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Cloud services on the growth path in India- Business News

Cloud services on the growth path in India While the current global addressable market for cloud and private cloud is $213 billion, this pales in comparison to the worldwide IT spending of $3.8 trillion Anup Jayaram | January 25, 2021 | Updated 05:21 IST There is a global surge in adoption of cloud services after the coronavirus outbreak. The surge in cloud services is quite like the story of the sage who won a game of chess against a king and as a prize asked for a grain of rice on the first square on the chessboard and double it for every consequent square. Doubling the number of grains of rice on each square on a chessboard would mean over 18 quintillion grains of rice or 1.4 million metric tonnes.

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