More Cloud Computing Jobs for India by 2015 Mean Fewer for USA?
Microsoft commissioned a study by research firm IDC (International Data Corporation) to gauge how many jobs would be created in the area of cloud computing by 2015. The results were favorable, considering the slump the job markets in the US and Europe have been experiencing since the "Great Recession." For India alone, because companies are becoming dependent upon the necessity of entering the cloud, over two million jobs will need to be created.
The positive news about this figure is that globally, cloud technology is expected to generate nearly 14 million new jobs, so 6/7 ths of the rest of the jobs will not go to India. The question is whether the US will be trending with exponential job creation, and it is believed that it will. The reason why this will most likely happen is the nature of cloud efficiencies, which drive significant organizational reinvestment and job growth, especially when revenues from cloud innovation reach the slated $1l1 trillion mark PER YEAR by 2015. Naturally, these are foward projecting statements; however, for a change, it's significant to review reports which viably gauge the impact of the cloud on business expansion and growth.
Sometimes it is anticipated that because cloud computing makes companies more efficient and brings down their cost, it involves a translation that fewer personnel are needed and the work force will be downsized, like the old automation phobias that were the harbinger of doom for factory workers when robotics replaced humans (before outsourcing). That is not the model here. Cloud computing, which is Internet-based, facilitates sharing of technology resources, software and digital information. Because the service functions on a pay-per-use model, this helps technology companies bring down their costs.
According to Chief Research Officer and Senior Vice President John F. Gantz of IDC, "A common misperception is cloud computing is a job eliminator, but in truth it will be a job creator, a major one."
Jobs will have to be created as companies trend into the cloud. Because emerging markets, small cities and businesses will have the same access to cloud benefits as huge corporations and developed nations, it would be counterproductive for smaller concerns to not leap in, becoming more efficient and reducing costs. This pattern will develop across continents and spread throughout all organizations regardless of size. Gantz confirmed the forward looking information.
If you take the year 2011 and review the impact of cloud services, then you see that cloud computing helped businesses across continents generate more than $600 billion in revenue. Was this done at the expense of restructuring and downsizing? A resounding NO! Instead, 1.5 million new jobs were created. In its study projections, IDC confirmed that more than 50 per cent of the 14 million jobs would be generated in small and medium sized businesses. The fear has been that small and medium sized businesses where growth and development have been lagging will continue to suffer. Cloud computing will help to alleviate the slow down.Continued on the next page