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One lakh jobs can be created by cloud computing by 2015
A research led by Zinnov Management Consulting and an IT firm EMC Corporation has found that cloud computing in India can create up to one lakh jobs in an industry worth $4.5 billion.

THE RATE with which technology keeps on expanding, in all likeliness, cloud computing may create close to 100,000 jobs in India by 2015, as stated by media reports. The research led by Zinnov Management Consulting and an IT firm EMC Corporation noticed that of the projected $4.5-billion total cloud computing market in India by 2015, private cloud will account for $3.5 billion, generate about 100,000 additional jobs and save about 50 per cent of cost of IT operations for Indian enterprises.

Explaining the research findings furthermore, Zinnov’s Chief Executive Pari Natarajan was quoted saying that there will be an increased preference of cloud adoption over the next five years in India. The total cloud market, which was about $400 million in 2010, is expected to grow by a whopping 60 per cent annually with private cloud dominating the landscape.

However, the research also noticed that Indian companies in partnership are better armed for enterprise services and other companies would have to focus on its investing and building on the competency levels because as of now, they are not prepared to take on the challenges, when compared with the established players.

Natarajan was also quoted saying that cloud computing will reshape the Indian IT market by generating new opportunities for vendors and driving changes in traditional IT offerings.

Editorial NOTE: This article is categorized under Opinion Section. The views expressed in this article are solely those of the author and do not necessarily represent the views of merinews.com. In case you have a opposing view, please click here to share the same in the comments section.
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