The private cloud market in India is expected to create one lakh additional jobs by 2015, creating a huge demand for skilled manpower to address cloud computing implementation in India.
The number of jobs in the private cloud market, which is around 10,000, today 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 $400 million, is expected to reach a market value of $4.5 billion by 2015, of which private cloud adoption will dominate and account for $3.5 bn in revenues, growing at over 60 per cent.
Cloud spend of IT is expected to grow from 1.4 per cent in 2010 to 8.2 per cent 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 opportunties, he said.