IT Services Update - Hyperscalers Are Accelerating Aggressively: Prabhudas Lilladher

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..Prabhudas Lilladher Report.Hyperscalers (Amazon Web Services, Azure, Global Cloud Services) revenue growth has further accelerated (37%/51%/54% YoY) in Q2 CY21 on top of strong growth (29%/47%/43% YoY) in Q2 CY20. In a hyper-connected world, cloud and artificial intelligence can power scalable mass automation. By using enterprise applications on the cloud, business service providers can engage with their geographically dispersed customers in a cost-efficient yet personalised manner. Enterprise software-as-a-service and domain specific SaaS solutions are key to enterprise hybrid multi-cloud strategy. SaaS provides rich feature sets and faster time-to-market for standardised business processes, with low operational overhead and high reliability.Indian IT players have a strong collaboration with hyperscalers and it provides a win-win situation for both as IT services providers help in improving utilisation of hyperscaler’s cloud by accelerating client’s transformation journey..Click on the attachment to read the full report:.DISCLAIMERThis report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

IT Services Update - Hyperscalers Are Accelerating Aggressively: Prabhudas Lilladher

IT Services Update - Hyperscalers Are Accelerating Aggressively: Prabhudas Lilladher

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