Global hardware infrastructure market reaches 'tipping point

Global hardware infrastructure market reaches 'tipping point' towards cloud


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Global hardware infrastructure market reaches ‘tipping point’ towards cloud
Off the back of revenue from IT infrastructure products from 3Q20 rising by 9.4 per cent year-over-year
Credit: Dreamstime
IT infrastructure has reached a tipping point, with global spending on cloud environments expected to account for a greater share of spending than non-cloud environments.  
This is according to research firm IDC’s
Worldwide Quarterly Cloud IT Infrastructure Tracker, which claimed that revenue from sales of IT infrastructure products — servers, enterprise storage, and Ethernet switches — for cloud environments rose by 9.4 per cent during the third quarter of 2020. 

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