Security News > 2018 > October > Worldwide spending on cloud IT infrastructure continues to grow, reaches $15.4 billion
2018-10-02 05:15
According to the IDC Worldwide Quarterly Cloud IT Infrastructure Tracker, vendor revenue from sales of infrastructure products (server, enterprise storage, and Ethernet switch) for cloud IT, including public and private cloud, grew 48.4% year over year in the second quarter of 2018 (2Q18), reaching $15.4 billion. IDC also raised its forecast for total spending (vendor recognized revenue plus channel revenue) on cloud IT infrastructure in 2018 to $62.2 billion with year-over-year growth of 31.1%. Quarterly … More → The post Worldwide spending on cloud IT infrastructure continues to grow, reaches $15.4 billion appeared first on Help Net Security.
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