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Cloud to Generate 14 Million Jobs by 2015

Datamation, March 5
According to a study conducted by IDC, cloud computing will generate nearly 14 million jobs worldwide by 2015. This jobs momentum is being driven by the estimated $1.1 trillion dollars in revenues that the cloud stands to generate within this time period. A common misperception is that cloud computing is a job eliminator, but in truth it will be a major job creator. Job growth will be widespread and will occur across continents and throughout organizations of all sizes because emerging markets, small cities and small businesses have the same access to cloud benefits as large enterprises or developed nations.
Most of that job growth from cloud computing will hail from emerging markets -- China and India in particular. It is estimated that these countries will generate 6.75 million cloud-related jobs versus an estimated 2.8 million jobs in the Asia Pacific region, 2.07 million in Europe, Middle East and Africa and 1.17 million in North America. China and India will take the lead in cloud job creation primarily because of the immense workforce in the region. There is also less "legacy drag" -- supporting older IT systems and software -- and infrastructure challenges that lend themselves to cloud adoption as drivers. In 2011, the U.S. accounted for 62% of worldwide spending for public IT cloud services last year.
Small and medium-sized businesses will adopt cloud IT services faster than larger companies. As a result, by 2015 small and medium-sized businesses will be responsible for creating 1.2 million more cloud-related jobs than large enterprises, 7.5 million versus 6.3 million. These businesses have less "legacy drag" to weigh them down, making the leap to the cloud relatively easier than it is for big companies. Given the uncertain economic climate, it's little wonder that companies are looking to the cloud to empower their people, reduce costs, improve their customer connections and create new opportunities through their technology investments.

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