Reno-based analyst Synergy Research Group released a review of the 2017 cloud market on January 4th. The report, which estimated the total scope of the industry at $180 billion, gauged the year-over-year growth rate of infrastructure as a service (cloud hosting) and platform as a service (combined cloud hardware and software) at 47%. Such astronomical growth in the infrastructure of cloud is fueling growth of data centers. The extent to which cloud is becoming the new form of infrastructure cannot be overstated, with Cisco predicting 95% of data center traffic will be through cloud infrastructure by 2021.
To read this article in full, please click here