Cloud Computing to Create 14 Million New Jobs by 2015; New IDC study shows IT innovation produced by the cloud could create US$1.1 trillion a year in new business revenues

©IDG Communications, Inc. Photo contributed by Matthew Mikaelian.

IDC Study 

REDMOND, Wash. –  Spending on public and private IT cloud services will generate nearly 14 million jobs worldwide from 2011 to 2015, according to a new study by the analyst firm IDC. The research, commissioned by Microsoft, also found that IT innovation created by cloud computing could produce $1.1 trillion a year in new business revenues.

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