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Cloud spending set to outpace traditional computing

January 21, 2020

Via: InfoWorld

According to IDC, in 2019 the public cloud saw little change in market share, making up just more than 30 percent of the overall cloud IT infrastructure market. Of course, this is likely to grow significantly, expected to reach almost 40 percent by 2023.

However, it’s a bit of a surprise that IDC is also expecting public and private cloud spending to outperform “traditional IT spending” in 2020. We can define traditional as anything that’s not a private or public cloud. Indeed, in 2019 we saw the balance nearly equal at 49.8 percent for public and private cloud. This milestone will be easily bypassed this year.

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