
IDC: Cloud Infrastructure Spending Shows Strong Growth
Spending on compute and storage infrastructure products for cloud infrastructure, including dedicated and shared environments, increased 13.5% year-over-year in the fourth quarter of 2021 (4Q21) to $21.1 billion according to the Needham, Mass-based International Data Corporation (IDC). As supply chain constraints have depleted vendor inventories over the past several quarters, IDC reports year-over-year growth in […]