Cloud Computing Propels Job Creation and Business Innovation in Greater Montréal

A new study from the International Data Corporation indicates that c loud computing will support business innovation and create new jobs across Canada. For Greater Montréal, the study commissioned by Microsoft Canada plans an average annual increase of 20% of cloud technologies-related employment, for a total of nearly 7,800 new jobs by 2015. John Weigelt, National Technology Officer at Microsoft Canada, says one of the main advantages of cloud computing technology is “the job creation in all sectors [by stimulating innovation and helping to increase revenue.]

The cloud can handle, manage and store data on the Web, an IT solution so affordable that companies are moving away from costly maintenance of systems. Companies can invest the savings made in business innovation. In 2011, the cloud has enabled global businesses to generate additional revenue of over $400 million, of which over 50% are located in small or medium enterprises.

By 2015, companies in Greater Montreal with fewer than 500 employees will be responsible for the creation of over 3,800 jobs, while the large companies will be the cause for more than 4,000 new jobs.

Source: Microsoft Canada