Cloud computing to help generate over 1 mn jobs in India by 2022: Report
With cloud computing becoming more prevalent in companies, both large and small, the global requirement for professionals is steadily on the rise and over a million jobs in the sector will be created in the country by 2022, according to a report. Companies are currently investing 4.5 times the rate of traditional IT spending in cloud infrastructure, and it is expected to grow even faster by 2020, according to a report by ed-tech platform for executives Great Learning. The report is based on conversations with senior cloud experts, recruiting managers as well as subject matter experts and is supplemented by data from high-quality industry research reports. In the coming years, however, nearly all IT expenditure will be on a private, public or hybrid cloud environment, making all IT roles, in some sense, cloud computing roles, it added. The Indian cloud computing market, currently at $2.2 billion, is expected to grow to USD 4 billion by 2020 with an annual growth rat...