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Prabhudas Lilladher Report
Hyperscalers (Amazon Web Services, Azure, Global Cloud Services) revenue growth has further accelerated (37%/51%/54% YoY) in Q2 CY21 on top of strong growth (29%/47%/43% YoY) in Q2 CY20.
In a hyper-connected world, cloud and artificial intelligence can power scalable mass automation.
By using enterprise applications on the cloud, business service providers can engage with their geographically dispersed customers in a cost-efficient yet personalised manner.
Enterprise software-as-a-service and domain specific SaaS solutions are key to enterprise hybrid multi-cloud strategy.
SaaS provides rich feature sets and faster time-to-market for standardised business processes, with low operational overhead and high reliability.
Indian IT players have a strong collaboration with hyperscalers and it provides a win-win situation for both as IT services providers help in improving utilisation of hyperscaler's cloud by accelerating client's transformation journey.
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