Security News > 2019 > January > Revenue from sales of IT infrastructure products for cloud environments reached $16.8 billion
2019-01-14 06:00
According to the IDC, vendor revenue from sales of IT infrastructure products (server, enterprise storage, and Ethernet switch) for cloud environments, including public and private cloud, grew 47.2% year over year in the third quarter of 2018 (3Q18), reaching $16.8 billion. IDC also raised its forecast for total spending (vendor revenue plus channel mark-up) on cloud IT infrastructure in 2018 to $65.2 billion with year-over-year growth of 37.2%. Quarterly spending on public cloud IT infrastructure … More → The post Revenue from sales of IT infrastructure products for cloud environments reached $16.8 billion appeared first on Help Net Security.
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