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Will Rise In India’s Digital Economy Going To Play A Role In Increasing Employment?

India just overtook the United Kingdom to become the world’s fifth-largest economy. So, it clearly reflects the potential of the Indian economy, and it is widely recognised that cloud technology can contribute to innovation, and innovation can drive and add to the Indian economy, according to Karmendra Trivedi, Sales Director, Canonical India, the firm behind Ubuntu. Canonical offers enterprise security, support, and services for a broad spectrum of open-source technologies, spanning the entire stack from infrastructure to apps. Indeed, India aims to become a $1 tn digital economy by 2026, and cloud computing is key to enabling and supporting this growth.

Trivedi maps the direct and indirect impact of cloud technology on the Indian economy, stating that the NASSCOM predicted that by 2026, cloud’s contribution to GDP will range between $315 and $375 billion, creating 14 million jobs both directly and indirectly.

Will Rise In India's Digital Economy Going To Play A Role In Increasing Employment?

Decoding the cloud map of the Indian economy, Trivedi outlines four aspects that he believes will be influenced by cloud computing. In a nutshell, the adoption of cloud technology will have four effects: one on GDP, another on employment, a third on creativity and entrepreneurship, and finally on technological development.

Trivedi emphasises that open-source technologies and cloud computing are assisting India‘s digital path and will continue to do so as technology evolves.

Computing is no longer limited by physical infrastructure; it now lives everywhere in a virtual environment rich with untapped promise. Cloud computing is the core of the digital revolution, where technology allows for the storing, transmission, and administration of data across a global network of computers, obviating geographical barriers and technical restrictions. The cloud provides unrivalled flexibility, scalability, and cost-effectiveness. Businesses must embrace cloud computing as an integral component of their operations in this digital age.

Cloud technologies’ agility and resilience have emerged as not only useful but also critical to the survival and success of any organisation. Because of the scalability it provides, firms may quickly modify their processing capacity on demand, reducing the danger of over-provisioning or under-utilizing resources. It assists organisations in saving money by converting capital spending into operating expenses. The tools and platforms made available to teams enable smooth communication and cooperation. Furthermore, cloud-based enhanced artificial intelligence (AI), machine learning (ML), and analytics provide greater corporate resilience.

The Indian economy is losing out on opportunities as a result of its slow adoption of cloud technologies. According to Trivedi, this imbalance would lower India’s competitiveness and impede the country’s whole digital transformation process. So, what are some of the roadblocks to cloud adoption? According to Trivedi, the major hurdle to cloud adoption is a lack of organisational awareness of the benefits of the cloud. It is critical for Indian firms to expand their expertise and stay informed about technological breakthroughs and how these developments are contributing to growth.

Will Rise In India's Digital Economy Going To Play A Role In Increasing Employment?

However, the cloud is a constantly evolving technology. So the issue remains: how do Indian organisations keep ahead of the curve? Here’s where firms like Canonical come in. Trivedi claims that Canonical is aware of this. They are an open-source technology supplier with a strong focus on cloud computing. They are determined to keep two steps ahead. That is why Ubuntu is so popular and is the most popular operating system on the cloud. According to Trivedi, they hold more than 65% of the market share in the name of production workload.

Canonical India offers long-term assistance to enterprises, whether it be security-based or other enterprise-level support, while efficiently integrating with the cloud. Trivedi discusses how Ubuntu works in various cloud computing settings, including hybrid cloud, private cloud, telephony, network functions virtualization (NFV), and more.

Ubuntu provides customers with the flexibility of Linux as well as a method to consume or utilise open-source software without having to worry about configuration, maintenance, or security. The large community that supports Ubuntu makes it the finest supported operating system on the market, and Ubuntu provides a specialised version for customers that want additional security and compliance. This is known as Ubuntu Pro, and it is a solution that offers extended maintenance support (including over 30,000 third-party open-source packages in Ubuntu Universe), Livepatch, and enterprise-level support for open-source apps.

Ubuntu is designed to be safe, and Canonical guarantees that any weaknesses that surface are addressed quickly and expertly. As part of its LTS strategy, Ubuntu provides automated critical updates and pledges security maintenance for 5 years from the date of release.

Will Rise In India's Digital Economy Going To Play A Role In Increasing Employment?

According to Trivedi, the Canonical India landscape assists clients in maintaining and controlling their Ubuntu servers or desktops or if they are utilising Ubuntu in the cloud. So it’s an automated programme that not only helps with accessing repositories but also with getting fixes in an automatic manner. It lowers the running costs for the company since managing the virtual machine and the servers within the company is a headache. With a single API, the Canonical landscape can manage more than 40,000 servers or PCs.

Furthermore, Trivedi sheds light on the spectrum of innovation as well as some of Ubuntu’s unique use cases. For example, Trivedi claims that ChatGPT, one of the trendiest technologies right now, is being fostered on the cloud, and the fundamental technology that they are employing comes from the open-source world, with Ubuntu playing a role.

Even when compared to mature markets, India is one of the main adopters of open-source technologies, according to Trivedi, and the ever-evolving world of open-source technology is likely to continue to power India’s next leap of digital transformation.

Conclusion.

Cloud computing will contribute anywhere between $315 and $375 billion to India’s GDP by 2026, directly and indirectly producing 14 million employees. Narendra Trivedi, Sales Director, Canonical India, emphasises the vital function of open-source software and cloud computing in supplying India’s dream of becoming a $1 trillion digital economy by 2026, with Canonical India’s offerings, like Ubuntu, providing essential support for India’s digital transformation. Despite the adoption obstacles, Trivedi emphasises that cloud technology can feed invention, and innovation can drive India’s digital economy.

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