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Data Center Hardware and Software Grew by 17% in 2018

Global spend on data center hardware and software grew by 17% in 2018 with total infrastructure equipment revenues reaching $150 billion, according to new data released by Synergy Research Group. The report also states that the public cloud infrastructure accounted for well over a third of the total revenues. From the report: "The growth was driven by burgeoning demand for public cloud services and by a requirement for ever-richer server configurations, which drove up enterprise server average selling prices. Spending on public cloud infrastructure grew by 30%, while spending on enterprise data center infrastructure grew by 13%, the latter driven by 23% growth in private cloud or cloud-enabled infrastructure, which helped to offset a marginal decline in traditional, non-cloud infrastructure."

By CircleID Reporter – CircleID's internal staff reporting on news tips and developing stories. Do you have information the professional Internet community should be aware of? Contact us. Visit Page

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