Cloud infrastructure spending to hit $266bn

 Worldwide spending on public cloud services and infrastructure is forecast to reach $266 billion in 2021, says IDC. PAlthough spending growth will slow over the 2016-2021 forecast period, the market is expected to achieve a five-year CAGR of 21.0%. Public cloud services spending will reach $128 billion in 2017, an increase of 25.4% over 2016. ...

This story continues at Cloud infrastructure spending to hit $266bn

Or just read more coverage at Electronics Weekly