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Cloud spending to top $122bn in 2017

Worldwide spending on cloud services and infrastructure will reach $122.5 billion in 2017, an increase of 24.4% over 2016, says IDC. Over the 2015-2020 forecast period, overall cloud spending will experience a 21.5% CAGR – nearly seven times the rate of overall IT spending growth. By 2020, IDC forecasts cloud spending will reach $203.4 billion ...

Read full article: Cloud spending to top $122bn in 2017

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