Public cloud IT infrastructure revenue increasing

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Vendor revenue from sales of IT infrastructure products (server, enterprise storage, and Ethernet switch) for cloud environments, including public and private cloud, increased 9.4% year over year in the third quarter of 2020 (3Q20), according to IDC. Investments in traditional, non-cloud, IT infrastructure declined -8.3% year over year in 3Q20. These growth rates show the market response to major adjustments in business, educational, and societal activities caused by the COVID-19 pandemic and the role IT … More

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Read the original article: Public cloud IT infrastructure revenue increasing