List of top 10 cloud computing companies in India

The Indian cloud computing industry is expected to grow to $7.41 billion by 2024.

India is a vibrant corporate powerhouse, with a variety of flourishing industries. In this dynamic environment, the cloud computing industry has emerged as a pillar of technological growth, providing scalable, flexible and cost-effective solutions to enterprises of all sizes. According to projections, the Indian cloud computing industry is expected to grow significantly from its current valuation of $3.08 billion to an anticipated $7.41 billion by 2024. 

 

Business landscape in India 

India’s diverse and thriving economy encompasses IT hubs like Bangalore, driving global innovation. The pharmaceutical sector excels in vaccines and generic drugs, while manufacturing in automobiles, textiles and electronics significantly bolsters the GDP. Agriculture remains vital for rural communities and food security. Mumbai’s financial district leads the financial services industry, enabling both domestic and international transactions. These industries synergise to fuel India’s economic growth and global influence.

 

Top cloud computing companies in India 

Tata Consultancy Services (TCS)

Company Type: Indian MNC

Location: 9th Floor, Nirmal Building, Nariman Point, Mumbai-400021, Maharashtra 

Founded in: 1968

TCS is an integral player in the IT sector, providing excellent cloud computing services. Their offerings include cloud consultation, development, migration, assurance, environment setup, and other services. The business stands out as a market leader in the cloud computing space, meeting the various demands of the IT industry.

Amazon Web Services (AWS)

Company Type: Public

Location: 4th Floor, Rupam Building, 239, P D’mello Road Fort Mumbai-400001, Maharashtra 

Founded in: 2006

Amazon Web Services (AWS) is a well-known cloud computing platform owned by Amazon.com. It offers a wide range of extremely dependable and scalable services, including processing power and storage, as well as databases and machine learning.  AWS’s powerful infrastructure and vast service offerings have cemented its position as a dominant force in the cloud computing market.

Microsoft Azure

Company Type: Public

Location: Ambalipura, Varthur Hobli, Outer Ring Road, Bengaluru-560103, Karnataka

Founded in: 2008

Microsoft Azure, an iconic cloud computing platform, provides a complete set of services such as computation, analytics, storage and networking. Through a worldwide network of data centres, it helps organisations to design, deploy, and manage applications and services. The fact that it is integrated with Microsoft’s enormous software ecosystem makes it an excellent alternative for organisations looking for seamless cloud solutions. 

Oracle Cloud Infrastructure (OCI)

Company Type: Private

Location: Survey No 165/3 & 165/4, Krishna Magnum, Bannerghatta Road, Doraisanipalya, Billekahalli, Bengaluru-560019, Karnataka

Founded in: 1993

OCI is a powerful cloud computing platform provided by Oracle Corporation. It offers a full set of cloud services, including computing, storage, databases and networking, that are tailored to the needs of modern corporations and enterprises. With a global network of data centres, OCI provides high-performance, secure, and dependable cloud solutions, guaranteeing seamless scalability and flexibility for a wide range of applications and workloads. 

Google Cloud Platform (GCP)

Company Type: Private

Location: Sector 28, Mehrauli-Gurgaon Road, Gurugram-122002, Haryana

Founded in: 2008

Google Cloud Platform, powered by Google, provides a wide range of cloud services such as cloud computing, storage, databases, machine learning, and more. The company is known for its innovation in areas like artificial intelligence, data analytics and machine learning, offering a robust and scalable infrastructure for the deployment of applications and services. 

HCL Technologies 

Company Type: Indian MNC

Location: Technology Hub, SEZ Plot No. 3A, Sector 126, Noida-201304, Uttar Pradesh

Founded in: 1991

HCL Technologies is an Indian multinational IT service and consulting firm that provides creative solutions and digital transformation to organisations worldwide. Cloud migration, application development, and managed services are among the services provided by the organisation. It has emerged as a major participant in the Indian cloud computing scene.

Wipro 

Company Type: Indian MNC

Location: Wipro Limited Doddakannelli, Sarjapur Road Bengaluru-560035, Karnataka 

Founded in: 1945

Wipro is also an Indian multinational firm that offers cloud consulting, migration, and application development. Wipro has emerged as a prominent participant in the Indian cloud computing business thanks to a strong focus on innovation and technology. 

