Cloud Computing 2020: How trends affect IT job market
As more and more enterprise workflows migrate to cloud, so go the enterprise jobs, according to data culled by staffing website Indeed.com. The findings show that over the past half decade, the number of inquiries and postings for jobs related to cloud computing have been on a steady uptick, with some cloud-related salaries rising in tandem.
From October 2018 to October 2019, for instance, the share of cloud computing job postings and searches rose by 12.17 percent and 2.61 percent, respectively. While still representing an uptick, the growth over this single-year period was a bit of a dip compared to four-year stats from October 2015- 2019, where both openings and searches averaged a jump of 54.92 percent and 20.71 percent, respectively.
While on its face, this slight dip in the search and availability for cloud positions may seem like the start of market refraction that spells doom for applicants, it actually tells a very different story: While many businesses were sprinting fast toward their cloud transformations over the past few years (and rushing to staff their IT teams with an onslaught of cloud experts accordingly), these same companies are now in a late stage of their cloud migration, and are paying a higher premium for the most specialized talent. So while the jobs are opening at a slower tick, the payoff for IT pros who fit the bill is worth the higher competition.
Cloud engineers, for instance, can now command an average annual salary of $120,000 if they find a job in the right area code (ie. a coastal tech hub), the data shows.
The data also goes on to show that cloud providers themselves represent the companies that cloud experts most want to be employed by. Cloud-related job searches directed at the top three global cloud providers increased accordingly:
- Google Cloud by 908.75%
- AWS by 157.77%
- Azure by 130.41%
Google Cloud had the most increase during the four-year period, peaking at 190% from 2016 to 2017. But even this trend shifted as the decade came to a close, as 2019 job searches for Google Cloud dropped by 9.22 percent, AWS dropped by 5.5 percent, while Azure saw an increase of 15.39% – not surprising given Microsoft’s aggressive late-push into leveraging cloud for 5G.
When it comes to what skills these major providers are looking for in their cloud-expert candidates, it turns out that in many cases it’s fluency in the competition.
Image Source: Indeed.com
But it’s not just major cloud providers that are willing to pay top dollar for the best engineering talent. As businesses of all stripes take steps toward cloud transformation, both product engineers and enterprise IT teams will require agile, fast-thinking staff to help steer their networks through meaningful projects, all while assuring end-user experience day-to-day.
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Filed Under: industry insights
Tags: network performance monitoring, network monitoring, network management, LAN, WAN, enterprise WAN, enterprise networking, enterprise network, enterprise IT, SaaS, cloud adoption, cloud migration, cloud transformation, cloud IT, cloud jobs, cloud computing