image credit: Pixabay

Enterprises accelerate spending on cloud but don’t cut costs for data centers. What gives?

January 10, 2020


Synergy Research Group’s review of enterprise IT spending during the last 10 years shows that “annual spending on cloud infrastructure services has gone from virtually zero to almost $100 billion.” No surprise here.

However, “enterprise spending on data center hardware and software has been stagnant through much of the decade.” Huh? Not declining?

What’s most interesting about this analysis is that core IT spending doubled during the same time period, with the cloud seeing most of that growth.

Read More on InfoWorld Cloud Computing