava Reddy, in his recent article for Manufacturing Today India. You can read it here.
Let’s delve into the remarkable attributes of these platforms, including their cost-effectiveness, commitment to regulations, innovative spirit, support for startups, and their profound influence on AI and ML technologies.
The Growing Indian Public Cloud Services Market
The data vividly illustrates the magnitude of this shift. As per findings from an IDC report, the India public cloud services market is expected to achieve a substantial growth, reaching a projected value of $17.8 billion by 2027. This showcases a strong Compound Annual Growth Rate (CAGR) of 23.4 percent during the period from 2022 to 2027.
Cost-Effectiveness and Predictable Pricing
A key factor driving the preference for Swadeshi cloud platforms among Indian businesses is cost-effectiveness and predictability in pricing.
‘Swadeshi Cloud Platforms, like E2E Cloud, for instance, typically exhibit a deep understanding of their clientele’s needs, translating into flexible billing models, such as 100 per cent predictable prepaid billing, when compared to their international counterparts, and also offer significant cost advantages.’ - Kesava Reddy
This offers significant cost advantages and empowers enterprises to allocate resources with precision.
Data Sovereignty and Compliance
In an age where data sovereignty, privacy, and security take center stage, India-born cloud platforms like E2E Cloud offer the assurance of 100 percent compliance with Indian IT laws and regulations. This commitment ensures that data sovereignty remains firmly within India’s borders, making it invaluable for businesses keen on safeguarding their data and cloud infrastructure from foreign influence.
Swadeshi cloud platforms provide cutting-edge technologies like Cloud GPUs at competitive prices. According to Kesava Reddy,
‘Swadeshi cloud platforms are rapidly advancing, often outpacing global competitors in terms of offerings. A noteworthy example is how E2E Networks launched Cloud GPUs in India before other players.’
This proactive approach helps Indian businesses gain a competitive advantage and solidifies India’s leadership in the technology sector.
Support for Start-Ups
India-born cloud platforms have played a pivotal role in nurturing and empowering startups. They have provided infrastructure knowhow and support to these upcoming innovators, helping them channel their energies into innovation and growth, unburdened by infrastructure concerns.
‘With India witnessing a year on year surge in startups, platforms like ours have provided infrastructure knowhow and support to these upcoming innovators, and given the ecosystem of solutions they needed.’ - Kesava Reddy
Many Indian unicorns owe their early success to the backing of platforms like these.
With their strong roots in the Indian market, Swadeshi cloud platforms possess an in-depth understanding of India’s unique business environment. This deep local expertise empowers them to provide customized, people-centered support, ensuring that businesses receive tailored assistance and simplifying the financial aspects of adopting cloud solutions.
The Role in India’s Economic Landscape
Enterprises of various sizes and spanning diverse industries are increasingly acknowledging the game-changing potential of cutting-edge technologies such as cloud computing.
‘In India, where the 7.9 million registered Micro, Small, and Medium Enterprises (MSMEs) play a pivotal role, contributing nearly one-third of the nation’s GDP and employment, as more processes and systems transition to the cloud, the India-born cloud platforms are going to play a key role.’ - Kesava Reddy
A similar narrative is taking shape in various other sectors.
The AI Revolution
As we step into the age of Artificial Intelligence (AI), cloud platforms that are fervently constructing Cloud GPU infrastructure are poised to take on an even more significant role in India's tech arena. The Union Budget for 2023-24 underscores the vision of ‘Making AI in India and Making AI work for India.’ Notably, AI revenue in India already reached USD 12 billion in 2022, and E2E Networks, operating as an AI-First Hyperscaler, has been actively advancing the development of Cloud GPU infrastructure and Machine Learning platforms essential for AI innovation.