Investments in global compute and storage infrastructure products for cloud deployments grew 22.4 per cent in the second quarter of 2022 to $22.6bn. According to IDC, spending on cloud infrastructure continues to outgrow the non-cloud segment although the latter had strong growth in Q2 as well, rising 15.2 per cent year on year to $17.3bn. The researcher highlighted an infrastructure refresh cycle, increasing prices, system shipments toward the accumulated backlogs from previous quar...
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