Clouds on the horizon: Cloud computing opportunities in India

“Cloud computing” is one of those catch phrases that seems to have taken the internet by storm. But what exactly does it mean? In a nutshell, cloud computing is the concept of providing resources as a utility over the internet. Instead of storing data in your hard drive, you can store it in an online repository, known as the Cloud. Applications or software that you use can also be accessed and executed directly from the Cloud. Hence, you would be spared of the burden of storing something locally – rather similar to a bank account. 

This is particularly appealing to startups and SMEs (Small and Medium Enterprises), since they can save significant amounts of money and resources in maintaining their data and applications. According to a study undertaken by IBM across 22 countries, businesses plan to invest more in Cloud Computing than in any other area.