Calling BS on cloud hype: Prediction that cloud will create 14 million new jobs is misleading

More than half will be overseas; few will be in IT or even in cloud services

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Microsoft and IDC teamed up this morning to announce a miracle: Cloud computing, by automating much of the manual work of maintaining large computing infrastructures and making more efficient use of existing resources, will actually increase the number of IT jobs in the U.S. rather than reduce it, as every other successful effort to automate human labor has done.

The study "Cloud Computing and Worldwide Job Creation" (PDF) estimates that cloud computing projects have driven more than $400 billion in new revenue and 1.5 million new jobs during the past 12 months.

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By 2015 cloud computing will be responsible for a huge increase in efficiency and cost savings that will allow for the creation of another 8.8 million new jobs – though the total number of jobs attributable to the efficiencies of cloud computing will reach 13.8 million, IDC predicted.

The growth figures, if not job numbers echo other IDC studies that predicted spending on external cloud services alone would take up as much as 46 percent of all new IT spending worldwide by 2015.

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