Cloud IT Infrastructure Spend Will Touch $70B In 2020
IT-Online, May 7th, 2020
May 7, 2020,
Volume 266, Issue 1

Cloud computing has surged in recent years, changing the way people communicate, manage data and do business. Billions of private and business users take advantage of the on-demand technology

"However, with coronavirus lockdown rules in place and millions of people spending more time indoors and online, the global demand for cloud services has soared over the last few months. This growing need for cloud solutions has led to increased spending on hardware and software components needed to support the computing requirements.

Global cloud IT infrastructure spending is expected to grow 3,6% year-on-year, reaching $69,2-billion in 2020, according to data gathered by LearnBonds..."

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