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Broadband

Public cloud spending up 25% in CEE in 2017

Monday 13 March 2017 | 11:57 CET | News
Spending on public cloud services and infrastructure in Central and Eastern Europe (CEE) grew 24.6 percent year-on-year to USD 1.15 billion in 2017, according to a report by IDC. Over the 2015-2020 forecast period, overall public cloud spending will post a 22.0 percent compound annual growth rate (CAGR), that's roughly seven times the rate of overall IT spending growth. By 2020, public cloud spending will reach USD 1.92 billion in CEE.

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Categories: Internet
Countries: Eastern Europe / Europe
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