SAP

Company Type: Private

Location: RMZ Ecoworld, Plot C1, 8A Campus Sarjapur Marathahalli Outer Ring Road Bengaluru-560103, Karnataka 

Founded in: 1996

SAP, a worldwide corporate software provider, offers cloud-based solutions for a variety of company processes, including ERP, CRM, and HR management. The company has a large presence in India and has been helpful in assisting businesses in streamlining their processes using cloud technology.

InstaCompute – Tata Communication 

Company Type: Private

Location: Mahatma Gandhi Road, Fort, Mumbai-400001, Maharashtra 

Founded in: 2002

Tata Communications’ InstaCompute stands itself as a key participant in the Indian cloud computing scene. InstaCompute is known for its payment structure flexibility, but it also lays a significant focus on security, offers round-the-clock technical assistance, and uses a usage-based pricing approach. This mix of qualities makes it among the best cloud computing firms in India, making it an appealing option for organisations looking for dependable and cost-effective cloud solutions. 

Infosys 

Company Type: Indian MNC

Location: 3rd cross, Electronic City, Hosur Road, Bengaluru-560100, Karnataka 

Founded in: 1981

Infosys is a well-known multinational company that provides cloud computing, consulting, information, and outsourcing services. The business began its venture into cloud operations with a strategic focus on delivering three cloud offerings: one for development, one for production, and two for client-centric services. This strategic strategy has solidified Infosys’ position as the market leader in cloud services in India.

 

Commercial real estate demand in India

Office space: The commercial real estate market in India is growing steadily, spurred by a boom in IT firms, startups, and corporations establishing a foothold. This has resulted in a significant expansion of contemporary office spaces and business parks, which are addressing the growing demands of the corporate sector in metropolitan regions. 

Rental property: The rental property market in India is thriving with the country’s burgeoning business sector, fueled by a diversified national workforce and a surge in new businesses. This mutually beneficial relationship ensures commercial property owners of sustained demand. As a result, rental rate competition heats up, resulting in higher property assessments.

 

Impact of companies on India

The growth of enterprises in India has changed the financial landscape of the city, impacting the local real estate market. The surge of businesses from numerous industries has increased the need for commercial space. This increase has resulted in the construction of new office buildings and residential structures to house the expanding workforce. As a result, India’s real estate market has expanded significantly, reflecting the dynamic synergy between corporate expansion and urban development in the metropolis.

 

FAQs

Who are the three big providers of cloud computing?

Today's top three cloud service providers are Google Cloud Platform (GCP), Microsoft Azure, and Amazon Web Services (AWS).

How is cloud computing relevant to India?

Due to the fact that it enables both enterprises and individuals in India to utilise cutting-edge technology without the need for substantial physical infrastructure, cloud computing is significant in this country.

Who is the leader in cloud computing?

With a market share of more than 30%, Amazon Web Services is without a doubt the industry leader in the cloud.

Is there a trend of hybrid cloud adoption in India?

Yes, many Indian firms are using hybrid cloud solutions, which provide flexibility and security by combining public and private cloud resources.

How does cloud computing impact the gaming industry in India?

Cloud gaming services are gaining popularity in India, allowing users to play high-quality games on low-end devices.

Can individuals in India use cloud computing for personal data storage?

Yes, individuals in India can use cloud services platforms like Google Drive, Dropbox, and iCloud for this.

How big of an industry is cloud computing?

As per reports, the market for cloud computing was assessed at USD 483.98 billion in 2022, and from 2023 to 2030, it is anticipated to increase at a CAGR of 14.1%.

Are there government initiatives to promote cloud adoption in India?

Yes, the Indian government has initiated efforts to promote cloud use in the country, such as the National Digital Communications Policy (NDCP) and the MeghRaj Cloud.

What industries in India are leveraging cloud computing the most?

Industries in India that make extensive use of cloud computing include IT & ITES, e-commerce, healthcare, finance, education, and manufacturing.

Got any questions or point of view on our article? We would love to hear from you. Write to our Editor-in-Chief Jhumur Ghosh at jhumur.ghosh1@housing.com

 

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