Cloud Computing a New Major Source of Employment Worldwide
Cloud computing is projected to become a $1.1 trillion dollar annual business in the next three years! This is according to a IDC research commissioned by Microsoft. Every couple of months, a new idea comes along making the whole sector take a huge leap forward, generating 14 million new jobs by January 2016.
Cloud computing: special force in innovation?
The positive impact of cloud computing is different than that of other new technologies: it transforms how companies operate, lowering costs and efficiency. However, its most important benefit is the spurring of innovation, freeing IT managers and personnel from mundane tasks. Cloud technology allows different individuals and departments within a company to meet and communicate more effectively. Before, IT directors had to deal with every-day crises and existing infrastructure tasks. With the advent of cloud service providers, IT directors can now talk strategy and find ways to help the whole company succeed in new concepts and technologies.
Some of the predictions contained in the IDC study
Thanks to the IT innovation mentioned above, the revenue from cloud computing could reach over a trillion dollars per year. The cloud revolution is truly democratic. Cloud service providers help smaller companies compete with larger sectors by giving them access to technology previously monopolized by huge IT infrastructure budgets. Employment related to cloud technology will increase across the board.
Asia is a major player in the future of cloud computing
Cloud technology will have a major effect on already established communications, media, and banking firms in the Asian economic powerhouses. A good example is GMO Cloud part of a huge internet conglomerate in Japan catering to major companies based in the country.
The IDC study predicts that half of the projected fourteen million jobs created will lie in India and China. Several cloud service providers are already taking steps to double their workforce in an attempt to meet increasing demand.
Small business and cloud technology
Small businesses typically have less access to technology than larger companies, even though small businesses account for most employment opportunities. However, with larger companies holding off on adopting cloud services because of larger investments in legacy infrastructure, smaller companies are projected to become drivers of cloud computing . Certain industries like retail and services will see rapid adoption of these technologies. However, banking and other information-sensitive sectors will take longer to adopt the cloud due to the security concerns.
Notwithstanding speed of adoption, cloud technology is one of the most important revolutions in the history of computing. We can therefore expect profound changes in the economy on a par with the technological leaps of the 80′s (personal computing) and the 00′s (mobile technology).
Be Part of Our Cloud Conversation
Our articles are written to provide you with tools and information to meet your IT and cloud solution needs. Join us on Facebook and Twitter.
About the Guest Author:
Nida Rasheed is a freelance writer and owner of an outsourcing company, Nida often finds herself wanting to write about the subjects that are closest to her heart. She lives in Islamabad, Pakistan and can be found on Twitter @nidarasheed.
