Indian cloud services worth close to a billion

Clouds in Oxford: pic Mike MageeA report from Gartner said cloud services in the subcontinent will be worth $838 by the end of this year.
That figure will be up by almost a third – revenues last year totalled $632 million.
The revenues are being generated by cloud infrastructure as a service (Iaa), management and security, and infrastructure platform as a service (PaaS).
The market will be worth $1.9 billion by 2018, Gartner predicts.
Ed Anderson, a research VP at the market analysis firm, said Indian organisations looking to outsource their IT are turning to public cloud services.
“Cloud services are not only being used for low value or transient workloads, but also increasingly for production workloads, including some mission critical initiatives,” he said.
While business process as a service (BPaas) was worth $130 million in 2014, it will be with $351 million in 2018, while SaaS will grow from $246 million last year to $707 million in 2018.