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Public cloud services in India to be worth $434 mn this year

As per Gartner, infrastructure as a service (IaaS), including cloud computing, storage and print services, is expected to grow 41.8 percent in 2013 to USD 62.5 million.

Cloud products seeing massive adoption in India: Oracle

Cloud computing facilitates sharing of technological resources, software and digital information. It operates on a pay-per-use model, helping companies cut costs as they do not have to invest heavily in infrastructure.

Cloud computing to create 2mn jobs in India: Microsoft

With an increasing number of companies adopting cloud computing, over two million jobs are expected to be created in India by 2015, a study commissioned by software giant Microsoft said on Monday.