Spending on cloud infrastructure products for computing and storage increased significantly in the fourth quarter of 2024, according to market intelligence firm International Data Corp. (IDC). Its report shows that spending on these products, including both dedicated and shared IT environments, grew 99.3% year-over-year to $67 billion. The cloud infrastructure segment’s growth outpaced the non-cloud … Continue reading IDC: Cloud infrastructure spending soars in Q4 2024 as AI investments exceed expectations