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Cloud computing to drive global job creation

The growth of cloud computing is expected to create 2.4 million jobs in the next four years in Europe, the Middle East and Asia, according to Cloudtweaks.com. T...

Federal News Network Staff

July 20, 2011 10:14 am

1 min read

The growth of cloud computing is expected to create 2.4 million jobs in the next four years in Europe, the Middle East and Asia, according to Cloudtweaks.com. The prediction comes from a report released by IT company EMC and a United Kingdom think tank.

In India alone, the cloud market is expected to increase from $400 million today to $4.5 billion by 2015, reports Indo Asian News Service. That growth could translate into 100,000 new jobs in India, according to a survey of CIOs in that country.

“Cloud computing will reshape the Indian IT market by generating new opportunities for vendors and driving changes in traditional IT offerings,” said Pari Natrajan, chief executive of management consultant company Zinnov, according to IANS.

For cloud adoption to grow, people are going to need human resources as well, IANS quotes an IT company executive as saying.

How the cloud will impact U.S. job creation is unclear now. Although the manufacturing sector of the technology industry continues to shed jobs, jobs in software services are growing, according to Global Corporate XPansion.

Josh James, director of research and industry analysis, TechAmerica, told GCX: “Software services were the only one out of four sectors [which TechAmerica tracks] to add jobs. The sector showed strong employment records throughout the ups and downs in the economy. They were the last to get rid of jobs in the middle of the economic downturn and the first to start adding again.”