Categories: Cloud

Cloud a big game changer, can drive economic growth: Microsoft CEO

Satya Nadella, CEO, Microsoft said that there is tremendous momentum in cloud adoption, as he termed cloud as a “big game changer.”

Nadella today addressed the Microsoft Future Ready Leadership Summit in Mumbai.

“Cloud and Artificial Intelligence (AI) can help to drive economic growth. When you move to the cloud, for example, it is 70-80% more efficient,” Nadella said.

According to research firm IDC, the overall Indian public cloud services market is expected to reach USD 13 billion by 2026, growing at a CAGR of 23.1% for 2021-26. The revenue totalled USD 2.8 billion for the first half of 2022.

Nadella also shared is thoughts around data and automation.

“To reap the benefits of AI there is need to have a robust data infrastructure in place. India is building out digital infrastructure as a public good, and this is a great example of it,” Nadella added.

Nadella is also scheduled to visit Delhi and Bengaluru this week, and will be meeting key customers, startups, developers, educators, and students during his India visit.

ET Edge Insights

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