Cloud IT infrastructure spending grows, non-cloud investments plunge
Vendor revenue from sales of IT infrastructure products (server, enterprise storage, and Ethernet switch) for cloud environments, including public and private cloud, increased 2.2% in the first quarter of 2020 (1Q20) while investments in traditional, non-cloud, infrastructure plunged 16.3% year over year, according to IDC. Pandemic as the major factor driving infrastructure spending The broadening…