IDC Boosts Datacenter Compute And Storage Spending Forecast
The Next Platform, Monday, July 8th, 2024
When you have to compile the revenue streams of thousands of major IT hardware, software, and services suppliers into the datacenter, it takes a bit of time to get that data, get it right, and then aggregate it for a datacenter market analysis
Which is why, here at the beginning of the third quarter we are only now getting final results for datacenter infrastructure spending from IDC for the first quarter of this year.
The good news is that the forecast for 2024 for spending on compute and storage in the datacenter is up, and up in a big way, and the projections for spending for the next five years are also higher than the last time IDC did its prognostications for compute and storage spending in the datacenters of the world.