Spending on cloud infrastructure grows 20 per cent

Spending on cloud infrastructure grows by 20 per cent

The amount of money being spent on cloud infrastructure in the Europe-Middle East-Africa region increased by 20 per cent in the first quarter of 2016, according to a report by the International Data Corporation

IT infrastructure spending (server, disk storage, and Ethernet switch) for public and private cloud in EMEA grew by 18 per cent year on year to $1.3 billion in the first quarter.

The cloud-related share of total EMEA infrastructure expenditure on server, disk storage, and Ethernet switch grew by 4 percentage points compared with last year, to more than 25 per cent in the first quarter of 2016.

In terms of storage capacity, cloud represented around 30 per cent of total EMEA capacity in quarter one, with a 6 per cent decline over the same period a year before.

Looking at the market in euros, EMEA in the first quarter reported strong year on year user value growth (20 per cent) in public and private cloud across servers, storage, and switches.

Kamil Gregor, research analyst, European infrastructure group, IDC, says: “IDC expects this market to reach a value of $10.7 billion by 2020, or 46.4 per cent of total market expenditure, making it one of the strongest growth areas for the European infrastructure sector, compared with the expectation of a stagnant, if not declining, traditional market.”