“In 2024, the widespread adoption of cloud technology is poised to significantly reshape the landscape for organizations of all sizes in India. This surge in cloud adoption is attributed to various factors, including concerns related to data sovereignty, scalability, data residency, and the need for low-latency connectivity. The contemporary cloud models are anticipated to empower businesses further, driven by government initiatives in digital technology adoption. Responding to the growing concerns about data security and privacy, enhanced security measures will take center stage. Scalability and flexibility are identified as paramount features in modern cloud solutions, prompting organizations to embrace elastic infrastructure and services for seamless adjustments to evolving business needs.
The adoption of hybrid and multi-cloud strategies is expected to provide customers with increased options and flexibility, enabling them to choose the most suitable cloud environment tailored to their specific requirements. The integration of blockchain technology will play a significant role in enhancing the security and transparency of cloud-based systems, further fortifying the commitment to safeguarding customer data through decentralized and tamper-resistant mechanisms.
As the year concludes, our commitment to a multi-cloud approach and the expansion of Oracle Cloud Infrastructure's distributed cloud are highlighted as reflections of a dedicated effort to offer customers choice with business agility. This commitment is realized through the seamless integration of security into the architecture of all cloud solutions, providing comprehensive protection across the entire stack and establishing a platform that is inherently secure by design."
