Technology advancements have always had animportant impact on the economy, industry and the job market.
Emergence of Cloud computing technology hasbrought a turbulent revolution in the job market sector worldwide and itsimpact can be very much felt in the Indian scenario too. It has made a tremendous impact on the Information Technology (IT)industry over the past few years, where large companies such as Google, Amazonand Microsoft strive to provide more powerful, dependable and cost- efficientcloud platforms, and business organizations seek to reshape their businessmodels to gain benefit from this new paradigm. Cloud computing is a dynamic medium forcreating job opportunities and data storage securely due to its potential tofacilitate information access, advance collaboration and reinvent traditionalIT structures. The concept of cloud computing has its variousinterpretations and applications, but it primarily refers to technology thatdelivers powerful computing resources via the web. This computing approach relies on a number ofexisting technologies, e.g. the internet, virtualization, grid computing, webservices, etc.
As a result of the shift to cloud, there is growing demand for professionalsand managers that are more focused on business development than they are inapplication development. There will be greater opportunities for enterprisearchitects, and some new job descriptions will include cloud architects, cloudcapacity planners, cloud service managers, cloud support engineers, cloudadministrator/ architect etc. Though theword “cloud” may not be a part of the job title but would be very prominent intheir job design. It has been found that IT cloud services helped organizationsof all sizes and all vertical sectors around the world generate more than $400billion in revenue and 1.
5 million new jobs. In the next four years, the numberof new jobs will generate in million. The Indian IT sector companies would also follow suit, a study by EMCand Zinnov Management Consulting estimates the total cloud market in India at$400 million: this is expected to touch $4.5 billion by 2020.The Proposed paper aims to provide an all-encompassing insights into the important applications and impacts on jobcreation and job design with special emphasis on the Indian IT sector .