Headquartered in Pune, Maharashtra, Tech Mahindra (NSE: TECHM) with market cap of 51,413.18 (RS CR) provides customer-centric information technology services and solutions such as Telecom & IT Consulting, BSS /OSS, Network Technology Solutions & Services, Network Design & Engineering, Mobility Solutions and Solution Integration.

Stride at which the demand for cloud storage is emerging – in the future, we can visualize a torrent in the cloud computing industry. Hard disks, USBs, Flash, magnetic media are dying a slow death. Those bulky data storage units that once filled the data centres symbolize an old era. The modern day data centre is undergoing a huge disruption and businesses of all size are exploring technologies led by cloud computing.

So What Does The Future Of Data Storage Possess?
According to a study, the choice of only being able to move one application to the cloud, 25 percent of respondents would choose storage. Since the customer today demand information stored securely and accessible anytime anywhere. Cloud technology has become the front runner which offers durability, reliability and accessibility of date wherever needed.

Initially, cloud security and reliability of data were cited as the major hitch that most companies were not turning to cloud systems. Progressively, the large majority of service providers have crossed that obstacle by bringing a potential solution. The concern tackled by most customers was data retention, integrity, regulatory compliance, accessibility and geographical boundaries which were embarking before deploying cloud based solution in the organizations.

Understanding the customer concerns for data security, cloud-as-a-service in the form of hybrid cloud solutions was hosted. With hybrid cloud storage, clients can reside the data on-site in a private or public cloud –as per the needs of the business in terms of regulatory compliance, data retention and of course risk involvement.

Consumption and curiosity are beginning to rise with the enterprises and a mass adoption of hybrid cloud solution can be foreseen in the coming years. Companies have started realizing the difference between private and public cloud that they were led to believe. And as a result, the IT service providers have adopted a combination of private and public cloud based model to help the businesses innovate, digitize and reiterate faster at lesser cost.

Most enterprises are still testing the waters and reluctant to move 100 percent of their data to cloud stored services. As using a private or public cloud is easy, but a mash-up of both is tricky and challenging to deliver as a service. New tools for development workflows and deployment applications are required but the organizations with robust teams for “DevOps” can smoothly surmount the hurdles. Enterprise customers can easily move their data between private and public cloud in an existing environment.

Healthcare is one industry that is benefiting from the hybrid cloud model. New technologies, strict regulations and massive amount of healthcare data, the need for patient data centricity has encouraged many healthcare organizations to switch to cloud storage and access data externally. Report by Markets and Markets states the health care cloud computing market will grow to 9.48 USD billion by 2020. This clearly indicates that contrary to other industries healthcare industry is utilizing storage services to reduce costs and increase access.

Cloud based solutions have provided customers a never like before opportunity to outsource their data storage thereby reducing their hardware and managed service cost manifold and at the same time giving them more opportunity to focus on their core business and not worry about management and security of data .
Other than real-time exchanges of health information, storage of data additional services like remote video tele-conferencing, ERP solutions, Web APIs, recovery and fabrication of old and existing data using other software’s for better productivity and connect with customers can be achieved via subscribing to already published software services which are completely managed by cloud service providers.

Imagine a scenario, where a healthcare professional goes to a remote location for performing certain test and using his smartphone’s he can instantly feed the entire information related to the patient on Patient Details Management application. Cloud based services help access the most recent medical facts related to patient and can make decisions and simplify tracking and analysing the
medical information.

It’s important to remember that the value of having an infinite pool of storage on the cloud will become more readily apparent, and offers the highest level of flexibility to suit budget and security needs. The sooner industry will realize the true potential of the hybrid cloud system, demand for hybrid deployments will increase manifold.