THE EVOLVING NEEDS OF BUSINESSES IN INDIA & HOW PROVIDERS CAN ADDRESS THEM EFFECTIVELY

Piyush is a born leader and gifted strategist. He specializes in innovating technologies such as cloud hosting platforms, data center management systems, core banking solutions, and Pay-PerConsume billing systems, all aimed at providing excellent customer experience and satisfaction. Piyush founded ESDS Software Solution at the age of 23 and has successfully expanded ESDS Group to 19 nations across APAC, Europe, the Middle East, the Americas, and Africa.

- Piyush Somani,

In this exclusive thought leadership piece in discussion with the siliconindia magazine Editorial team, Piyush Somani, Founder, CMD & CEO, ESDS & President CCICI sheds light on ‘The Evolving Needs of Businesses in India and How Providers Can Address Them Effectively’. Let’s read through!

The adoption of technology is crucial across various industries in India. Cloud Computing and Artificial Intelligence have been pivotal in transforming the country's economy, propelling it to global tech superpower status. The India public cloud services market is expected to reach $13.0 billion by 2026, with a 23.1 percent CAGR for 2021-26, as per IDC. Revenues for the first half of 2022 totaled $2.8 billion. India's abundant IT professionals have positioned the country as a leading hub for innovation and technology services. Cloud technologies have greatly grown in the past decade because businesses today are able to innovate through on-demand access to varied technologies, distribute workloads, facilitate scalability and agility, optimize costs, allow data-driven decision making, and enable collaboration. This transition holds particular significance for India, given the immense potential of cloud computing to profoundly impact various sectors and facilitate substantial economic expansion in the country.

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