Public and private cloud now account for a quarter of infrastructure spending
"A quarter of IT infrastructure spending in Europe is now going to building public and private cloud systems.
According to IDC, infrastructure spending – which it defines as servers, disk storage and Ethernet switch – for public and private cloud in Europe, the Middle East and Africa (EMEA) grew by 17.6% year-on-year to $1.3 billion in the first quarter of this year.
The analysts said that cloud-related infrastructure spending is likely to reach $10.7 billion by 2020 – nearly half of the total market.
In contrast, spending on traditional infrastructure will be stagnant ‘if not declining’, said Kamil Gregor, research analyst in IDCs European Infrastructure Group. However, despite the cloud hype, three-quarters of spending on infrastructure still goes to internal projects.”
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