Cloud Computing’s Employment Boom

The market review, entitled “Cloud Computing’s Role in Job Creation,” forecasts 13.8 million new jobs from public and private cloud IT services worldwide by 2015 – with half of those expected this year – and cloud revenue reaching $1.1 trillion over that same time period. Of those anticipated hires by 2015, IDC expects more than half (7.5 million) to come from enterprises with 500 or fewer employees. Prevailing thinking from the research firm is that SMBs have fewer ties to legacy systems and more limitations with IT budgets compared with their larger competitors, leading to a pool of indirect IT job growth. Read more.