Growth ahead for cloud-services industry

Growth ahead for India's cloud-services industryThe public-cloud-services industry in India alone is expected to be worth $434 million this year for a growth rate of 37.5%, said research firm Gartner, which credits increasing adoption of software-as-a-service and infrastructure-as-a-service as the main drivers. The firm predicts a 41.8% increase in IaaS services alone, hitting $62.5 million in 2013, and expects $4.2 billion will be spent on cloud services through 2017.