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Cloud IT infrastructure revenues again rise by double digits in Q2

Friday 28 September 2018 | 11:38 CET | News
Vendor revenue from sales of infrastructure products (server, enterprise storage, and Ethernet switch) for cloud IT, including public and private cloud advanced 48.4 percent from the year before in the second quarter to USD 15.4 billion, according to the latest study from IDC. The rise was 45.5 percent year-on-year in the first quarter. With the latest double digit increase, IDC again lifted its full year forecast for total spending (vendor recognized revenue plus channel revenue) on cloud IT infrastructure to USD 62.2 billion, with growth at 31.1 percent. The previous estimate, also raised

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Categories: Internet / IT
Countries: World
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