According to data presented to Parliament this week, the number of registered startups in India has increased from 452 in 2016 to 84,012 over the past five years. Several are based on cloud servers and data storage that is accessible via the internet – and data-storage companies are offering a variety of incentives to attract and retain them on their platforms.
AWS, one of India’s largest providers of cloud-based services, has provided start-up credits that enable aspiring startups to use a suite of computing, storage, and hosting services without cost.
“If you are a student, you will receive one thousand dollars in credits, which is equivalent to about 82,600 dollars, and you will be able to begin working on your project right away. As your business grows, you receive credits worth $5,000 (over 4 lacks) or $10,000 (8.26 lakh) up to $100,000 (82 links). Since 2020, we have distributed $2 billion (more than 16,500 crores) in global credit. I do not have exact figures, but a sizeable portion of them are located in India. As some of these companies matured, various levels of support were provided, according to Kumar Raghavan, Head of Startups at AWS India.
AWS has assisted in “compressing” a startup’s lifecycle, allowing them to become more innovative. “Cloud services allow them to simulate experiments in the cloud, run tests, fail, and learn from their mistakes,” stated Mr Raghavan.
India’s startup ecosystem is the third largest in the world, making it one of the largest markets for cloud services. Some of the companies supported by AWS included: HealthifyMe, which developed the ‘Vaccinate Me’ app, which allowed feature phones to book close to 50 million vaccination appointments; Fitter, which helps track body vitals and meet fitness goals; Credit Vidya, which allows workers who have never used a bank account to ‘digitize’ their salaries; Arogya.ai, which focuses on genomics and relied on the AWS system to store on the cloud data from blood Mr. Raghavan stated that AWS also powered the Ayushman Bharat Digital initiative and the Cowin system for COVID-19 vaccinations.
The cloud computing market in India was anticipated to expand by 28.1% between 2017 and 2027. The increased adoption of cloud computing by small and medium-sized organizations in India is a major factor propelling the market forward. What’s more, according to a market research report by BlueWave Consulting, growing investments in the construction of cloud data centers are anticipated to boost the Indian cloud computing market.
While Bengaluru remains the country’s startup capital, AWS is increasingly connecting with startups in cities outside of Delhi and Mumbai’s metropolitan areas. AWS had several ongoing training programs for those with minimal education in cloud computing skills. Through nearly 500 free courses and eleven certifications, the company has so far trained nearly three million individuals across the nation. Mr. Raghavan added that the company collaborated with 28 educational institutions to incorporate AWS into their course curriculum.
AWS launched its second data-cluster region in Hyderabad, which will require an investment of $4.4 billion (approximately 36,300 crores) by the year 2030. This would result in the creation of 48,000 jobs in a variety of service sectors as a result of the new infrastructure and its services. The first region of this type was Mumbai.
“We design such infrastructure by situating it in different seismic zones,” There are three “availability zones” in each region. In the event of natural disasters, there will always be backup storage available. However, the data centers are also designed to be close together and to have minimal latency (or delay) so that users across the country can access their applications without interruption. The precise locations of these zones are not made public, according to Mr. Raghavan.
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