IDC, March 31st, 2023
Compute And Storage Cloud Infrastructure Spending Stays Strong As Macroeconomic Headwinds Strengthen In The Fourth Quarter Of 2022, According To IDC
According to the International Data Corporation (IDC) Worldwide Quarterly Enterprise Infrastructure Tracker: Buyer and Cloud Deployment, spending on compute and storage infrastructure products for cloud deployments, including dedicated and shared IT environments, increased 16.3% year over year in the fourth quarter of 2022 (4Q22) to $24.1 billion.
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