Cloud IT Infrastructure Hardware Market 2017-2027 Top Key Players- IBM Corporation, Hewlett-Packard Enterprise

Cloud IT infrastructure hardware is present in all the three cloud computing models – infrastructure as a service, platform as a service and software as a service. Companies either purchase this cloud IT infrastructure hardware or take them on rent from various cloud infrastructure vendors. Usually when the cloud IT infrastructure is taken on rent there is a fixed subscription fee that the subscriber needs to pay to the vendor. Whereas, if the business purchases cloud IT infrastructure hardware, they usually purchase it on pay-per-use pricing model. According to this pricing model the users need to pay only for the services consumed which is calculated on an hourly, weekly or monthly basis. Enterprises that are technically sound, can even build their own cloud IT infrastructure hardware, rather than purchasing it or taking it on rent from a third-party vendor. This enables companies to take up more ownership of the resources that they are investing in; which is an emerging trend in the cloud IT infrastructure hardware market.