As global macroeconomic conditions worsen and funding slowdown continues, Indian startups are cutting their spends on an integral part of tech businesses – cloud storage – by renegotiating contracts with service providers like AWS and Google Cloud, multiple startup founders told ET.
Many of these companies have slashed cloud expenses by 20%-30% while some growth stage startups such as ecommerce platforms Meesho and Dealshare have brought down their cloud expenses by 50%, under pressure to control their cash burn, they said.
This has led to the top three cloud service providers – Amazon Web Services (AWS), Google Cloud Platform and Microsoft Azure – waging pricing wars to lure startups onto their platforms in the current downturn.
Over the past months, several startups have been approached by AWS rivals to switch over for lesser pricing, multiple founders who have been in talks with them confirmed.
In some instances, founders are using pricing quotes received from Google Cloud and Microsoft Azure to renegotiate discounted contracts with AWS, their primary cloud service provider, said one of the founders.
Cybersecurity ecosystem
The Data Security Council of India has forecast that the cybersecurity ecosystem will expand up to a point where nearly one million professionals will be required by 2025. Additionally, the demand for cloud security skills is estimated to grow by 115% between 2020 and 2025, representing almost 20,000 job openings, Narayan added.
An extensive exercise in reskilling and/or upskilling the existing workforce, believe staffing experts, is one of the ways that telcos can future proof their work.
Indian mobile phone operators are expected to at least double their investments on network security with the 5G roll out expected to spark a surge in network vulnerabilities, which assume critical importance especially for enterprises.
However, it is already proving to be a challenge for telcos to have robust security teams.
Bharti Airtel, for example, has been preparing for 5G roll out by upskilling its professionals and offering them certification courses such as CCNA (Cisco Certified Network Associate) and CCNP (Cisco Certified Network Professional). The courses are offered based on skill and eligibility level free of cost.
19 comments
I will right away grab your rss feed as I can’t to find your email subscription hyperlink or e-newsletter service. Do you have any? Please let me recognise in order that I could subscribe. Thanks.
Hi, I do think this is an excellent website. I stumbledupon it 😉 I may come back yet again since I book-marked it. Money and freedom is the greatest way to change, may you be rich and continue to help other people.
These are actually enormous ideas in on the topic of blogging. You have touched some nice points here. Any way keep up wrinting.
Ahaa, its fastidious conversation about this paragraph here at this web site, I have read all that, so now me also commenting at this place.
Ahaa, its pleasant dialogue about this paragraph here at this website, I have read all that, so at this time me also commenting here.
There’s certainly a lot to find out about this issue. I really like all the points you made.
Hello! I’m at work browsing your blog from my new iphone! Just wanted to say I love reading through your blog and look forward to all your posts! Carry on the great work!
Way cool! Some extremely valid points! I appreciate you penning this post and also the rest of the website is also really good.
I visited various blogs but the audio quality for audio songs existing at this site is in fact superb.
If some one wants expert view regarding running a blog then i propose him/her to pay a quick visit this blog, Keep up the nice job.
I will immediately seize your rss as I can’t in finding your email subscription hyperlink or newsletter service. Do you’ve any? Kindly permit me recognise so that I could subscribe. Thanks.
Everyone loves it when individuals get together and share thoughts. Great site, stick with it!
This is a topic that’s near to my heart… Thank you! Exactly where are your contact details though?
I’ll right away seize your rss as I can not find your email subscription link or e-newsletter service. Do you’ve any? Kindly let me recognize in order that I may just subscribe. Thanks.
I’ll right away take hold of your rss as I can’t in finding your e-mail subscription hyperlink or newsletter service. Do you have any? Kindly permit me recognize in order that I may just subscribe. Thanks.
You’ve made some decent points there. I looked on the web for additional information about the issue and found most individuals will go along with your views on this web site.
I will right away snatch your rss feed as I can’t find your email subscription link or newsletter service. Do you have any? Please permit me know so that I may just subscribe. Thanks.
Greetings! Very helpful advice within this article! It’s the little changes that will make the biggest changes. Thanks for sharing!
I will right away clutch your rss as I can not find your email subscription hyperlink or newsletter service. Do you have any? Kindly permit me understand so that I may just subscribe. Thanks.