Cloud Computing Jobs & Trends

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Cloud Computing, often referred as ‘the Cloud’  delivers on-demand computing resources which may be either applications or data centers as a service over the internet on a pay for use basis.
Cloud Computing is therefore a type of computing that relies on sharing a pool of physical and/or virtual resources, rather than deploying local or personal hardware and software.

Cloud Computing provides three major types of services: 

  1. Software as a service (SaaS)

Cloud-based application or software as a service (Saas) runs on distant computers that are owned and operated by Cloud service providers. Users can use this service on pay-per-use basis via the internet, usually a web browser.

  1. Platform as a service (PaaS)

Platform as a service provides a Cloud-based environment with everything required to support the complete lifecycle of building and delivering web-based (Cloud) applications, without the cost and complexity of buying and managing the underlying hardware, software, provisioning and hosting.

  1. Infrastructure as a service (IaaS)

Infrastructure as a service provides companies with computing resources including servers, networking, storage and data center space on a pay-per-use basis.

Future of Cloud Computing

Cloud Computing has begun to play a key role when it comes to the level of access and control in any organization. It has gained the ability to completely change any IT model with significant leaps in agility and flexibility. Because of this, skilled Cloud professionals are in high demand now than ever. The demand for a particular skill can be judged from its success and popularity of that technology. So let’s look at some of the forecasts and survey results to determine how well Cloud Computing will be doing in the future.

  • As per Gartner’s Report, “The use of Cloud Computing is growing, and by 2016 this growth will increase to become the bulk of new IT spend… and nearly half of large enterprises will have hybrid Cloud deployments by the end of 2017.”
  • A study by Goldman Sachs projects that the spending on Cloud Computing infrastructure and platforms will grow at a 30% CAGR (Compound Annual Growth Rate) from 2013 through 2018.
  • According to Centaur Partners’ analysis of Cloud-based business application services revenue has led to the forecast that the market will continue to grow from $13.5B in 2011 to $32.8B in 2016, attaining a 5% CAGR.
  • The market spending on various cloud-based technologies is rising with every fiscal year. The below image proves this:

cloud-spendings

Note: BPaaS is a form of business process outsourcing that employs a cloud computing service model. BPaaS reduces labor count through increased automation, thereby cutting costs in the process.

  • Goldman Sachs estimates that Amazon has taken in $4B in revenue, or 26% of the IaaS and PaaS markets, in the year 2014-2015.
  • According to a study by Goldman Sachs, Cloud computing is one of the top three initiatives planned by IT Executives to make Cloud an integral part of their organizations.

goldman-study

  • IDC (International Data Corporation) predicts that by 2016, there will be an 11% shift of IT budget, from the traditional in-house IT delivery to various versions of Cloud Computing as a new delivery model.
  • By 2017, 35% of new applications will be Cloud-enabled, continuous delivery and enabled by faster DevOps life cycles to streamline rollout of new features and business innovations.
  • IDC forecasts that by 2018, public Cloud spending will be more than double of $127.5 billion.
  • By 2016, over 80% of enterprises in the world will be using IaaS.
  • According to Forrester Research, the global Cloud Computing market will grow from a $40.7 billion in 2011 to $241 billion in 2020.
  • Career Opportunities & Job Trends

    Cloud is making a huge difference to IT careers. Cloud Computing has experienced exponential growth over the last few years and is only expected to increase over the next few years. The below graph shows the job trend of Cloud Computing Skills.

    According to indeed.com, in October – 2016 there were around 5.10 cloud computing job-postings per cloud job-seeker. Cloud Computing skill has picked up the pace and is progressing well.

    cloud-job-trends

    With an increase in the adaptation of Cloud Computing comes the demand for this skill. According to a report by Search Cloud Computing, there is a huge surge in the hiring rates for IT professionals with Cloud skills.

    With more companies worldwide adopting and harnessing the power of the Cloud, the demand for experts in this field has risen drastically. While opportunities are growing exponentially, it is necessary to have the right skills to land a good job.

