Private Clouds Growing at a 50 Percent Clip, IDC Says
March 5, 2013 Alex Woodie
Worldwide spending on private cloud services will grow at a 50 percent compound annual growth rate through 2016, at which point it will account for $24 billion in spending, according to the latest forecast from the cloud watchers at IDC. The market for IBM i cloud services is growing, too. IDC splits the hosted private cloud (HPC) services market into two components. There’s the dedicated private cloud, which offers a dedicated, one-to-one physical compute and storage resources, and the virtual private cloud model, which utilizes shared virtualized resources, and which is an adjunct of the public cloud services model. |