Decision makers in the area of technology from leading Indian companies will be focusing on cyber security and data-backed decision making, as their key priority areas in 2022. Coming in the backdrop of a pandemic situation, businesses the world over have had to take a fresh look at the way they do business.
With social distancing norms, remote working, frequent lockdowns, behaviour patterns of end-consumers are undergoing a change of sorts. Digital transactions and work from home are the new normal. CIOs and IT decision-makers that W.Media spoke to have outlined certain key areas out of which hybrid cloud seems to be the most important one. In the year 2022 IT decision-makers will continue to focus on data and security for growing their business. Apart from these other technologies like AI, IoT and 5G will continue gaining focus.
“Future of technology, employees, and the workplace will keep changing as the role of technology changes so will the technology function,” said Sanjeev Jain, CIO, Integreon.
He further added that due to the appearance of hybrid cloud, robotics, and artificial intelligence, among other technologies, work that was previously the domain of the Information Technology function and primarily performed by humans is now being augmented, distributed, and undertaken by service providers and machines.
Hybrid cloud in India
According to a Research and Markets report, India’s cloud infrastructure market is estimated to expand at a compounded annual growth rate (CAGR) of 23.61 per cent between 2019 and 2024 to Rs 19,646 crore. The global hybrid cloud market is growing at a CAGR of 21 per cent and is expected to reach $170 billion in five years. India is expected to account for 10–15 per cent of global hybrid cloud spending as operational flexibility and data deployment options that it offers make it a compelling proposition.
On the other hand, the global hybrid cloud market is expected to grow by registering a CAGR of 21.06 per cent over the forecast period (2021-2026). The growth of cloud and industrialised services and the decline of traditional data center outsourcing (DCO) indicate a massive shift toward hybrid infrastructure service, a Mordor Intelligence report stated.
This opens an incredible opportunity for the technology function to shift its time, efforts, and energy from managing daily IT operations to delivering creative, substantial, and strategic business outcomes. Over 84 per cent of enterprises in India prefer hybrid multicloud as their ideal operating model, and 58 per cent are expecting to implement such environments within three years, according to Nutanix’s fourth annual Enterprise Cloud Index (ECI) report.
“Post pandemic our focus is on hybrid cloud solutions so that it can provide flexibility for associates to access tools from anywhere using secured connectivity and the budget is approved based on business needs,” added Jain.
A secure connection is a connection that is encrypted by one or more security protocols in order to ensure the security of data flowing.
When a connection is not encrypted, it can easily be accessed by anyone with the knowledge on how to do it, or even prone to threats by malicious software and unexpected events.
He further explained that cultivating best practices on cybersecurity including making use of Artificial Intelligence, building a strong platform for employees to operate in hybrid models, exploring and building a private cloud of critical business applications and digital transformation and automation will be one of the key priorities for the year 2022.