‘Domestic cloud computing estimated to grow at 53 pc’

The domestic cloud computing industry is estimated to grow at a CAGR of 53 per cent to be a Rs 2,434 crore market by 2014, a study conducted by CyberMedia Research India said.“The public cloud computing market in India is estimated to touch Rs 2,434 crore in 2014 after growing at a CAGR of 53 per cent between 2010-2014,” a company statement said.

Cloud Computing

Cloud computing refers to running applications online through a web browser and, often, storing the files that that you create with those applications on a remote server rather than on your PC or handheld device.Cloud computing is becoming increasingly attractive and popular because of the proliferation of internet-connected devices. Also, in a cloud-based model, you no longer have to worry about installing applications, storing files, or synchronising them if you regularly work on more than one computer. The disadvantage of cloud computing is that an internet connection is required, so you have to remember to download files that you want to work on offline.

Courtesy : The Hindu (Read More)