Worldwide spending on public IT cloud services will reach $47.4 billion this year and is expected to be more than $107 billion in 2017, according to a new forecast from International Data Corporation (IDC).

Over the 2013 to 2017 period, public IT cloud services will have a compound annual growth rate of 24 percent, five times that of the IT industry as a whole, according to the research firm’s report, “Worldwide and Regional Public IT Cloud Services, 2013-2017 Forecast.”

Register or login for access to this item and much more

All Information Management content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access