Bangalore: The private cloud market in India is expected to create 1 lakh additional jobs by 2015, creating a huge demand for skilled manpower to address cloud computing implementation in India, according to a recent study. Agencies
The number of jobs in the private cloud market which is around 10,000 to date will jump up significantly following increased preference of cloud adoption in the next five years in India, a study by EMC Corporation and Zinnov Management Consulting, a leading management consulting firm said.
The total cloud market in India, now at USD 400 million, is expected to reach a market value of USD 4.5 billion by 2015 of which private cloud adoption will dominate and account for USD 3.5 billion in revenues, growing at over 60 per cent.
Cloud spend of IT is expected to grow from 1.4 percent in 2010 to 8.2 percent by 2015. IT/IES, Telecom, BFSI, Manufacturing verticals and government is expected to lead spends in this, as per the study tittled "Private Cloud Landscape in India".
Going forward, Indian IT services will be called on to provide private cloud to global enterprises. However, getting skilled manpower to address these huge opportunity is going to be a challenge.
Companies today are under-skilled in addressing the cloud computing implementations in India, according to Pari Natarajan, CEO, Zinnov Mangament Consulting.
Companies will have to invest in competency building internally to take advantage of cloud computing technologies. They would also need to train senior talent pool to leverage these opportunities, he said.
Manoj Chugh, President EMC India and SAARC, said job creation would demand re-skilling of manpower, creating huge opportunities for cloud training vendor.
Early training for cloud computing would come from organisations itself which would train their manpower internally.
It will later move to tie up between training vendors and academia and be followed by academia itself introducing courses in the subject.
The career prospects would include being a cloud architect and moving on to being specialist in storage, networks, etc, said Chugh from EMC, a leader in enabling businesses and services providers to transform their operations.
"Cloud computing is expected to reshape the Indian IT market by generating new opportunities for IT vendors and driving in traditional IT offerings.
There is a high chance that companies that are not adopting IT today and don't have a major investments in data centres and server farms will directly move into the cloud model," Pari said.
In the government sector, cloud computing is expected to see greater adoption. The roll out of the UID programme and various services linked to UID is expected to create a huge opportunity in the government sector, said Pari.
According to the study, private cloud is expected to see an increased preference over public cloud over the next five years as the latter was being hindered by issues related to data security, latency, and corporate governance and auditing and vendor lock in.
Deployment of private cloud is expected to deliver upto 50 percent saving to Indian enterprises on IT investments on average compared with a legacy IT model, with cost optimisation in some of the areas.
Currently, IT/ITes contributes to 19 percent of the total cloud market in India, followed by Telecom at 18, BFSI at 15 percent, manufacturing at 14 percent and government at 12 percent.
Bangalore: The private cloud market in India is expected to create 1 lakh additional jobs by 2015, creating a huge demand for skilled manpower to address cloud computing implementation in India, according to a recent study.