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Cloud to create 14 million jobs globally, 9.62 million in Asia-Pac: Microsoft research

Cloud computing will create 14 million jobs globally by 2015 and 9.62 million in Asia Pacific alone, according to IDC research commissioned by Microsoft.

The research found it will create 9.62 million jobs in Asia Pacific alone by the same year.

“Cloud computing will significantly stimulate IT innovation and revenues for enterprises, and estimated revenues from cloud innovation could reach $1.1 trillion by 2015,” said IDC, which analysed the trend of cloud investment in more than 40 countries across the world for this research project.

IDC added that cloud computing will create more job positions for the emerging markets, particularly in China and India. In China alone, there will be 4 million new jobs related to the cloud by 2015, up 84% in 2012, according to the research firm.

There will be 2.75 million new jobs in India by 2015 as a result of the adoption of cloud computing,” said John F Gantz, chief research officer and senior VP at IDC.

“Both China and India are adopting public cloud computing at unprecedented speed, which accounts for 12% of the global public cloud services. We tend to think of China and India as emerging markets, but they are actually early adopters of the cloud. As the two countries have minimal legacy systems, there is less holding them back in cloud adoption–China and India will contribute nearly half of the new job growth worldwide [related to cloud-based services],” he added.

According to IDC, communications and media will be the fastest-growing sectors in Asia with 1.8 million new jobs related to cloud computing, up 113% from 2012. 567,000 cloud-related jobs in the education sector will be created, an increase of 98% compared to 2012, whilst the government sector will create about 315,000 jobs related to cloud computing, an increase of 75% compared to 2012.

Cloud-related jobs offered by SMEs (under 500 employees) in Asia will achieve a compound annual growth rate (CAGR) of 28%, 2.2% higher than large enterprises (above 500 employees) with a 25.8% growth rate.

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