June 21, 2011 – Through a mix of applications, software, storage and servers, public cloud computing will total nearly half of new net growth in IT spending by 2015, according to research from IDC.

Public IT cloud service spending is expected to more than triple from 2010’s compound annual growth rate to $72.9 billion in four years, swallowing up 46 percent of new IT expenditures, according to figures in IDC’s new release, “Worldwide and Regional Public IT Cloud Services 2011-2015 Forecast.” By 2015, IDC states that one of every seven dollars spent on packaged software, servers and storage offerings will be connected to the public cloud.

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