Public cloud services on the rise in Pakistan

The cloud computing market in the country is expected to reach $1.5b this year

Public cloud is becoming increasingly important for businesses in Asia and Pakistan as it offers numerous benefits such as cost savings, scalability, agility, and flexibility, said Umair Azam, Founder and CEO of Integration Xperts.

In an interview with The Express Tribune, Azam said that the cloud mindset is a way of thinking that emphasizes the benefits of cloud computing and needs a shift in focus from the traditional IT infrastructure to cloud-based solutions that enable organizations to more easily adapt to changing business needs.

According to a report by IDC, public cloud spending in Asia-Pacific excluding Japan (APeJ) is expected to grow at a compound annual growth rate (CAGR) of 25.5% from 2019 to 2024, reaching $124.5 billion in 2024.

In Pakistan, the adoption of public cloud services is also on the rise. Allied Market Research, in its report, says the cloud computing market in Pakistan is expected to reach $1.5 billion by 2023, growing at a CAGR of 19.1% from 2017 to 2023.

“These numbers highlight the increasing importance of public cloud for businesses in Asia and Pakistan, as they embrace digital transformation and seek to leverage the benefits of cloud computing to enhance their competitiveness and drive growth,” remarked Azam.