Cloud infrastructure spend to near $70bn this year

“The growing need for cloud solutions, fueled by the widespread transition to remote working, has forced cloud service providers and other organisations to increase spend on both hardware and software components to keep up with the demand.

This is according to a new report from LearnBonds, which claims the global cloud IT infrastructure spend will reach $69.2 billion this year, representing 3.6 percent year-on-year growth.” – read more at ITProPortal!