Friday, May 11, 2012

Will The Use of Cloud Computing Save Our Economy?

By Kacee Johnson


There is a rapid growth in Cloud Computing. In the last three years, technology's cloud sector has shown an explosion in the number of new jobs, even though this whole industry is really just starting out. Many industries and businesses are being helped economically by the cloud computing arena as demonstrated by the latest data where a lot of opportunity is being generated along with job growth beyond the cloud service companies fueling the expansion.

A really big growth trend is the one that is currently going on in cloud computing. When it was still new, the cloud sector grew explosively in areas beyond job growth in the last three years. Current statistics show that the cloud computing arena is creating a new economic paradigm for many industries and businesses; its created many opportunities and job growth beyond the cloud service companies.

According to a study conducted by the Sand Hill and SAP, on 'How cloud computing is generating new business opportunities and fuelling job growth in the United States?' Cloud computing has the capacity to provide job opportunities to 4720,000 and add $100 billion to the global economy in the coming five years.

According to the study, it is revealed that three big industries are leading the growth of cloud services and employment opportunities: the sudden growth in the mobile computing devices like the smartphones and tablets, the increasing usage of online services and the boom of "Big Data" that demands more data management services.

On cloud adoption and job growth government policies and purchasing decisions at all levels will also have a major influence. The study confirms that cloud computing can have a significant impact at every key growth stage of the business lifecycle from launching a startup to expanding a business to managing a multi-national enterprise. Cloud computing will ultimately lead to business and job growth in certain industries.

Public and private IT Cloud Services will create nearly 14 million new jobs worldwide from 2011 to 2015, according to a recent study commissioned by Microsoft. Job creation will be greatly impacted by the cloud. It's a transformative technology that will drive down costs, spur innovation, and open up new jobs and skill sets across the globe.

In a growing trend that is being seen, many corporations use collaborative software that is cloud based, and they aren't just using this for their internal employees, they are also using it to share information with partners, share information with vendors, and engage these constituencies. It is all about leveraging technology to drive revenue for the business.

Underwriters Laboratories, a global company that provides safety testing and certification for a wide range of product categories is among the enterprises making use of the cloud to boost innovation. Recently, the business has acquired a few companies that open up the services it is able to offer to its customers. Given the fact Office 365 will free companies from adding and maintaining new servers, UL has rapidly completed all of their technology integrations. Integrating employees irrespective of whether is a small acquisition in Australia or a large one in China takes only a few weeks now instead of several months.

Such findings prove what lots of folks in the cloud community have been suspecting for a while. The impending growth of mobile computing, social networking and data management all have one thing in common, the cloud which is why job growth in this area cannot be ignored.




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