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Digital Innovation Investments in Cloud

Cloud Infrastructure: +33% investments compared to the same quarter of 2019

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 compared to 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 to support already proven information systems) but also that the 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 .

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