News
        
        Report: Cloud Spending Nearly a Third of All IT  Infrastructure Spending
        The figures come via IDC's new quarterly cloud  infrastructure tracker.
        
        
          
  Cloud computing is quickly moving beyond mere acceptance by  organizations. Its entrenchment in datacenters has also gone mainstream,  according to figures by analyst firm International Data Corporation (IDC).
  IDC reported last  month that for the third quarter of 2014, nearly a third of combined IT  infrastructure spending -- including hardware switches, storage and servers --  came from cloud deployments. That represented $6.5 billion, a 16 percent year  over year increase. 
  Of that total, public cloud infrastructure was about half of  that revenue. And, in fact, it's growing slightly faster -- 18 percent -- than private  cloud spending.
  "Public and private clouds represent the 'compute factories' and 'digital content depots' of the 3rd Platform era," IDC's Richard Villars said in the press release. "Whether internally owned or 'rented' from a service provider, cloud environments are strategic assets that organizations of all types must rely upon to quickly introduce new services of unprecedented scale, speed, and scope. Their effective use will garner first-mover advantage to any organization in a hyper-competitive market."
  The IDC report was the first of its new Worldwide Quarterly Cloud IT Infrastructure  Tracker, which follows IT spending specifically for the cloud market. It further  breaks down the spending into public and private cloud sectors. The revenue is  based on sales of three market segments: server, disk and networking  technologies.
        
        
        
        
        
        
        
        
        
        
        
        
            
        
        
                
                    About the Author
                    
                
                    
                    Keith Ward is the editor in chief of Virtualization & Cloud Review. Follow him on Twitter @VirtReviewKeith.