Bangalore: The job market is already warmed by the news about emerging job openings with cloud computing. Recently published Microsoft Corp. commissioned research from IDC analyst firm points out that cloud computing is to create over 14 million new jobs globally. New findings report that business that shifts to cloud can invest more time and money in innovation and job creation. While half of all new cloud-related jobs are centered in China and India, IT job hunters are seen relaxed despite of the Tech job cuts are happening in another side.

Though employment bright lining in cloud computing, a study by CSC, the IT Service Provider, indicates that 14 percent of companies reduced their IT staff after setting up cloud strategy. By embracing cloud computing, enterprises may need different types of IT professionals who are asked to manage vendor relationships, to work across departments and to help clients and workers integrate into the cloud.

The survey also found 20 percent of surveyed companies have actually increased their IT staff. It shows instead of a wholesale cut off or hiring, it depends how the enterprise works with cloud computing while cloud is meant only for a shift of responsibilities.

Christian Anschuetz, CIO of Underwriters Laboratories [UL] (a 9,500-person company that provides third-party inspection and certification services to more than 50,000 businesses around the world) stated that after adopting the cloud, their firm has witnessed an immediate shift in its IT needs. Despite of cutting jobs in managing communications platform, email servers and chat functions, companies IT budget has gone three times higher since migrated to cloud, reports the Network World.

Indicating to the strong relation between cloud, innovation and entrepreneurship, cloud innovation in IT sector expected to generate $1.1 trillion per year by 2015, according to the IDC research. Reportedly, more than one-third of cloud-opening jobs will be in sectors like banking and finance, communications and media, and also some in manufacturing industries.

 “Enterprises that embrace cloud computing reduce the amount of IT time and budget devoted to legacy systems and routine upgrades, which then increases the time and budget they have for more innovative projects,” says, John Gantz, Senior Vice-President at IDC and Author of the White Paper. “When IT innovation happens, business innovation is reached, which then supports job creation.”