IDC Archives - Cloud Computing News

Global public cloud services revenues hit $315bn in first half of 2023

James Bourne — Fri, 15 Dec 2023 15:44:07 +0000

Global public cloud services revenues have been ticking over to the tune of 19.2% in the first half of 2023 with software as a service (SaaS) representing the lion’s share but platform as a service (PaaS) the biggest growth, according to IDC. The analyst firm released figures from its Worldwide Semiannual Public Cloud Services Tracker, […]

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IDC predicts cloud infrastructure spending this year will hit $90.2B

Ryan Daws — Mon, 04 Jul 2022 15:59:56 +0000

IDC forecasts that cloud infrastructure spending will exceed $90 billion in 2022. In Q1 2022, IDC found that spending on compute and storage infrastructure products for cloud deployments – including dedicated and shared environments – increased 17.2 percent year-over-year to $18.3 billion. The firm’s analysts note the strong growth is despite “tight supply of some […]

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Building trust will be “deciding factor in cloud service provider competition” in 2021

Duncan MacRae — Fri, 21 May 2021 12:41:46 +0000

Spend on cloud infrastructure services by US-based companies grew 29% in Q1 2021 to a record $18.6 billion (£13.10bn), after global cloud spend consolidated in 2020. Total cloud expenditure in the US increased $4.2bn (£2.96bn) in the past year and $621 million (£437m) in the first quarter of the year, according to the latest Canalys […]

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