Feeds

Singers set to swing with cloud boom

12,000 jobs in next four years

  • alert
  • submit to reddit

Combat fraud and increase customer satisfaction

Cloud computing is expected to stimulate the creation of 12,000 new jobs in Singapore by 2015.

According to a new research report from IDC commissioned by Microsoft Singapore, IT spending is expected to grow by 16% over the next four years, however Singapore is expected to show a 30.6% growth in cloud-generated jobs. The growth figure is almost double that of overall growth rate of the total Singapore workforce over the next four years, which has been forecast to be of 12%.

“As a global business hub, Singapore is a strategic market for cloud adoption. Microsoft helps many multinational companies based in Singapore, that increasing look to the cloud solutions to grow and optimize their operations. This increase in cloud usage In turn, this creates technology new job opportunities within the country,” said Microsoft Singapore’s COO John Fernandes.

Globally, cloud computing will create nearly 14 million new jobs globally by 2015 with revenues from cloud innovation reaching a possible US$1.1 trillion per year by 2015, the report forecasts. It also contends that governments can influence the number of jobs created by cloud computing within individual countries.

“A common misperception is cloud computing is a job eliminator, but in truth it will be a job creator — a major one. And job growth will occur across continents and throughout organizations of all sizes because emerging markets, small cities and small businesses have the same access to cloud benefits as large enterprises or developed nations,” said IDC chief research officer and senior vice president John Gantz. ®

3 Big data security analytics techniques

More from The Register

next story
This time it's 'Personal': new Office 365 sub covers just two devices
Redmond also brings Office into Google's back yard
Kingston DataTraveler MicroDuo: Turn your phone into a 72GB beast
USB-usiness in the front, micro-USB party in the back
AMD's 'Seattle' 64-bit ARM server chips now sampling, set to launch in late 2014
But they won't appear in SeaMicro Fabric Compute Systems anytime soon
Microsoft's Nadella: SQL Server 2014 means we're all about data
Adds new big data tools in quest for 'ambient intelligence'
BOFH: Oh DO tell us what you think. *CLICK*
$%%&amp Oh dear, we've been cut *CLICK* Well hello *CLICK* You're breaking up...
prev story

Whitepapers

Mobile application security study
Download this report to see the alarming realities regarding the sheer number of applications vulnerable to attack, as well as the most common and easily addressable vulnerability errors.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.