Cloud Spending Forecast Trimmed For This Year And Next
The Next Platform, Thursday, December 19th, 2024
The market for cloud infrastructure is now so large that it is very difficult for it to change drastically. But given the fact that people can turn off server, storage, and networking capacity as easily as they can turn it on, predicting how much money the world will spend on cloudy infrastructure can be tricky.
But, that is why the big IT market researchers get paid the big bucks, and the prognosticators at Gartner have just released their forecast for cloud infrastructure spending for 2024, which is nearly done, and for 2025, which all of us will be eager to get started with in a few weeks after much jubilation and relaxation.
What is interesting about the ongoing Gartner cloud forecast is that its researchers keep peeling higher level cloud services out of the forecast, at least in the dataset it shows to the public.