Cloud IT infrastructure revenue up 16% to $6.5 bn

Cloud IT infrastructure revenue rose 16 percent to $6.5 billion in the third quarter of 2014, said IDC.

Almost a third of combined server, disk storage, and Ethernet switch infrastructure spending in the quarter came from cloud deployments.

cloud

Public cloud infrastructure accounted for nearly half of total cloud infrastructure revenue and is growing faster at 18 percent compared to one year ago.

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