Microsoft nearing 40% market share for cloud services in India after setting up local infrastructure

According to a new report from The Economic Times, Microsoft is nearing a 40% market share for cloud services in India after setting up local infrastructure in the country. Chairman of Microsoft India Bhaskar Pramanik told the newspaper that small and medium businesses (SMB) and startups have led the move to cloud services “along with verticals like banking, financial services & insurance (BFSI), healthcare, e-commerce and the government sector”. He added:

“Cloud adoption is helped by the market itself, which has moved more to the cloud. We feel that we opened our data centers at the right time, and they acted as catalyst and further accelerated the trend. We are also seeing a move to Microsoft Azure.”

According to Pramanik, Microsoft currently has 150,000 customers in the SMB space with a majority of SaaS (software as a service) customers.¬†Usage of cloud services is much higher in the SMB space than in large enterprise “because they don’t want the hassle of owning large infrastructure”.

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