Nearly one-third of all IT infrastructure spending now devoted to cloud
July 6, 2015
Grazed from NetworkWorld. Author: Frederic Paul.
Need more proof that cloud computing is taking over? Just before the Independence Day holiday, research firm IDC released its assessment of the Worldwide Cloud IT Infrastructure Market—and the numbers were astonishing. According to the firm’s Worldwide Quarterly Cloud IT Infrastructure Tracker, server, storage, and Ethernet switch revenue for public and private cloud systems grew by 25.1% year over year to nearly $6.3 billion in the first quarter of 2015.
Even more importantly, perhaps, the percentage of total IT infrastructure spending devoted to the cloud continues to mushroom to nearly 30%, up from 26.4% a year ago. Private cloud revenue jumped 24.4% to $2.4 billion, while the public cloud grew even faster—25.5%— to $3.9 billion. Servers led the way, up 28% for the private cloud and 33% for the public cloud…
Compare that to the slower growth of non-cloud IT infrastructure, which increased by 6.1%, primarily due to server sales (non-cloud Ethernet switch sales ticked up just 1%, while storage sales actually declined)…
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