Jobs in cloud computing are multiplying, new data suggest.
Data processing, hosting and related services added 3,600 jobs in July, the Bureau of Labor Statistics’ monthly report shows. And employment in computer- systems design and related services is projected to grow 3.9 percent annually to 2020, compared with 1.3 percent of all industries, according to the BLS. This gradual growth is projected to add 671,300 jobs by 2020.
Meanwhile, a January report by International Data Corp. showed that more than 1.7 million jobs related to cloud computing were unfilled worldwide at the end of 2012. The report was sponsored by Microsoft.
“Most researchers focused on this area are wondering whether there will be enough workers to fill those jobs,” said Anirban Basu, chief executive of Sage Policy Group, a Baltimore analytics firm.
— Mohana Ravindanath
Information technology ventures — especially cloud and mobile — are especially attractive to today’s venture capitalists, a new report shows.
A survey of more than 400 global venture capital, private and growth equity investors showed greater confidence in cloud and mobile investments than those in other sectors, like hardware.
The survey, conducted in May and June by Deloitte and the National Venture Capital Association, measured investor confidence on a scale of 1 to 5, with 5 representing the most confidence in a sector. Within the United States, investors gave cloud-computing ventures a score of 4.06 and mobile technology a 3.99. Energy and clean technology inspired the least confidence, at 1.92.
Investor interest in cloud and mobile ventures is likely driven by widespread cybersecurity and privacy concerns, said Jim Atwell, Deloitte’s national managing partner.
— Mohana Ravindranath