<p>India has the potential to become the world's second-largest cloud talent hub with the combined effort of government bodies, education and skilling organisations and technology providers, IT industry body Nasscom said on Monday.</p>.<p>Nasscom, in association with Draup, said in a report that India currently ranks third globally with an installed talent pool of 608,000 (FY2021) cloud professionals.</p>.<p>"By 2025, India would have an estimated 1.4-1.5 million cloud professionals (baseline growth). However, with an estimated demand for over 2 million professionals by 2025, India could reach 1.7-1.8 million cloud talent pool with a fairly aggressive skilling roadmap," the report titled <em>Cloud Skills: Powering India's Digital DNA</em> said.</p>.<p><strong>Read more: <a href="https://www.deccanherald.com/business/technology/moving-compute-workloads-to-cloud-can-help-improve-energy-efficiency-reduce-carbon-footprint-report-1016167.html" target="_blank">Moving compute workloads to cloud can help improve energy efficiency, reduce carbon footprint: Report </a></strong></p>.<p>Tata Consultancy Services (TCS) and Accenture were strategic partners for the research effort.</p>.<p>India's cloud market is estimated to reach $5.6 billion by 2022, a 26 per cent year-on-year growth.</p>.<p>With rapid digital acceleration and everything becoming on-demand and need-based, migration to cloud-based services will provide a significant competitive advantage for SMEs and enterprises in the new normal.</p>.<p>This is further expected to grow exponentially with accelerated cloud adoption across sectors.</p>.<p>Infrastructural agility, flexibility, and resilience on cloud with significantly lower costs, especially post the pandemic, have been the key growth drivers for such a shift, the report said.</p>.<p>The Indian SaaS (software as a service) startup ecosystem is another driver of cloud demand, it added.</p>.<p>SaaS companies in India employ over 40,000 professionals across job domains, more than any other tech startup segment, Nasscom said.</p>.<p>With a baseline growth of 24 per cent CAGR, India's cloud talent pool is expected to grow 2.4X to nearly 1.5 milllion by 2025.</p>.<p>However, there is an urgent need to scale talent further -- talent with the right skillsets -- that will help meet this demand, it said.</p>.<p>The report estimates that with a more aggressive talent building roadmap (30 per cent-plus growth rate), India can increase its cloud talent pool to between 1.7 to 1.8 million and in the process, become world's second largest cloud talent hub.</p>.<p>"Cloud adoption has witnessed an accelerated adoption during the pandemic as enterprises focused on building hybrid work models, collaboration infrastructure and business continuity.</p>.<p>"Cloud has moved from being a relative back-end to a front-end (business-facing) technology, enabling on-demand access to resources," Nasscom President Debjani Ghosh said.</p>.<p>For India to carve itself a unique identity as a global hub for cloud solutions, a concentrated public-private partnership and large-scale skilling is the key, she added.</p>.<p>Nasscom has set up its FutureSkills PRIME initiative in partnership with the Ministry of Electronics and Information Technology (MeitY) to upskill talent in emerging technologies and cloud skills are a key area of focus on this platform, she said.</p>.<p>The report said the demand for cloud solutions is growing exponentially, both in India and worldwide, leading to a higher demand for cloud talent as well.</p>.<p>India saw about 380,000 job openings for cloud roles in 2020, a 40 per cent growth over 2019. The demand for cloud skills far outweighs the current supply and needs focus across stakeholders on upskilling, it added. </p>
<p>India has the potential to become the world's second-largest cloud talent hub with the combined effort of government bodies, education and skilling organisations and technology providers, IT industry body Nasscom said on Monday.</p>.<p>Nasscom, in association with Draup, said in a report that India currently ranks third globally with an installed talent pool of 608,000 (FY2021) cloud professionals.</p>.<p>"By 2025, India would have an estimated 1.4-1.5 million cloud professionals (baseline growth). However, with an estimated demand for over 2 million professionals by 2025, India could reach 1.7-1.8 million cloud talent pool with a fairly aggressive skilling roadmap," the report titled <em>Cloud Skills: Powering India's Digital DNA</em> said.</p>.<p><strong>Read more: <a href="https://www.deccanherald.com/business/technology/moving-compute-workloads-to-cloud-can-help-improve-energy-efficiency-reduce-carbon-footprint-report-1016167.html" target="_blank">Moving compute workloads to cloud can help improve energy efficiency, reduce carbon footprint: Report </a></strong></p>.<p>Tata Consultancy Services (TCS) and Accenture were strategic partners for the research effort.</p>.<p>India's cloud market is estimated to reach $5.6 billion by 2022, a 26 per cent year-on-year growth.</p>.<p>With rapid digital acceleration and everything becoming on-demand and need-based, migration to cloud-based services will provide a significant competitive advantage for SMEs and enterprises in the new normal.</p>.<p>This is further expected to grow exponentially with accelerated cloud adoption across sectors.</p>.<p>Infrastructural agility, flexibility, and resilience on cloud with significantly lower costs, especially post the pandemic, have been the key growth drivers for such a shift, the report said.</p>.<p>The Indian SaaS (software as a service) startup ecosystem is another driver of cloud demand, it added.</p>.<p>SaaS companies in India employ over 40,000 professionals across job domains, more than any other tech startup segment, Nasscom said.</p>.<p>With a baseline growth of 24 per cent CAGR, India's cloud talent pool is expected to grow 2.4X to nearly 1.5 milllion by 2025.</p>.<p>However, there is an urgent need to scale talent further -- talent with the right skillsets -- that will help meet this demand, it said.</p>.<p>The report estimates that with a more aggressive talent building roadmap (30 per cent-plus growth rate), India can increase its cloud talent pool to between 1.7 to 1.8 million and in the process, become world's second largest cloud talent hub.</p>.<p>"Cloud adoption has witnessed an accelerated adoption during the pandemic as enterprises focused on building hybrid work models, collaboration infrastructure and business continuity.</p>.<p>"Cloud has moved from being a relative back-end to a front-end (business-facing) technology, enabling on-demand access to resources," Nasscom President Debjani Ghosh said.</p>.<p>For India to carve itself a unique identity as a global hub for cloud solutions, a concentrated public-private partnership and large-scale skilling is the key, she added.</p>.<p>Nasscom has set up its FutureSkills PRIME initiative in partnership with the Ministry of Electronics and Information Technology (MeitY) to upskill talent in emerging technologies and cloud skills are a key area of focus on this platform, she said.</p>.<p>The report said the demand for cloud solutions is growing exponentially, both in India and worldwide, leading to a higher demand for cloud talent as well.</p>.<p>India saw about 380,000 job openings for cloud roles in 2020, a 40 per cent growth over 2019. The demand for cloud skills far outweighs the current supply and needs focus across stakeholders on upskilling, it added. </p>