How COVID-19 has accelerated the move from a 'cloud first' to a 'cloud now' approach

Recent market data from Synergy Research Group via CRN suggests 2019 was a milestone for IT and that for the first time ever, enterprises are spending more money annually on cloud infrastructure services than on data center hardware and software. For example, total spend on cloud infrastructure services reached $97 billion, up 38 percent year over year, whereas total spend on data center hardware and software hit $93 billion in 2019, an increase of only 1 percent compared to 2018. This means that many companies that have historically owned, maintained, and managed their own IT operations in their own data center are now evolving how… [Continue Reading]