Welcome!

FinTech Journal Authors: Liz McMillan, Pat Romanski, Yeshim Deniz, Zakia Bouachraoui, Elizabeth White

Related Topics: @CloudExpo, Microservices Expo, Containers Expo Blog, @DXWorldExpo, SDN Journal, FinTech Journal

@CloudExpo: Article

A Good Reason to Learn Cloud Computing: 7M Jobs by 2015

Enterprise Cloud News

Now is a good time to bring your cloud computing skills to the forefront.

Demand for cloud-ready IT workers will grow by 26 percent each year through 2015, according to a new Microsoft-sponsored IDC white paper. If that estimate proves true, there could be as many as 7 million cloud-related jobs in the world.

IT hiring managers, however, report that the biggest reason they failed to fill an existing 1.7 million open cloud-related positions in 2012 was that job seekers lacked the training and certification needed to work in a cloud-enabled world, according to an article on SciTechToday.com

The IT sector is seeing only modest growth of IT jobs. According to the Bureau of Labor Statistics, the average growth in IT employment sits between 1.1 percent and 2.7 percent per year through 2020. But within the larger IT sector, cloud jobs are gaining major momentum, and the IDC study suggests an urgent need to retrain existing IT professionals and encourage students to pursue cloud-related IT trainings and certifications.

"Unlike IT skill shortages in the past, solving this skills gap is extremely challenging, given that cloud brings a new set of skills which haven't been needed in the past," said Cushing Anderson, program vice-president at IDC. "There is no one-size-fits-all set of criteria for jobs in cloud computing. Therefore, training and certification is essential for preparing prospective job candidates to work in cloud-related jobs."

IT Execs Confident in Finding Cloud Expertise: Survey
IT executives are certain they can find workers competent in handling their organizations' cloud-computing needs.

Cloud computing may introduce new challenges, but organizations appear to be ready to handle them, a new survey suggests. An overwhelming majority of IT executives say they're having no problems finding the skills they need to move forward with cloud engagements, according to an article on Forbes.com.

This is one of the results of a new survey of 327 CIOs, business executives and other stakeholders, conducted by Dimensional Research and sponsored by Host Analytics. More than eight out of 10 CIOs (81%) and IT managers (81%) in the survey say they are "easily able to find employees or contractors" who can help customize software-as-a-service applications.

This appears to validate the public cloud service vision of simply being able to subscribe to services as needed, leaving the nitty-gritty technical details to providers. It's worth noting, however, that IT is still in the early stages of cloud, and the challenges of moving large, core applications such as enterprise resource planning and financials to more virtualized or cloud settings are still ahead. The actual coding and underlying systems development work may be once-removed, but there will be a growing need for skilled people who can help address configurations, data models and process flows, as it all fits into the enterprise.

Public Cloud Services Will Gain New Momentum in 2013
As 2012 draws to a close, a growing number of enterprise CIOs are joining the momentum toward an increase in the mainstream adoption of managed cloud services. The near-term market outlook for 2013 is particularly bright and the long-term expectations are equally promising, due mostly to the reported positive experience and results from the early adopters of cloud services across the globe, according to an article on CloudComputingNews.net.

Peer recommendations are clearly driving this change in the marketplace. Worldwide spending on public IT cloud services will be more than $40 billion in 2012 and is expected to approach $100 billion in 2016, according to the latest market study by IDC.

Over the 2012-2016 forecast reporting period, IDC believes that public IT cloud services will enjoy a compound annual growth rate (CAGR) of 26.4 percent, that's five times the traditional IT industry, as more business leaders accelerate their shift to the cloud services model for IT applications.

More Stories By Patrick Burke

Patrick Burke is a writer and editor based in the greater New York area and occasionally blogs for Rackspace Hosting.

Comments (0)

Share your thoughts on this story.

