Security News > 2018 > January > IT infrastructure spending for cloud environments to reach $46.5 billion in 2017
Total spending on IT infrastructure products (server, enterprise storage, and Ethernet switches) for deployment in cloud environments is expected to total $46.5 billion in 2017 with year-over-year growth of 20.9%, according to a new forecast from IDC. Public cloud datacenters will account for the majority of this spending, 65.3%, growing at the fastest annual rate of 26.2%. Off-premises private cloud environments will represent 13% of cloud IT infrastructure spending, growing at 12.7% year over year. … More →
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