Worldwide Cloud IT Infrastructure Revenue Grows in Second Quarter of 2016 , According to IDC
According to the International Data Corporation (IDC) Worldwide Quarterly Cloud IT Infrastructure Tracker, vendor revenue from sales of infrastructure products (server, storage, and Ethernet switch) for cloud IT, including public and private cloud, grew by 14.5% year over year to $7.7 billion in the second quarter of 2016 (2Q16), ahead of renewed hyperscale growth expected in the second half of 2016. The overall share of cloud IT infrastructure sales climbed to 34.9% in 2Q16, up from 30.6% a year ago. Revenue from infrastructure sales to private cloud grew by 14.0% to…
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