"The Clouds have come down to Earth ". Shree Parthasarathy, Sr. Director - Enterprise Risk Services, Deloitte, who chaired the conference, quipped, as he kick started Cloud Computing World Forum India 2011. He
may have well added, "They are everywhere". With 1100 registered
attendees, it was a Cloud jamboree, with enthusiasm reaching
stratospheric levels, amidst cloudy perceptions, driven by marketing on
steroids. Every product is cloud-centric, hovering around the
tag-cloud of benefits that every cloud vendor promises to reinvent IT
for the future. No wonder Cloud pundits have declared, 'Its official:'Cloud Computing' is meaningless.'
Ravi Pandey, Senior Research Analyst, Information & Communication Technology Practice, Frost & Sullivan,
probed into the reasons behind the palpable excitement towards Cloud
offerings. "Cloud computing market is expected to grow at CAGR of 52 %
in 5 years", he predicted, based on the results from the study conducted
by Frost & Sullivan. Enterprise Cloud penetration in India would
surge by 46% in 2016, he further added. With 85% of Cloud spending in
India on SaaS, he highlighted that Non ICT Infrastructure,
Collaboration, Federation would be the key drivers