A quickly developing field in technology is Cloud Computing. The Last 36 months has seen an explosive growth in the cloud sector which is still in its infancy. The latest data demonstrates that the cloud computing arena is establishing a new economic paradigm for many industries and businesses, generating opportunity and job growth well beyond the cloud service companies fueling the expansion.

A really big growth trend is the one that is currently going on in cloud computing. In the past recent 36 months, the cloud sector though in its infancy has experienced an explosive job growth Many industries and businesses are being helped economically by the cloud computing arena as demonstrated by the latest data where a lot of opportunity is being generated along with job growth beyond the cloud service companies fueling the expansion.

Job Growth in the Forecast: How Cloud Computing is Generating New Business Opportunities and Fueling Job Growth in the United States, by the Sand Hill Group and SAP. Around 4720.000 new jobs and $100 billion will be added to the global economy over the next 5 years, a study says.

The boom in mobile computing devices such as smart phones and tablets, the "social" trend in online services and the growth of "Big Data" flows that require more data management services are the three mega trends that are propelling the growth of cloud services.

A major influence on cloud adoption and job increases will depend on government policies and purchase decisions. From launching a startup to expanding a business to managing a multinational enterprise ,cloud computing can have a significant impact at every key growth stage of the business life cycle and the study confirms that. Since jobs come from growth and cloud computing will increase growth in some industries.

A study recently commissioned by the Microsoft Corporation shows that here will be almost 14 million new jobs globally that will be a direct result of IT Cloud Services in both the public and private sectors in the four year period between 2011 and 2015. Job creation will be impacted tremendously by The Cloud. This technology will transform life as we know it by driving down costs, spurring innovation and create new jobs with different skill sets the world over.

Among the trends we have noticed, one is that companies utilizing cloud based collaboration software for their internal employees also will share this information with their partner and vendor base. So it isn't only about using technology but in addition about making it work to create revenue for a company.

Underwriters laboratory, a global company providing safety testing and certification for a wide range of product categories is one of the enterprises which make use of cloud to boost innovation. Recently, the business has acquired a few companies that open up the services it is able to offer to its customers. UL has been able to complete its technology integrations very rapidly because Office 365 frees the company from adding and maintaining new servers. Whether it's a large acquisition in China or a small one in Australia, UL can now integrate new employees within a few weeks instead of several months.

These results support what many in the cloud community have long suspected. The inevitable growth of mobile computing, use of social networks and data management carry one common factor, and that is why job growth with the cloud in this area must not be overlooked.