Add your comment
You must be signed in to add a comment. Sign-in | Register

In accordance with our Comment Policy, we encourage comments that are on topic, relevant and to-the-point. We will remove comments that include profanity, personal attacks, racial slurs, threats of violence, or other inappropriate material that violates our Terms and Conditions, and will block users who make repeated violations. We ask all readers to expect diversity of opinion and to treat one another with dignity and respect.


IoT & Smart Cities Stories
Cloud-enabled transformation has evolved from cost saving measure to business innovation strategy -- one that combines the cloud with cognitive capabilities to drive market disruption. Learn how you can achieve the insight and agility you need to gain a competitive advantage. Industry-acclaimed CTO and cloud expert, Shankar Kalyana presents. Only the most exceptional IBMers are appointed with the rare distinction of IBM Fellow, the highest technical honor in the company. Shankar has also receive...
DXWorldEXPO LLC announced today that ICOHOLDER named "Media Sponsor" of Miami Blockchain Event by FinTechEXPO. ICOHOLDER gives detailed information and help the community to invest in the trusty projects. Miami Blockchain Event by FinTechEXPO has opened its Call for Papers. The two-day event will present 20 top Blockchain experts. All speaking inquiries which covers the following information can be submitted by email to [email protected] Miami Blockchain Event by FinTechEXPOalso offers sp...
DXWordEXPO New York 2018, colocated with CloudEXPO New York 2018 will be held November 11-13, 2018, in New York City and will bring together Cloud Computing, FinTech and Blockchain, Digital Transformation, Big Data, Internet of Things, DevOps, AI, Machine Learning and WebRTC to one location.
@DevOpsSummit at Cloud Expo, taking place November 12-13 in New York City, NY, is co-located with 22nd international CloudEXPO | first international DXWorldEXPO and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time t...
Headquartered in Plainsboro, NJ, Synametrics Technologies has provided IT professionals and computer systems developers since 1997. Based on the success of their initial product offerings (WinSQL and DeltaCopy), the company continues to create and hone innovative products that help its customers get more from their computer applications, databases and infrastructure. To date, over one million users around the world have chosen Synametrics solutions to help power their accelerated business or per...
When talking IoT we often focus on the devices, the sensors, the hardware itself. The new smart appliances, the new smart or self-driving cars (which are amalgamations of many ‘things'). When we are looking at the world of IoT, we should take a step back, look at the big picture. What value are these devices providing. IoT is not about the devices, its about the data consumed and generated. The devices are tools, mechanisms, conduits. This paper discusses the considerations when dealing with the...
Charles Araujo is an industry analyst, internationally recognized authority on the Digital Enterprise and author of The Quantum Age of IT: Why Everything You Know About IT is About to Change. As Principal Analyst with Intellyx, he writes, speaks and advises organizations on how to navigate through this time of disruption. He is also the founder of The Institute for Digital Transformation and a sought after keynote speaker. He has been a regular contributor to both InformationWeek and CIO Insight...
Machine learning has taken residence at our cities' cores and now we can finally have "smart cities." Cities are a collection of buildings made to provide the structure and safety necessary for people to function, create and survive. Buildings are a pool of ever-changing performance data from large automated systems such as heating and cooling to the people that live and work within them. Through machine learning, buildings can optimize performance, reduce costs, and improve occupant comfort by ...
Digital Transformation is much more than a buzzword. The radical shift to digital mechanisms for almost every process is evident across all industries and verticals. This is often especially true in financial services, where the legacy environment is many times unable to keep up with the rapidly shifting demands of the consumer. The constant pressure to provide complete, omnichannel delivery of customer-facing solutions to meet both regulatory and customer demands is putting enormous pressure on...
Bill Schmarzo, Tech Chair of "Big Data | Analytics" of upcoming CloudEXPO | DXWorldEXPO New York (November 12-13, 2018, New York City) today announced the outline and schedule of the track. "The track has been designed in experience/degree order," said Schmarzo. "So, that folks who attend the entire track can leave the conference with some of the skills necessary to get their work done when they get back to their offices. It actually ties back to some work that I'm doing at the University of San...