2021 saw a major cloud spending surge

The top of final yr noticed cloud suppliers resume spending massive on compute and storage infrastructure after a cooldown in the course of the yr that occurred from overprovisioning at first of the pandemic in accordance with new information from IDC.

As reported by The Register, the market intelligence agency has launched its latest tracker protecting purchaser and cloud deployment which reveals that spending on compute and storage infrastructure merchandise elevated to $18.6bn throughout Q3 of 2021.

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