Cloud Infrastructure Spending Continues Growth, Non-Cloud Declines: IDC
Global spending on compute and storage infrastructure products for cloud deployments increased 7.9% year over year in Q2 to $24.6 billion, IDC reported Monday. Non-cloud spending declined 8.3% Q2 to $14.4 billion, IDC said. "Cloud infrastructure spending is shifting towards…
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robust configurations geared towards more complex workloads and new AI initiatives," said Juan Pablo Seminara, research director with IDC's Worldwide Enterprise Infrastructure Tracker: "Despite the steep decline in system unit demand for the first half of the year, the spending outlook for 2023 remains positive with growth centered on the expectation that higher [average selling prices] will remain for the rest of the year."