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Cloud Skills: Powering India’s Digital DNA

August 23, 2021 3138 1 Cloud Computing

Cloud Skills: Powering India’s Digital DNA

The global cloud opportunity by 2025 is estimated at over $800 bn - cloud (IaaS, SaaS, PaaS) usage - $500+ bn & cloud services - $300+ bn. For India’s technology industry to capture a significant share of this market would need a balance of the right cloud skillsets, experience and in sufficient volumes. This report examines the current cloud skills landscape in India, analyses the demand-supply over 2021-2025, highlights the key skills needed to be developed and presents a roadmap for stakeholders to make this happen.

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Key Findings

Continued Growth in Cloud Investments

  • Global Public Cloud spend, valued at $332 bn (2021), is projected to grow by 20% YoY in 2022; India’s cloud market stands at $4.4 bn (2021); projected to grow 26% to reach $5.6 bn (2022)
  • Customer Experience, Relationship Management, Collaboration and Content Services are the emerging segments of growth
  • BFSI (incl. FinTech), Media & Entertainment, Manufacturing, Telecom are at the tipping point of Cloud adoption

The Rise of New-Age Cloud Skills

  • Open-source and Low-/No-code platforms delivering community-driven, user-friendly development environment
  • Growing demand for Virtualization, Microservices Architecture, Containers & Orchestration, Serverless computing
  • Demand for specialised skills in Cloud Security and Cloud Economy (FinOps); also for DevOps principles and Cloud Automation tools

India’s Unique Talent Prospects

  • Globally, India ranks 3rd with an installed supply of 608,000 (FY2021) cloud professionals (Technology & other verticals); 33% of these have 10+ years of experience
  • The demand was for 873,000 cloud professionals; the 265,000 differential points to the untapped potential due to accelerating demand for cloud
  • With a 24% YoY growth in installed base, India’s cloud talent is expected to grow 2.4X to nearly 1.5 mn by FY2025
  • The demand however, is estimated to be over 2.2 mn by 2025; India would need to accelerate its cloud talent supply bet. 30% and 35%

The Way Forward

  • Accelerated training of adjacent talent in tech - 1.7 to 1.8 mn; and of 263,000 graduated in computer science & related fields
  • Modernizing course curricula to reflect the newest, in-demand skills that are in line with industry standards
  • Expand apprenticeship/internship & on-the-job training for fresh talent to build relevant experience

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