“We have been witnessing a mixed trend in cloud adoption depending on the health of different sectors. While telecom and healthcare companies have significantly increased cloud solutions adoption, the IT & ITES and the BFSI segments have maintained their spend. However, we have witnessed a slight decline in cloud spends by the retail and manufacturing industries, who were heavily affected by the pandemic. As forecast by IDC, as a result of the pandemic, 64% of the organizations in India are expected to increase demand for cloud computing and 56% for cloud software. We witnessed an increased market demand in hybrid cloud migration models, especially in the healthcare sector.”