Cloud Infrastructure Revenues up Almost 40% in Q2

IDC says that spending on IT infrastructure (server, disk storage, and Ethernet switches) for public and private cloud in the EMEA region grew by 37.4 % year-on-year (YoY) to $1.4 billion in revenues for the second quarter of 2016. The cloud-related share of total EMEA infrastructure revenue was 22.5%. In financial terms, user value growth was 34.2%. IDC expects this market to reach a value of $10.5 billion, or 36.5% of total market expenditure, by 2020.