Mild increase in 2016 cloud IT infrastructure spend

Network upgrades continue to be the focus of public cloud deployments, says IDC.
Network upgrades continue to be the focus of public cloud deployments, says IDC.
Vendor revenue from sales of cloud IT infrastructure products, including public and private cloud, grew by 9.2% year over year to $32.6 billion in 2016, with vendor revenue for the fourth quarter (4Q16) growing at 7.3% to $9.2 billion.

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