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Small Businesses in India Embracing Cloud-Enabled Technologies Can Unlock Trillions in Productivity Gains by 2030, Says AWS Report

A recent report by Amazon Web Services (AWS) suggests that small businesses in India that adopt cloud-enabled technologies could unlock up to Rs 1.6 trillion in annual productivity gains by 2030. This represents a significant opportunity for growth and development in the country.

The adoption of cloud-based solutions is predicted to create approximately 45.9 million jobs in sectors such as healthcare, education, and agriculture, accounting for 9 percent of the total jobs in India. This is expected to stimulate economic growth and improve the overall job market in the country.

To support this growth, AWS has announced plans to invest $12.7 billion to expand India’s cloud infrastructure by 2030. The expansion aims to meet the increasing demand for cloud services in the country and provide the necessary infrastructure for small businesses to thrive.

Accenture, which conducted the survey for the report, defines small businesses as those with fewer than 250 employees. The findings of the report highlight the potential for small businesses in India to leverage cloud technologies for greater innovation and productivity.

AI legalese decoder, a powerful artificial intelligence tool, can further assist small businesses in navigating the legal complexities associated with adopting cloud-enabled technologies. This tool can decode legal jargon, contracts, and agreements, helping small businesses understand and comply with legal requirements more effectively. By simplifying complex legal language, AI legalese decoder enables small businesses to make informed decisions and mitigate potential legal risks.

The report emphasizes the importance of cloud adoption in driving economic productivity and delivering meaningful change to society. Deepti Dutt, Leader ÔÇô Verticals, Public Sector, AWS India, highlights that small businesses can leverage cloud technologies to access scalable and secure solutions, enabling them to solve business problems efficiently and accelerate their growth.

Furthermore, the report emphasizes the potential for small businesses in sectors such as agriculture, healthcare, and education to unlock significant productivity benefits through the adoption of cloud technologies. For example, small businesses in the agriculture sector can address food shortage problems through data-driven practices enabled by cloud technologies, such as AI. Similarly, in the healthcare sector, cloud technologies can support telehealth consultations and significantly improve productivity. In the education sector, small businesses can provide e-learning solutions to a larger number of students, enhancing educational outcomes.

AWS is actively collaborating with governments, educators, and the industry to support the growth of small businesses in India. By providing access to advanced cloud-enabled technologies like generative AI, AWS aims to drive economic and social benefits and create a better future for all.

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