The Covid-19 pandemic led to a nationwide lockdown in late March, forcing companies to shift to remote work. Businesses had to change their culture and become more adaptable and agile. Companies realized the role of digital transformation and cloud adoption to access the shared resource on the network, reduce cost, and manage remote working.
According to IDC, 64% of Indian firms are expected to adopt cloud computing amid the pandemic to cater to the increased need for remote working capabilities.
Given the significant squeeze on capital expenditure and ongoing reduction in operational expenses, the need for variabilization of information technology (IT) is at an inflection point. Companies are looking at options of rapid deployment of cloud solutions depending on their organizational maturity. The benefits of cloud can range from scalability, elasticity, universal access, flexible billing through low entry costs based on workloads deployed on the cloud. However, before the pandemic, the business and peer comparison pressure of the market-led companies to adopt cloud in varying degrees. At a basic level cloud was adopted through the use of collaboration tools, office tools, a CRM (customer relationship management) system. More complex uses started with moving non-core application portfolios and data to the cloud.
