Spending on public cloud IT infrastructure to hit $23.3 billion
The first quarter of 2016 may have shown some softness in hyperscale cloud service provider (CSP) demand for IT infrastructure products for deployment in cloud environments — server, enterprise storage and Ethernet switches — but it's coming back with a vengeance in the second half, according to the latest forecast from IDC).The IDC Worldwide Quarterly Cloud IT Infrastructure Tracker, released yesterday, forecasts that total spending on IT infrastructure products for deployment in cloud environments will hit $37.1 billion in 2016, an increase of 15.5 percent. IDC forecasts that spending on public cloud IT infrastructure, in particular, will increase by 18.8 percent in 2016 to $23.3 billion.To read this article in full or to leave a comment, please click here

