Global cloud market continues to boom

The global cloud market continues to boom as spending rises beyond on-prem infrastructure, new figures from analyst firm IDC suggest.

According to the report, businesses spent $15.1 billion on cloud infrastructure in the first quarter of 2021, up 12.5 percent compared to the same period last year. On-prem infrastructure also recorded growth in the same timeframe, but only of 6.3 percent (totalling $13.5 billion).

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