Synergy Research, a market research firm specializing in networking and telecommunications, revealed that spending on Cloud Infrastructure services grew 33% , with total investment reaching approximately $30.5 billion (up $7.5 billion from the same period of the previous year).
The growth of this market, essentially composed of the set of IaaS, PaaS and Hosted Private Cloud services , confirms not only a particularly positive trend for the cloud (more and more companies feel the need to integrate cloud technologies Covid containment measures have further pushed companies to rapidly opt for significant investments in IT infrastructure in order to maintain high productivity across the entire organization and simultaneously promote smart working .