Cloud Computing’s Role in Job Creation

01 March 2012 | Steve Aylward, General manager, US Health & Life Sciences Solutions & Strategy, Microsoft
​It’s no secret that healthcare organizations need to learn how to do more with less these days. It’s something we’ve been discussing a lot recently, especially in the context of how cloud-based applications like Office 365 and the Windows Azure platform are helping healthcare organizations thrive even with budget constraints. And while case studies of successful campaigns across the country have already begun to show us the good that cloud computing can do, a new Microsoft-sponsored IDC research study demonstrates that worldwide, nearly 1.6 million jobs will be created across the education, healthcare and government verticals as a result of cloud computing by the end of 2015. Slated for release on Monday, March 5, the research tells us that cloud computing goes beyond business cost-savings and has the potential to restore economic health within organizations and globally.
The study, which examined current economic data across the global landscape, found that a little money spent up front to reach for the cloud leads to measurable returns down the line. According to the findings, freeing up organizations from legacy systems allows companies across all industries to invest in more innovative IT, generating cost savings that can be invested in hiring additional personnel allowing for the growth of more strategic and necessary roles that yield greater returns.
In fact, the study reports that increased revenues from the innovation enabled by the cloud could reach $1.1 trillion a year by 2015. In contrast to traditional outsourcing methods, cloud computing can cut costs while creating jobs right here in the U.S.
The study looks across industries, and its detailed findings show more than 350,000 cloud related jobs worldwide within provider organizations by 2015. According to the study, while healthcare is expected to be slower in the adoption of public IT cloud services as a result of regulation, security issues, and legacy systems, healthcare reform and the rise of connected health care will lead more providers toward the public cloud for specific functions like email and portal development.
Microsoft is also helping to remove cloud adoption barriers, such as those related to HIPAA security and privacy concerns. In fact, we recently announced that we are embedding privacy and security capabilities in Office 365, meaning that the cloud-based platform complies with leading information privacy and security standards for customers operating in the United States and European Union.
As we continue our innovation in cloud computing, the detailed research and economic models of this study make a strong case for the value and fruits of our labor. In uncertain economic times, the news that cloud technology can help us both do more and create jobs is encouraging, and we’re looking forward to what lies ahead.

Steve Aylward
General manager, US Health & Life Sciences Solutions & Strategy, Microsoft