Cloud computing will create nearly 14 million new jobs worldwide by 2015, new research shows. Nearly 1.2 million of those new cloud-computing related jobs will be generated in the U.S. and Canada, a market that currently accounts for 62 percent of worldwide spending in public IT cloud services.
Large and small businesses will share the newly created jobs about equally, even though small businesses make up the majority of employment, according to a study conducted by research firm IDC on behalf of Microsoft. These jobs will be generated in the communications, banking and manufacturing industries, IDC predicted, with the majority of jobs being created in emerging markets, in particular China and India, where the size of the workforce and growth potential is greater.
"We tend to think of China and India as emerging markets, but they’re actually early adopters of the cloud," said John Gantz, senior vice president at IDC. "They’re not bound to existing systems. They’ve skipped that step, so there’s less holding them back."
IDC research also predicts that smaller companies will adopt cloud services at a faster rate than larger companies because budget constraints make the cost-effective solution very attractive and small- and medium-enterprises (SMEs) have fewer legacy systems to deal with.
"Enterprises that embrace cloud computing reduce the amount of IT time and budget devoted to legacy systems and routine upgrades, which then increases the time and budget they have for more innovative projects," said Gantz.
Reach BusinessNewsDaily senior writer Ned Smith at firstname.lastname@example.org. Follow him on Twitter @nedbsmith.