Microsoft says the cloud will generate millions of jobs -

Microsoft claims that there will be millions of jobs created from the building of cloud based computing.

The findings come from Volish commissioned research from beancounters at IDC. IDC said that cloud computing will create nearly 14 million new jobs globally by 2015 and cash made from cloud based innovation could reach $1.1 trillion per year by 2015.

John F. Gantz, chief research officer and senior vice president at IDC, said that cloud computing should be a no-brainer for organisations. However, it should not cause the loss of jobs as people think, but should be a job creator. Cynics might wonder where they have heard wealth creator before.

Some industries will generate job growth at different rates, and public cloud investments will drive faster job growth than private cloud investments. The report also notes governments can influence the number of jobs created by cloud computing within individual countries.

Of course, there could be a few problems with this glorious vision. For a start, it does not appear to have factored in the fact that the US government wants to snoop on all data which goes through US companies.

This means that if any European company signs up to a cloud they would be sensible to have all their data stored by a European supplier. While this does still mean that IDC's predicted jobs come about, until the US government starts seeing sense about cloud based snooping, it is unlikely to help Microsoft much.

The full report can be found here.