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Cloud computing creates new jobs

Microsoft commissioned the London School of Economics and Political Science a study about projected economic impact of cloud computing on the aerospace and smartphone services industries in the UK, USA, Germany and Italy for the period 2010-2014.
According to the report called ‘Modelling the Cloud’, cloud computing contributes to growth and job creation for both sectors and also employment for cloud providers. Moreover, companies become more productive because employees can focus on more profitable tasks and skilled staff will get higher salary.
Researchers found that web-centred smartphone services industry gets more benefits from cloud computing compared with traditional high tech manufacturing and switching rate is higher for small- and medium-sized businesses.
As a matter of fact, in the UK from 2010 through 2014, the rate of growth in cloud-related jobs in the smartphone services sector is set to be 349%, compared to 52% growth in aerospace.
German, Italian and US equivalent growth rates will be 280% vs 33%, 268% vs 36% and 168% vs 57% respectively.
The US is the country where more employments are created: US cloud-related jobs in the smartphone sector are set to grow to 54,500 in 2014. This is compared to a projected 4,040 equivalent jobs in the UK. The figure in the US is higher due to lower electricity costs and less restrictive labour regulation compared to Europe.
If European countries invest in cloud computing they can reach US employment rate.

Cloud Computing Set to Create European Jobs

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