Cloud IT Infrastructure Spending Starting To Take the Lead

IDC this month published findings on revenues from cloud IT infrastructure spending in the third quarter of 2018, based on server, storage and Ethernet switch sales. The findings come from IDC's "Worldwide Quarterly IT Infrastructure" database, covering Q3 2018. Fourth-quarter data apparently haven't been published yet. According to IDC's Q3 analysis, revenues from IT infrastructure products sold to cloud service providers have surpassed revenues from traditional IT infrastructure sales "for the first time." Cloud IT infrastructure sales accounted for slightly more than half (50.9 percent) of the "total worldwide IT infrastructure vendor revenues" in Q3 2018, according to IDC. However, when estimated for the full 2018 year, IDC expects that figure will drop to around 47.4 percent.