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Sunday, January 17, 2016

Cloud infrastructure spend grew by 23% in the third quarter 2015

According to analysts IDC, worldwide vendor revenue from sales of infrastructure products (server, storage, and Ethernet switch) for cloud IT, including public and private cloud, grew by nearly a quarter (23%) year-on-year to $7.6 billion (£5.3 billion) in the third quarter of 2015 (3Q15).

The overall share of cloud IT infrastructure sales climbed to 33.8% in 3Q15, up from 28.7% a year ago with public cloud seeing the majority of the revenue and growth. Infrastructure sales to private cloud grew by 18.8% to $2.9 billion (£2.0 billion), and to public cloud by 25.9% to $4.6 billion (£3.3 billion). In comparison, revenue in the traditional (non-cloud) IT infrastructure segment decreased by -3.2% year-on-year in the third quarter, with declines in all three technology segments (server, storage and Ethernet switch).

The growth in spend was fastest in Japan at 47.1% year-on-year, followed by Asia/Pacific (excluding Japan) at 35.3%, Western Europe at 22.1%, Canada at 22.0%, and the United States at 20.1%. Central and Eastern Europe declined at -10.2% as the region continues to go through political and economic turmoil, which impacts overall IT spending.

Explaining the sudden growth Kuba Stolarski, Research Director for Computing Hardware and Platforms at IDC said. "Customers are modernising their infrastructures, having a progressively larger number of viable options for cloud deployments either on or off premises. These customers depend on a mix of as-a-service offerings and traditional infrastructure to help meet the IT transformation requirements of their organizations. “

Adding “As public cloud offerings continue to evolve and improve in reliability and security, customers are becoming more comfortable with the flexibility that they get by deploying certain workloads in these elastic environments."

In the race for infrastructure #HP, #Dell and Cisco have all seen double-digit growth with HP (this is pre- and post-split into #HPE and HP) bagging an enormous 28% growth and $1.18 billion (£824 million) revenue compared to the same quarter in the previous year, with HP in second place with 20.7% growth and  $783 million (£547 million). 


http://www.cloudcomputingintelligence.com/news/item/2731-cloud-infrastructure-spend-grew-by-23-in-the-third-quarter-2015

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