Week Four

Week Four

This week I decided to continue with the topic of our assignment, job creation due to cloud computing. During my research I located an article on White Paper that states that IT departments are currently spending 75% of their annual budgets on maintaining legacy systems. A lot of these systems are being replaced by the cloud, allowing the budget to be spent elsewhere, including on new staff. An estimated 14 million jobs will be created by cloud technologies through 2015. A million of these jobs will be in banking, communications, and manufacturing.

The topic that I found most interesting is where these jobs will be created worldwide. Of the estimated 14 million jobs, only 1.17 million will be in North America. 2.87 million jobs will be created in Asia, and the largest amount, 6.75 million will be created in China and India.

Source:
http://www.slideshare.net/MSFrance/cloud-computings-roles-in-job-creation