Today's program on cloud computing for Business at Bangalore was well received and was attended by Senior Business Leaders.
Some of the keen observations was the lack of adoption of cloud computing by business in India because of poor internet connectivity in smaller cities and rural areas. There were live examples of challenges in getting reliable internet access and bandwidth and more needs to be done to fix this problem to make cloud computing adoption a reality.
The second takeaway was the large technology cost to support transactions in Banking sector, almost about Rs. 50 a transaction was the estimated cost. Cloud could substantially lower this technology cost by banks adopting cloud computing.
Some banks are there in a nascent stage and some Banks offer their application as a SAAS based core banking solutions in a virtualized environment which is marketed as a cloud. More needs to be done in this area and one solution was to build a dedicated and secure cloud environment to support the Indian Banking Sector.
The take away was that Indian Business Leaders are open to adopting cloud, understand and recognize the benefits but will wait for the Network Infrastructure (Internet) quality to be upgraded in India.
I would like all the people who attended this event and also the friends and acquaintances who helped to make the program Cloud Computing for Business a reality.
Some of the keen observations was the lack of adoption of cloud computing by business in India because of poor internet connectivity in smaller cities and rural areas. There were live examples of challenges in getting reliable internet access and bandwidth and more needs to be done to fix this problem to make cloud computing adoption a reality.
The second takeaway was the large technology cost to support transactions in Banking sector, almost about Rs. 50 a transaction was the estimated cost. Cloud could substantially lower this technology cost by banks adopting cloud computing.
Some banks are there in a nascent stage and some Banks offer their application as a SAAS based core banking solutions in a virtualized environment which is marketed as a cloud. More needs to be done in this area and one solution was to build a dedicated and secure cloud environment to support the Indian Banking Sector.
The take away was that Indian Business Leaders are open to adopting cloud, understand and recognize the benefits but will wait for the Network Infrastructure (Internet) quality to be upgraded in India.
I would like all the people who attended this event and also the friends and acquaintances who helped to make the program Cloud Computing for Business a reality.
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