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How digital transformation is advancing hybrid multi-cloud

February 5, 2018

Via: iCLOUD.pe
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If you’re a CTO or CIO that has escalated your organization’s move to the cloud, then clearly you’re not alone. Worldwide spending on public cloud services and infrastructure is forecast to reach $160 billion in 2018 — that’s an increase of 23.2 percent over 2017, according to the latest market study by International Data Corporation (IDC).

Although annual spending growth is expected to slow somewhat over the 2016-2021 forecast period, the market is forecast to achieve a five-year compound annual growth rate (CAGR) of 21.9 percent with public cloud services spending totaling $277 billion in 2021.

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