• Privacy Policy
  • About Us
  • Contact Us
  • Home
  • Business
  • Computers
  • Gear
  • Real Estate
  • Review
  • Technology
No Result
View All Result
  • Home
  • Business
  • Computers
  • Gear
  • Real Estate
  • Review
  • Technology
No Result
View All Result
Cartographeum
No Result
View All Result

‘Firms to raise spend on hybrid cloud’

Juliet Woodard by Juliet Woodard
September 3, 2020
Home Business
Share on FacebookShare on Twitter

Indian enterprises are expected to spend almost half of their cloud budget on hybrid over the next three years, said IBM.Business executives in the country are increasingly planning to invest in hybrid multi-cloud platform strategies and capabilities to drive business transformation and unlock value, as per a survey by IBM Institute for Business Value.Indian companies may be using at least 10 clouds from a growing number of vendors by 2023 but only 29% of businesses have a holistic multi-cloud management strategy.According to respondents, some 17% of their IT spend is allocated to cloud at present and they plan to increase the share of spend on hybrid from 42% to 49% by 2023. The majority of their cloud budgets are being allocated to hybrid cloud platforms even as their public cloud spend is set to reduce from 50% share today to 43% by 2023. Most industries will exhibit growth in the number of clouds they will deploy, which can go up to 10 clouds particularly in insurance, telecommunications and retail as these industries will continue to expand multiple cloud deployments in the next three years.Commenting on the survey insights, Viswanath Ramaswamy, Vice-President, IBM Cloud and Cognitive Software and Services, IBM India/South Asia said, “The adoption of cloud has been a central feature in developing new, digitally-driven business models. In India, leading businesses such as Bharti Airtel and Vodafone Idea are achieving business transformation by leveraging hybrid multi-cloud platform technology and embedding AI. We are betting big on Hybrid Cloud which is secure, interoperable, open and free from vendor lock-in.”The survey was conducted between February and April 2020 in collaboration with Oxford Economics and covered 6,000 executives globally, including 412 executives from India, across industries, job titles and geographies.

You have reached your limit for free articles this month.
To get full access, please subscribe.
Already have an account ? Sign in

Show Less Plan

Subscription Benefits Include

Today’s Paper
Find mobile-friendly version of articles from the day’s newspaper in one easy-to-read list.

Faster pages
Move smoothly between articles as our pages load instantly.

Unlimited Access
Enjoy reading as many articles as you wish without any limitations.

Dashboard
A one-stop-shop for seeing the latest updates, and managing your preferences.

Personalised recommendations
A select list of articles that match your interests and tastes.

Briefing
We brief you on the latest and most important developments, three times a day.

*Our Digital Subscription plans do not currently include the e-paper ,crossword, iPhone, iPad mobile applications and print. Our plans enhance your reading experience.

A letter from the Editor
Dear subscriber,Thank you!Your support for our journalism is invaluable. It’s a support for truth and fairness in journalism. It has helped us keep apace with events and happenings.The Hindu has always stood for journalism that is in the public interest. At this difficult time, it becomes even more important that we have access to information that has a bearing on our health and well-being, our lives, and livelihoods. As a subscriber, you are not only a beneficiary of our work but also its enabler.We also reiterate here the promise that our team of reporters, copy editors, fact-checkers, designers, and photographers will deliver quality journalism that stays away from vested interest and political propaganda.Suresh Nambath

Tags: hybrid cloudIBM
Juliet Woodard

Juliet Woodard

Next Post
Qualcomm Snapdragon 4-Series Processors With 5G Support Coming in First Quarter of 2021

Qualcomm Snapdragon 4-Series Processors With 5G Support Coming in First Quarter of 2021

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended.

Adobe Photoshop ARM Beta Version Releasing for macOS, Windows

Adobe Photoshop ARM Beta Version Releasing for macOS, Windows

November 17, 2020
Harry Potter: Puzzles & Spells Launched by Zynga on Mobile Platforms

Harry Potter: Puzzles & Spells Launched by Zynga on Mobile Platforms

September 23, 2020

Trending.

Understanding Emergency Rental Assistance For Landlords And Tenants

Understanding Emergency Rental Assistance For Landlords And Tenants

January 27, 2021
Rock Legend Gene Simmons Kisses His California Estate And High Taxes Goodbye

Rock Legend Gene Simmons Kisses His California Estate And High Taxes Goodbye

November 1, 2020
Rupee slumps 23 paise, settles below 74/USD level

Rupee slumps 23 paise, settles below 74/USD level

November 1, 2020
Webinar on weather and its impact on business on November 19

Webinar on weather and its impact on business on November 19

November 16, 2020
Should You Consider A Career As An Apartment Lease-Up Specialist?

Should You Consider A Career As An Apartment Lease-Up Specialist?

February 4, 2021

Cartographeum brings you the latest information about Tech,Real Estate & Business.

Follow Us

Categories

  • Business
  • Computers
  • Gear
  • Real Estate
  • Review
  • Technology
  • Uncategorized

Tags

Amazon Apple Watch 2 Bombay stock exchange BSE Business Buying Guides china closing trade coronavirus Covid COVID-19 currency dollar rate economy Finance Ministry foreign exchange forex gold india indian economy Indian stock market Industry iOS 10 lockdown luxury homes market and exchange markets nifty Nirmala Sitharaman NSE oil pandemic Playstation 4 Pro rbi real estate Reserve Bank of India rupee rupee rate Rupee value rupee vs dollar sensex Sillicon Valley stock exchange Stocks USD

Recent News

Sensors Star In Mayo Clinic, Delos, KB Pilot Amid Healthier New Home Goldrush

Sensors Star In Mayo Clinic, Delos, KB Pilot Amid Healthier New Home Goldrush

March 1, 2021
Nine Ways Real Estate Decision Makers Can Address Affordability And Gentrification

Nine Ways Real Estate Decision Makers Can Address Affordability And Gentrification

March 1, 2021
  • Privacy Policy
  • About Us
  • Contact Us

© 2021 JNews - Premium WordPress news & magazine theme by Jegtheme.

No Result
View All Result
  • Home
  • Review
  • Computers
  • Gear

© 2021 JNews - Premium WordPress news & magazine theme by Jegtheme.