According to IDC global revenues from sales of cloud infrastructure products (server, storage, ethernet switch), including both public and private cloud, are up by 14.9% Y-o-Y in Q1 2017 to total $8 billion.
However W. Europe sees relatively low revenue growth during the quarter at 8.9% Y-o-Y. CEE is even lower, at 7.2%.
The quarter also sees the share of cloud infrastructure sales in overall WW IT spending total 39%, a "significant" increase from the 33.9% of Q1 2016. Revenue from infrastructure sales to private cloud are up by 6% Y-o-Y to $3.1bn, and to public cloud by 21.7% to $4.8bn. In comparison, traditional (non-cloud) infrastructure spending is down by -8% in Q1 2017.
Ethernet switches lead private cloud infrastructure growth at 15.5% Y-o-Y, followed by storage (excluding dlouble counting with servers) at 10% and server at 2.1%. On the other hand storage leads public cloud growth at 49.5%, followed by ethernet switch at 22.7% and server at 8.7%.
"After a weak performance during 2016, storage purchases for cloud IT environments had a strong rebound in the first quarter, driving the overall growth in this segment," IDC remarks. "Overall, Q1 2017 set a strong beginning of the year for the cloud IT infrastructure market. With positive dynamics in purchasing activity by hyperscalers across all technology segments we expect a strong year ahead for the fastest growing public cloud segment. And as end users continue to embrace the benefits of private cloud infrastructures, spending in this segment will also expand."