India’s public cloud market to rise by 53%: Akash Ambani

Source: The Hitavada      Date: 20 Jan 2018 10:35:26


MUMBAI,

Jan 19,

(PTI),

INDIA’S public cloud market was likely to rise by more than 53 per cent to USD 4 billion by 2020 as the world’s fastest growing economy became more digitised, said Akash Ambani, Director, Reliance Jio Infocomm. Making his first solo appearance at a public event, Akash, the eldest son of billionaire Mukesh Ambani, spoke about open source, artifical intelligence, blockchain and OpenStack.

“India’s public cloud market is estimated to be USD 2.6 billion in 2018 and over USD 4 billion by 2020,” he said at the India Digital Open Summit here on Friday. Gartner Inc had estimated the public cloud services market in India at USD 1.81 billion in 2017. Public cloud computing uses cloud computing technologies to support customers that are external to the provider’s organisation. Using public cloud services generated the types of economies of scale and sharing of resources that could reduce costs and increase choices of technologies, Gartner said.

Ambani, who is a director on the fast-growing 4G telecom service provider Jio, said open source was very important for his company, which was participating in many projects including ONAP. The Open Network Automation Platform (ONAP) is a open source networking automation standard, revolutionising the way future networks will work.

Stating that the Open Source community helps drive the technology progression for areas of interest globally, Ambani said that Artifical Intelligence was becoming mainstream for all. AI projects had leveraged Open Source to enable continuous innovation, he said, adding that along with broadband, one of the key technology enabling infrastructures was Cloud. He said that OpenStack - the world’s largest fully open source cloud project, was being leveraged for more and more projects/enterprises -- powering over 60 data centres public and private clouds around the world - including Reliance Jio.