Bangalore Top software services companies such as Tata Consultancy Services Ltd (TCS), Infosys Ltd, HCL Technologies Ltd and Wipro Ltd are betting big on organic cloud platforms built in-house to help customers accelerate their cloud journey.
The change in the cloud has accelerated due to the pandemic. According to Gartner, by 2025, 51% of IT spending in the areas of application software, infrastructure software, business process services and system infrastructure markets is expected to shift to the public cloud, compared to 41% in 2022. Traditional offerings, constituting 58.7% of revenue in 2022, should see much slower growth than the cloud.
“Growth in cloud adoption could prove to be a growth lever for IT service providers behind the cloud platforms they build, helping to accelerate customers’ cloud transformation journey, thereby increasing the utilization of cloud capacity subscribed by customers. improves, and thus, translates into revenue for hyperscalar partners,” said analysts at ICICI Securities.
Infosys has developed an organic cloud platform known as Cobalt, which includes a set of services, solutions and platforms to help customers, mostly large enterprises, build new cloud-first capabilities. It provides 14,000 cloud assets and over 200 industry cloud solution blueprints. Infosys has also built a PolyCloud platform, which enables enterprises to purchase, build and manage vendor-agnostic solutions across multiple hybrid cloud providers without worrying about vendor lock-in.
Similarly, TCS Enterprise Cloud is a cloud platform that provides a range of flexible cloud infrastructure options to support dynamic cloud services. It provides big data, analytics, data services built on an open-source stack supporting Internet of Things (IoT).
Cloud Smart by HCL Technologies aims to “rethink” the cloud to provide an adaptive portfolio of innovative cloud services powered by high-tech automation and a strong partner ecosystem.
Last year, Wipro committed to invest $1 billion over the next three years to strengthen its cloud technologies, capabilities, acquisitions and partnerships. As part of this, it launched Wipro Fullstride Cloud Services, which brings together Wipro’s full portfolio of cloud-related capabilities, offerings and talent.