Cloud spending set to outpace traditional on-prem
JANUARY 21, 2020
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.