UK Expects Creation Of 289,000 Jobs To Stem From Cloud Computing

The UK has some good news coming its way according to its Centre for Economics and Business Research (CEBR).

According to CEBR, the utilization of cloud computing services, which is a system of storing computer software and data in a non-physical location, will add 90,000 public sector jobs to the country.

Other industries, such as retail and finance will experience an increase in jobs, however, the public sector will see the highest increase in jobs.

While the public sector will see the highest increase in jobs, the CEBR attributes that partly to the lower average wages being paid to public sector employees.

The cloud computing system is expected to create a total of 289,000 jobs across all sectors between 2010 and 2015. For example, the retail sector will see an increase of 39,000 jobs and the financial services sector anticipates an increase of 55,000 jobs.