11 years, 5 months ago

Cloud computing can help the SME sector grow and transform

The small and medium enterprises sector is the backbone of the Indian economy as it employs around 40 per cent of the Indian workforce. According to Zinnov, a leading management consulting company, the cloud computing market in India is expected to reach $4.5 billion by 2015 and the SME sector is likely to drive growth. Actually, it is simple and cost-effective for SMEs to run IT solutions by having an account with a cloud computing service provider. But, actually cloud computing cuts down the cost of investment in hardware and software as these services are provided by the service provider on pay per use basis or subscription basis, which is affordable by cash-strained SMEs. Cloud computing helps in collaborative work among various team members in online mode.

The Hindu

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