Most, if not all, young IT professionals dream of joining large multinational tech companies once they are out of college. The remuneration package is often impressive and there are other benefits that come along with money which lures young minds towards bigger organizations.
Though cloud computing technologies have been around for a while, the education sector hadn’t given serious attention to cloud migration until the emergence of remote learning models. Cloud migration has undoubtedly been a savior to educational institutions during these trying times. And now with the shift to hybrid learning from the remote learning model in the post-pandemic era, cloud computing still holds its significance in the growth of the education sector.
Organizations are shifting to cloud computing in large numbers and this can be attributed to its incredible benefits like flexibility and cost savings among others. However, cloud computing can prove to be a real game changer for your business only if you take cloud optimization too into consideration. Cloud optimization is the process of eliminating wastage of cloud space and resources and ensuring that they are utilized in the most efficient manner. Merely investing in the cloud won’t work wonders for your business. Cloud optimization enables enterprises to achieve cost efficiency and optimal performance by identifying resource wastage monitoring and correcting cost anomalies.
The fintech ecosystem in India witnessed tremendous growth during the past few years owing to the improved access to smartphones and high speed internet connectivity. Amidst the rapidly changing market conditions, it is cloud computing that enabled financial institutions to stay abreast with the evolving needs of consumers.
From being mere technology facilitators and advisors to now assuming a significant decision-making position in the company, the CTO/CIO roles have evolved
The initiatives to widen the scope of portals meant to support MSME’s is a good move, and in combination with the ‘One Nation, One Registration’, it will help in ease of doing business. However, while the ECLGS will be extended till March 2023 and its guarantee cover will be expanded by Rs 50,000 cr to total cover of Rs 5 lakh crore, several MSME’s and start-up’s like us, who seek support in terms of tax benefits and access to low interest rates for business loans, have little to look forward to