Retail in Asia

In People

Cloud industry to employ millions in India, says study

Cloud computing is expected to create over two million jobs by 2015 in India, which is 15 percent of total jobs created by cloud computing across the world followed by manufacturing and banking sector. The study by International Data Centre (IDC) commissioned by Microsoft said more than two million jobs each will be generated in the "communications and media" and manufacturing sectors, followed by banking at over 1.4 million. Pointing to the strong linkage between cloud, innovation and entrepreneurship, the study estimates that revenues from cloud innovation could reach USD1.1 trillion per year by 2015.