Tuesday, May 15, 2012

Will The Use of Cloud Computing Save Our Economy?

By Kacee Johnson


There is a rapid growth in Cloud Computing. During its earliest phase, the cloud sector of tech saw huge job growth over the past 36 months. The latest data demonstrates that the cloud computing arena is establishing a new economic paradigm for many industries and businesses, generating opportunity and job growth well beyond the cloud service companies fueling the expansion.

There is tremendous growth happening in cloud computing. In the past recent 36 months, the cloud sector though in its infancy has experienced an explosive job growth The recent data reveals that the cloud computing service is providing with a new economic paradigm for a number of industries and business establishments, creating job opportunities and growth beyond what was expected while the cloud service companies are boosting the expansion.

Job Growth in the Forecast: How Cloud Computing is Generating New Business Opportunities and Fueling Job Growth in the United States, by the Sand Hill Group and SAP. Around 4720.000 new jobs and $100 billion will be added to the global economy over the next 5 years, a study says.

According to this research study, there are three global trends are spurring the increase in cloud computing services and new jobs in this area: the great increase in portable mobile computers such as tablet computers and smart phones; the trend toward "social" online services; and the growing number of "Big Data" flows, all of which require an increasing number of services for managing and controlling this data.

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. Since jobs come from growth and cloud computing will increase growth in some industries.

According to a recent study commissioned by Microsoft, public and private IT Cloud Services will create nearly 14 million new jobs worldwide from 2011 to 2015. Job creation is going to be spurred because of the cloud's existence. It's the kind of technology that will reduce a company's expenses, give new incentives to innovators, and create employment and new job skills worldwide.

One of the trends we're seeing is that companies are using cloud based collaboration software not just for their internal employees, but to engage and share information with partners and vendors. It is about leveraging it to drive revenue for the business apart from maintaining technology.

Underwriters Laboratories, a globally recognised company is one among the enterprises who are making use of the safety testing and certification for a variety of product . Recently, the business has acquired a few companies that open up the services it is able to offer to its customers. UL has completed its technology integration very rapidly as office 365 has helped it free itself from adding and maintaining new servers Whether it's a large acquisition in China or a small one in Australia, UL can now integrate new employees within a few weeks instead of several months.

Such findings prove what lots of folks in the cloud community have been suspecting for a while. The inevitable growth of mobile computing, use of social networks and data management carry one common factor, and that is why job growth with the cloud in this area must not be overlooked.




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