    Cloud Computing has countless career opportunities that include :

    • Cloud Engineers
    • Cloud Architects
    • Cloud Developers
    • Cloud Security Specialists
    • Cloud Support Analysts and many more

    Even though some IT professionals feel threatened by the rise of Cloud, many see the technology as an opportunity to accelerate their careers. It becomes necessary to understand what skills sets are valued more and then attempt to navigate their Cloud careers by taking specific paths to reach it. So, refining your skills in Cloud is crucial to land that next hot job and enjoy a long and rewarding career.

    There are two types of emerging cloud computing careers: IT pros with specific Cloud skills and IT Administrators with Cloud Architecture know-how.

    Organizations are looking for specific Cloud Computing skills such as Amazon Web Services (AWS), Microsoft Azure and Google Cloud Platform. So gaining knowledge and expertise in these platforms will be beneficial to your career.

    Demand for Cloud Computing Skills

    Cloud technology is crucial to organizations for building out or replacing their data center architecture. Cloud Computing services are in demand because it makes life easier for organizations and help them save time and money. Even though the skill is considered one of the most in-demand skills, there’s still a major skills gap in the field of Cloud.

    If you are a fresher looking to start your career in Cloud or an IT professional looking to refine your existing skills or add new skills to your resume, this is the right time, as the demand for Cloud skills continues to overtake the availability of the skills.

    According to Forbes, in U.S alone, there are 3.9 million Cloud-related jobs, with 384,478 of them in IT sector. Currently, there are 18,239,258 Cloud Computing jobs worldwide, that are offering a median salary of 90,950 USD p.a. Technical recruiters are having difficulty in filling out the job vacancies as there is only one qualified candidate for 100 job postings, and this state continued in 2016 as well.

    The top three countries for Cloud Computing jobs, according to Forbes are:

    • China – 7.5 Million jobs
    • USA – 4 Million jobs
    • India – 2.2 Million jobs

    Job postings mentioning specific Cloud skills are a common sight these days. In these job postings, AWS skills seem to be leading by a huge margin, followed by expertise in Google and Microsoft. There has been an explosive growth in the number of job posting for AWS skill in last 6 years.

    Salary for Cloud Professionals

    Forbes have confirmed that the average salary for Cloud professionals is above 100,000 USD p.a.

    Average Salary for a Cloud-skilled professional from PayScale.com
    (Refer Link: http://www.payscale.com/research/IN/Skill=Cloud_Computing/Salary )

    cloud-salary

    Suggested Read: Average Salary by Employer Name for skill Cloud Computing : http://www.payscale.com/research/IN/Skill=Cloud_Computing/Salary/by_Employer>

    Job Titles:

    Traditional IT job roles are evolving, and new jobs like the chief digital officer have emerged to help companies move to mobile and Cloud Computing. Check out the following job titles that are related to Cloud Computing:

    • Consulting Engineer Cloud Computing
    • Cloud Computing Solutions Architect
    • Cloud Architect
    • Cloud Management Sales Specialist
    • Cloud Corporate Sales Representative
    • Cloud Solutions Executive
    • Enterprise Cloud Architect
    • Senior Sales Engineer – Cloud
    • Visualization Cloud Engineer
    • Consulting Cloud Computing Engineer
    • High Performance Computing
    • Cloud Computing Analyst
    • Cloud Computing Engineer
    • Software Engineer – Cloud Computing

    Companies looking for Cloud Architects are seeking people who are skilled in handling everything from business requirements to even actual Cloud deployment. Typically, job titles that have anything to do with Cloud Architect require strategic knowledge of Cloud Computing technology, platforms, and providers, as well as the ability to fit the technology with the goals of the business.

    Who can go for a career in Cloud?

    Anyone who wants to pursue a career in Cloud Computing technologies and work with AWS can go ahead and prepare for this career.

    Java Developers, in particular, can position themselves in the Cloud field by learning to work with Amazon Web Services (AWS). Java Developers interested in a Cloud-oriented career should start learning to work with IaaS and PaaS services.

    Software Developers will also gain from learning Cloud technologies, as it is an ideal match for many software development efforts.

    Conclusion:

    Taking time to gain Cloud Computing skills and knowledge is a wise move as Cloud computing is rapidly growing. So the quest for a Cloud career is a great goal. The best way to seek knowledge on Cloud technologies is through proper and in-depth training. With Cloud Computing moving too fast, this is the right time to upskill.