IDC: Cloud Surpasses Traditional IT Infrastructure Revenues For [...]


IDC: Cloud Surpasses Traditional IT Infrastructure Revenues For First Time


📅 - In the third quarter of 2018 (3Q18), for the first time, quarterly vendor revenues from IT infrastructure product sales into cloud environments surpassed revenues from sales into traditional IT environments, accounting for 50.9% of the total worldwide IT infrastructure vendor revenues, up from 43.6% a year ago, according to IDC (idc.com)'s Worldwide Quarterly Cloud IT Infrastructure Tracker.

However, for the full year 2018, spending on cloud IT infrastructure will remain below the 50% mark at 47.4%. Spending on all three technology segments in cloud IT environments is forecast to deliver double-digit growth in 2018. Compute platforms will be the fastest growing at 59.1%, while spending on [...][... Check source for end of article ...]
Tags: Cloud Hosting News cloud idc IT Infrastructure Natalya Yezhkova networking Research servers storage

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