IBM seems to think cloud can tame the high cost of labor in IT, so said Steve Mills at Pulse. #IBMPulse
I had my doubts about the findings of a Microsoft-funded(s msft) IDC report showing that as companies move to cloud computing, millions of jobs (8.8 million worldwide, 1.1 million in the U.S.) will be created by 2015. I still do.
The issue is that companies that save money don’t necessarily put that money back into their businesses. They dole out executive bonuses, they pay dividends, they sit on their cash and look pretty. And that is largely true when it comes to big companies. How many of the too-big-to-fail banks that took government money to get back on their feet, succeeded in doing so and then used their new profits to create jobs? I rest my case.
SMBs, as usual, will power job growth
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