Beancounters at IDC have added up some numbers and concluded that while IT infrastructure spending is slowing actual revenue is rising.
Non-cloud infrastructure sales are continuing to decline and any money being spent is going on servers, storage products and Ethernet switches for hosted environments.
However prominent hardware vendors and their channel partners will get to see cloud infrastructure revenues continue to increase and it is predicting that while total spending on cloud IT infrastructure by 4.5 per cent this year in response to slow growth in the market, somehow vendors will keep coining it in.