It is a common perception that high end technology reduces human intervention. And this leads to the loss of jobs. The same is the perception associated with cloud computing. Therefore, it would come as a surprise to you that Microsoft and IDC (International Data Corporation) have stated that cloud computing will actually create 2 m jobs in India by 2015. They expect these jobs to be created in the areas of communication, media and manufacturing. They estimate another 1.8 m jobs in the banking sector. All thanks to cloud computing. The way this will work is that cloud computing would allow companies to free up resources which are otherwise being spent on the legacy work and systems. These freed up resources would in turn be used for business innovation and creating new jobs. We believe that cloud computing would definitely be the next growth driver for Indian IT. To that extent, it would help in job creation for the sector. However, assuming that migration to cloud from legacy would help to create new jobs in other sectors, appears to be a bit farfetched as of now.
