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Operations — Archive · Vol 304 Issue 3

3 articles that week

Futurecio, Monday, July 17,2023

On-Premise Data Centres - Down But Not Out

Vol 304 · Issue 3 · 2023-07-17

Ten years ago, enterprises spent over US$80 billion per year on IT hardware and software for their own data centres, while well under US$10 billion on nascent cloud infrastructure services. Fast forward to the present day and spending on data centre hardware and software has only grown by an average of 2% per year, while spending on cloud services has ballooned, growing by an average of 42% per year to reach US$227 billion in 2022.

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On-Premise Data Centres - Down But Not Out