Cloud Computing Expected to Create 14 Million Jobs

According to a study by Microsoft and IDC, cloud computing technologies is likely to create 14 million jobs worldwide by 2015. The study also says that the revenue generated by cloud industry will total $1.1 trillion beginning in 2015.

According to an article posted on InformationWeek last month:

“Most new cloud jobs will be created in media and communications, manufacturing, and banking. In the case of the latter industry, many enterprises are expected to deploy private clouds as security concerns limit their interest in the public cloud, according to the study’s authors.

Geographically, emerging markets are expected to see the most growth in cloud-related jobs. Brazil is in line to see growth of 186%, India will see 99% growth, and China is expected to experience 84% growth. Cloud jobs in the U.S. are expected to grow by 66% by 2015.”