IDC reports India’s cloud computing market will grow at a 26% CAGR through 2020.
San Francisco-based cloud computing firm Salesforce.com and its partners are looking to to drive nearly 500,000 jobs in the Indian market by 2020, India press reported.
The reports note that by 2020, Salesforce.com is expected to drive the creation of 136,000 jobs within its customer base. Additionally, the firm and its ecosystem are also expected to enable the creation of 351,000 indirect jobs along the supply and distribution chains serving customers.
An IDC report sees cloud spending in India increasing at a 26% compound annual growth rate between 2015 and 2020, with spending on public cloud in India expected to reach $1.408 billion by 2020. The report also states the benefits of cloud computing coming from Salesforce.com customers in India will add $4.2 billion worth of gross domestic product to the India economy, and that cloud computing was responsible for close to $8 billion of the revenues generated by business organizations in the India market.
“For every rupee Salesforce makes in India in 2016, the Salesforce ecosystem should make 2.7 rupees,” the report noted. “By 2020, that ratio should be [three-to-eight].”
Alibaba opens cloud computing center in Australia
In other APAC news, China e-commerce giant Alibaba opened a new data and cloud computing center in Sydney, Australia.
The Chinese firm recently opened an office in Melbourne to boost its commercial presence in the local market. Company executives said the new data center was part of a global expansion program, with new centers recently opened in Germany, Japan and Dubai.
Alibaba’s cloud business already operates data centers in China, Hong Kong, Singapore and the U.S. The firm also confirmed plans to open a second data center in the Australian market in the future, without providing further information.
