Public IT cloud services spending to reach US$127 billion in 2018, says IDC

Press release, November 3; Alex Wolfgram, DIGITIMES Asia Tuesday 4 November 2014 0

Public IT cloud services spending will reach US$56.6 billion in 2014 and grow to more than US$127 billion in 2018, according to IDC. This represents a five-year compound annual growth rate (CAGR) of 22.8%, which is about six times the rate of growth...

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