Tata Communications to invest between Rs130-160cr in cloud computing

(Source: Indiainfoline) In a statement to the media, the management of Tata Communications stated that they plan to invest $20-25 milion (Rs 130 – 160 cr) in its cloud computing business by end of CY18. According to the management, the size of the global market for cloud computing stands at $200bn and the domestic market stands at $1.5bn.