Thursday July 18, 2019
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Nasscom Announces Global Cloud Computing Challenge

According to NASSCOM, Cloud computing has democratised access to technology and in the Asia-Pacific region, India stands second only to China, as the largest and fastest-growing cloud services market

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IT corridor, india-china
The new corridor will facilitate partnerships between Indian and Chinese firms as part of Nasscom's efforts to evangelise IT development in newer geographies. Pixabay

To develop a sustainable workforce for disruptive technologies, IT industry’s apex body Nasscom on Tuesday announced that it is organising ‘WorldSkills India’s International Cloud Computing Challenge 2019’ in partnership with the National Skill Development Corporation (NSDC).

Intended to reflect upon areas including Cloud computing, exchange ideas and technical know-how of the IT industry, the four-day competition would commence on July 2 and end on July 6, Nasscom said in a statement.

Ten countries including India are participating in the competition, along with New Zealand, Belgium, Japan, China, South Korea, Russia, Oman and Ireland.

“With this growing demand for skilled talent, we are confident that the initiative will not only help re-engineer education and but also make the workforce skilled and future-ready,” said Debjani Ghosh, President, Nasscom.

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The finalists would further compete in the 45th “WorldSkills International Competition 2019”, to be held in Kazan, Russia in August this year.

“WorldSkills India” is an NSDC initiative launched in 2011 to provide a platform to the youth, along with industries and educators to compete, experience, learn and develop key professional skill sets required for Industry 4.0.

According to NASSCOM, Cloud computing has democratised access to technology and in the Asia-Pacific region, India stands second only to China, as the largest and fastest-growing cloud services market. (IANS)

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India’s Cloud Market to hit $7 bn by 2022: Nasscom

The report also draws attention to a few challenges to the growth of Cloud market in India such as data security and lack of Internet infrastructure specially in tier-2 and rural markets of the country

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IT corridor, india-china
The new corridor will facilitate partnerships between Indian and Chinese firms as part of Nasscom's efforts to evangelise IT development in newer geographies. Pixabay

With increased adoption of futuristic technologies such as Artificial Intelligence (AI) and Machine Learning (ML), the Cloud market in India is poised to grow three-fold to $7.1 billion by 2022, according to a Nasscom report on Tuesday.

In 2018, Cloud spending stood at approximately 6 per cent of the total IT spending, according to the report prepared in collaboration with Google Cloud and Deloitte Touche Tohmatsu India LLP.

“India’s Cloud computing market is poised for growth and the technology is increasingly being embraced across businesses as well as consumers,” Debjani Ghosh, President, Nasscom, said in a statement.

Newly appointed Nasscom Chairman- Rishad Premji.

Globally, the Cloud spending on IT is growing at 16.5 per cent and is expected to touch $345 billion by 2022, said the report titled “Cloud — Next Wave of Growth in India”.

The report highlights that Cloud spending is propelled by factors such as increased awareness of Cloud, consumerisation of IT, proliferation of start-up ecosystem, diverse landscape of supplier ecosystem, rising investments in infrastructure, talent, strategic partnerships and the impetus from key digital-led government programmes.

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Futuristic technologies such as AI and ML are aiding in the seamless adoption of software as a service (SaaS), infrastructure as a service (IaaS) and platform as a service (PaaS) offerings, giving a boost to the Cloud market.

The report also draws attention to a few challenges to the growth of Cloud market in India such as data security and lack of Internet infrastructure specially in tier-2 and rural markets of the country. (IANS)