Security News > 2019 > April > Vendor revenue from IT infrastructure products for cloud environments grew 28% year over year

Vendor revenue from sales of IT infrastructure products (server, enterprise storage, and Ethernet switch) for cloud environments, including public and private cloud, grew 28.0% year over year in the fourth quarter of 2018 (4Q18), reaching $16.8 billion. For 2018, annual spending (vendor revenue plus channel mark-up) on public and private cloud IT infrastructure totaled $66.1 billion, slightly higher (1.3%) than forecast in Q3 2018, according to the IDC Worldwide Quarterly Cloud IT Infrastructure Tracker. IDC … More → The post Vendor revenue from IT infrastructure products for cloud environments grew 28% year over year appeared first on Help Net Security.

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