CloudBus

This article was published in Information Week India on 10th October and is reproduced in this blog. India is poised for a digital revolution. With a government pushing digital services, and a huge focus on on empowering every citizen with an identity card, a bank account, insurance and a digital interface, the future is bright for IT in India. With the announcement of opening local data centers in India by Microsoft CEO, Satya Nadella, Microsoft is well placed to explore the huge opportunities that will be unfolded in the days to come.  The Microsoft India cloud proposes to begin with three data centers and will provide the world's best cloud computing that India needs so desperately to handle the large volume of digital transactions,  need to cut down costs and handle the data that will be generated by digitally enabling a billion Indian citizens. Additionally, Microsoft will be able to offer their cloud services in a number of Indian languages, thus eliminating the need...

The SME sector in India has been identified as the sector that is ready to adopt cloud computing and also benefit the most because its IT Deployment is limited today. But as one engages with the SME sector we find its leaders are ignorant about IT Management other then using a financial software on a PC the trust factor is abysmally low. The SME is mostly owner run in India and privately held and has been mainly built by entrepreners with an healthy knowledge and specific niche skills. It is a long road for Indian SME to adopt Cloud Computing. Photo Credit : Amitav Thamba The bankers, lenders and government have been spending years to list these SME companies with limited success, I recollect trying to list SME companies in 1991 which was disastrous in the OTC Exchange of India, it is the same fate of the two new SME exchanges started by NSE and BSE the leading stock exchanges of India. To get the SME sector to speed it is important to allow them to deploy t...

Have been pondering about building stock exchanges in the cloud and whenever I tweet it is like placing an order in an exchange, the only difference being it is textual rather then monetary information. NYSE and NASDAQ already use and provide cloud computing services for their members and I am sure there are a number of exchanges which also offer this facility. Today I came across a  design for a stock engine bid matching engine in the cloud  by Mr. Ashish Banerjee  http://www.ashishbanerjee.com/bid-matching-engine . in the public cloud using Amazon Web Services. SMB/SME Exchanges in the Cloud will signify a New Era for trading! Today's blog is about designing a Stock Exchange in the Cloud for SMB (Small and Medium Business) or also called as SME ( Small and Medium Enterprises) in India. SMB/SME are burdened with expensive debt and an exchange for listing their equity will  allow them to reduce their cost of debt and also distribute the business risks to s...