Cloud offers big benefit for small biz: AWS
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Amazon Web Services (AWS), an Amazon.com company, released a new report revealing that small businesses that embrace cloud-enabled technologies in India are expected to unlock up to Rs 1.6 trillion in annual productivity gains and support 45.9 million jobs across the healthcare, education, and agriculture sectors by 2030, representing 9 per cent of total jobs in India.
AWS commissioned the “Realizing a Cloud-enabled Economy: How Cloud Drives Economic and Societal Impact Through Small Businesses” report to examine the potential benefits of moving to the cloud for small businesses (defined as businesses with fewer than 250 employees) addressing societal issues.
Conducted by global professional services firm, Accenture, the report uses Organization for Economic Cooperation and Development's (OECD) definition of cloud adoption levels to forecast a cloud-enabled economy in 2030, where 90 per cent of all businesses adopt at least a basic level of cloud technology.
The report reveals that India’s current rate of at least basic cloud adoption for all businesses, such as the use of web-based email services or cloud-based storage solutions, is at 28 per cent.
