Cloud Computing: Salesforce ecosystem to pump in 1.9M new jobs by 2020: IDC

September 13, 2016 Off By David

Grazed from TechScreen. Author: Sharmishtha Mukherjee.

IDC has revealed a new research study on Salesforce, detailing how the CRM company and its ecosystem of customers and partners will drive nearly 1.9 million new jobs and more than $389 billion in new GDP impact worldwide by 2020. According to the research, when Salesforce released its first product in 2000, cloud computing was in its infancy, an unproven computing technique.

In fact, cloud computing didn’t surpass 1% of IT spending until 2009. But despite its small share of the $2 trillion IT market, cloud computing has been a major contributor to growth in IT spending, growing at 4.5 times the rate of IT spending since 2009 and expected to grow at better than 6 times the rate of IT spending from 2015 through 2020…

Read more from the source @ http://techseen.com/2016/09/12/salesforce-idc-study/