IDC notes how public cloud IaaS is ‘transforming enterprise IT value chain’
According to IDC forecasts, public cloud IaaS revenues are set to more than triple, from $12.6 billion (£9.5bn) in 2015 to $43.6bn in 2020, at a compound annual growth rate of 28.2% over that period. The public cloud IaaS market grew 51% in 2015, according to IDC, with that growth expecting to slow after 2017 as enterprises get over the hump and move towards cloud ‘optimisation’ rather than exploration.
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