Tag Archives: public IT cloud

IDC: Public IT Cloud Spending to Hit $127B in 2018

A new forecast from International Data Corp. predicts public information technology cloud services spending will grow to more than $127 billion in 2018 from the $56.6 billion projected for 2014. That IT cloud spending growth represents more than 50 percent of software, server and storage spending worldwide in 2018, IDC said Monday. “Over the next four to …

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