Business, Technology

Cloud Computing and Its Impact on Job Growth

Job-seekers looking for positions in information technology (IT) may encounter a windfall of opportunities during the coming years.

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“Overall employment of computer network, systems and database administrators is projected to increase by 30 percent from 2008 to 2018, much faster than the average for all occupations,” according to the Bureau of Labor Statistics’ 2010-2011 “Occupational Outlook Handbook.”

Information security jobs are likely to see the greatest growth, predicts business and technology adviser Brian Barnier. Businesses are becoming more dependent on IT, the industry is changing, companies want to eliminate risk, and data privacy is more regulated, he explained in a press release.

Helping to fuel the job growth in the U.S. and overseas is cloud computing. Cloud computing replaces hardware and storage input and output with a virtual “pay-as-you-go” server offered over the Internet. However, this system has risks for businesses some industry experts warned. Security, visibility to storage and back up processes, access to storage devices and computer forensics are some areas Patrick Cunningham named in Information Security Magazine. Cunningham was a former member of the board of directors of the records and information management professional association, ARMA International.

Cloud appliances, cloud accessories and hybrid cloud management tools were even expected to grow last year, eWeek reported. Businesses consider cloud application developers and Internet/cloud professionals highly desirable employees.

Companies are currently in need of vendor managers, according to Dice.com. These potentially six-figure income professionals help integrate cloud computing into companies’ IT operations.

Rackspace, a hosting and cloud computing firm headquartered in San Antonio, hired 400 employees worldwide last year and is now planning to hire 100 technical positions, the San Antonio Business Journal reported. A Linux system administrator, network security administrator or window system administrator and software developer are among the jobs it’s intended to fill at its upcoming Rackerpalooza March job fair.

Cloud computing is even helping the largest economies in Europe to recover from the global financial crisis. The adoption of cloud computing across France, Germany, Italy, Spain and the United Kingdom could generate more than $1 trillion in cumulative economic benefits from 2010 to 2015, according to the “Cloud Dividend: Part One” report. The Centre of Economics and Business Research Ltd. conducted the study on behalf of EMC, a global commercial technology company. An excess of $200 billion in economic benefits could occur every year by 2015. Direct and indirect job creation, the report predicted, could be more than 2.3 million net new jobs on a cumulative basis during the five-year period and “yield and annual net jobs of 446 thousand across the five economies by 2015.”

How do you think cloud computing will create more jobs?

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