Global cloud infrastructure spend racks up more than $20bn in Q4 - IDC

Global spending on compute and storage infrastructure products for cloud infrastructure, including dedicated and shared environments, grew 13.5 per cent in the fourth quarter of 2021 to $21.1bn (€19.086bn).  For the full year 2021, cloud infrastructure spending totalled $73.9bn (€66.8bn), up 8.8 per cent over 2020. According to research firm IDC, this marks the second consecutive quarter of year on year growth as supply chain constraints have depleted vendor inventories over the past se...