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 rate of more than 30 per cent,
it added. Read
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