Cloud to consume almost half of IT infrastructure sales by 2019

Yesterday, I wrote that “Nearly one-third of all IT infrastructure spending is now devoted to cloud.” That sounded like a lot, but IDC, the source for those numbers, is now saying that’s only the beginning.

According to the research firm’s latest announcement, cloud IT infrastructure spending is expected to grow 15.6% a year and represent 46.5% of the total IT infrastructure spending in 2019, with the public cloud grabbing the lion’s share.

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Network World Cloud Computing

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