How Oracle Cloud is helping Indian SMBs, startups weather pandemic (Ld)

By Nishant Arora New Delhi, Oct 31 : After spending over seven months in uncertainty around the pandemic-induced lockdowns, 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, a top Oracle India executive said on Saturday.
From an overall market perspective, most organisations are keen now more than ever to transform into digital-first businesses.
According to Shailender Kumar, Regional Managing Director, Oracle India, they are seeing increased demand for Cloud services from organisations of all sizes to not only weather the current crisis but also be prepared for a digital future.
“Buoyed by rising Cloud demand and to aid better disaster recovery and regulatory compliance, we made our second local cloud region available to customers just a few months ago. Our cloud business is growing well and is on the right track,” Kumar told IANS.
A recent Nasscom report forecast that the Indian cloud computing market is currently valued at $2.2 billion and is expected to grow at 30 per cent (year-on-year) to reach $7.1 billion by 2022.
Nearly 50 million SMBs and startups in the country have a key role to play in the Cloud adoption.