Cloud infrastructure revenue softens but still breaks records

Cloud IT infrastructure revenue fell for the second consecutive quarter during the three months ending September 2019, but still outstripped revenue from non-cloud IT infrastructure, according to analysts. Cloud IT infrastructure products – consisting of server, enterprise storage and Ethernet switches – saw sales decline to 1.8 per cent, year-over-year, for the quarter, while spending on cloud IT environments reached US$16.8 billion, according to the International Data Corporation’s (IDC) worldwide quarterly cloud IT infrastructure tracker report. The decline was attributed mostly to public cloud spending, which fell 3.7 per cent year over year to US$11.9 billion – yet when considered sequentially, this resulted in a rise of 24.4 per cent. Regardless, public cloud spending still made up most of all cloud IT environment spending.