Reliance Communications Introduced Cloud X WAN to expand its Enterprise Product Portfolio

India: Reliance Communications, a telecommunications company based in India, offers numerous telecom services in collaboration with its subsidiaries. The company has disclosed its product named Cloud X WAN.

Cloud X WAN, is a cloud-centric network platform, and the first in correspondence to the Make in India scheme. The product has been introduced by its subsidiary - Global Cloud Xchange and focuses on banks, government departments and other firms having their offices across the country.

It emphasizes on saving the bandwidth whenever the companies use cloud services. The deployment of the software defined WAN will help the organisations to work faster and allow them to work locally irrespective of waiting for the frequent updates from the cloud servers installed at the head office. This in turn, would help in saving the data cost.

TechSci Research depicts that introduction of the various cloud computing products and services by the different organisations aims at the overall improvement of the performance along with cutting down on the data cost. The initiatives taken in correspondence to the various Government initiatives will help in the development of the technology ecosystem.

According to the recent report published by TechSci Research, “India Cloud Computing Market Forecast & Opportunities, 2020”, the market for cloud computing services in India is projected to grow at a CAGR of over 22% during 2015-2020. Increased government spending on National Optical Fibre Network (NOFN) and various e-governance portals, coupled with growing acceptance of cloud services in SME segment is expected to drive the market for cloud computing. SaaS is set to top the charts as the largest cloud service segment, occupying over 40% share in the market by 2020. However, cloud services are likely to face stiff challenges pertaining to data security, vendor lock-in period and less availability of quality IT hardware infrastructure in semi-urban regions across the country.