AWS Sees a 54% Revenue Jump In India (Post Pandemic)

NovelVista

Last updated 22/07/2021

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In 2020, the Indian unit of AWS reports a 54% jump in revenue of Rs 4216 crores. 

As we all know, the Covid-19 pandemic impacted and increased Cloud adoption by several years in 2020, and all the Indian organizations, including SMBs, optimized their choices to disregard the heritage foundation and move their tasks - in piecemeal or in full - to Artificial Intelligence (AI) and AI (ML)- fueled Cloud. 

For Cloud players, the year offered an extraordinary occasion to sell their adaptable and secure Cloud-based arrangements while keeping information inside the domains of the nation.

As per an IDC study that turned out in November, in excess of 60% of the Indian associations intend to use Cloud stages for advanced development, as the organizations re-plan their IT spending plans because of Covid-19.

And that resulted in AWS’s revenue jump from  2637.2 crores to 4161 crores. It completely depended on the new cloud computing customers of India who started using AWS recently when the remote work culture took over the world.

These recent cloud migrations of Indian organizations created a huge impact on the entire AWS business. Not just for AWS, but for other cloud platforms too. As indicated by Shailender Kumar, Regional Managing Director, Oracle India, a few Indian organizations like Polycab, Religare Broking, and Mphasis proceeded onward to its second-age cloud services in India, in the midst of the rising interest for secure, undertaking grade Cloud administrations in the pandemic. "Buoyed by rising Cloud demand and to aid better disaster recovery and regulatory compliance, we made our second local cloud region available to customers in India. Our cloud business is growing well and is on the right track in the country," Kumar told IANS. After spending so many months in house arrest, "there has been an uptick in business sentiment in India and a vast number of small and medium businesses (SMBs) and startups are now turning to the Oracle second-generation cloud infrastructure for high performance and growth," Kumar explained.

But the AWS growth in India is the most, as AWS invested about Rs. 20761 crores in setting up data cluster centers in Telengana. State’s technology minister Rama Rao thinks this will mark the biggest foreign direct investment in the southern part of India.

AWS affirmed the foundation of different server farms - named as a cloud region- in Hyderabad, which will be second in India after Mumbai. The move is pointed toward aiding the Jeff Bezos-drove organization bait more neighborhood and worldwide administrations firms to have applications on its cloud offices while fighting off expanded rivalry from rivals Google Cloud, IBM Cloud, and Microsoft Azure.

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AWS Sees a 54% Revenue Jump In India (Post Pandemic)