COVID-19 Lockdowns Sent Q1 Cloud Infrastructure Spending Higher, Says IDC
Global IT spending on cloud-based infrastructure grew 2.2% in Q1, while investments in “non-cloud environments plunged 16.3%, reported IDC Thursday. “The broadening impact of the COVID-19 pandemic was the major factor driving infrastructure spending,” it said. “Widespread lockdowns across the…
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world and staged reopening of economies triggered increased demand for cloud-based consumer and business services.” IDC forecasts the Q1 pace “will continue through rest of the year as cloud adoption continues to get an additional boost."