Security News > 2016 > July > Worldwide cloud IT infrastructure revenue grows to $6.6 billion (Help Net Security)

Vendor revenue from sales of infrastructure products (server, storage, and Ethernet switch) for cloud IT, including public and private cloud, grew by 3.9% year over year to $6.6 billion in the first quarter of 2016 (1Q16) on slowed demand from the hyperscale public cloud sector, according to the IDC. Total cloud IT infrastructure revenues climbed to a 32.3% share of overall IT revenues in 1Q16, up from 30.2% a year ago. Revenue from infrastructure sales … More →

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