Unveiling Microland V4.0, Pradeep Kar, Founder, Chairman & Managing Director, said, "Led by trends like cloud computing, mobility and consumerization, IT is set to drive large scale transformation in enterprises across all industry verticals. Microland 4.0 can help businesses become more agile and innovative through a structured transformational approach towards Hybrid IT in their IT-as-a-Service journey, while simultaneously improving efficiency and effectiveness of their existing IT infrastructure through automation and process reengineering."
Gartner says that growth in the worldwide public cloud services market is forecast to significantly outpace growth in IT spending generally through 2018, causing a shift in spending from traditional IT systems to cloud. The public cloud services market is expected to grow 17.8% in 2014 to US$153 billion. Similar growth is projected for the virtual private cloud market and the private cloud market. Forrester estimates the virtual private cloud market at US$66.4 billion (US$7.5 billion in 2011) and the private cloud market at US$15.9 billion (US$7.8 billion in 2011).
NASSCOM estimates that, by 2020 one-third of the IT industry revenues will come from managed services and India will have a 45% share in the global addressable market for remote infrastructure management.
