Today in Cloud

Gartner has raised its projections for IT spending growth up 3% on previously forecast to $3.6 trillion this year, due to an increase in public cloud expenditure. Spending on public cloud services may rise to $109 billion from $91 billion last year, Gartner said. By 2016, the research firm reckons spending on public cloud services will more or less double again, to upwards of $200 billion. The cloud services market is on the up as businesses begin to figure out which workloads to move to the cloud and which to keep in-house, both of which are pushing up consulting services.
Telecommunications services will continue to be the largest IT market, growing 1.4% to $1.7 trillion this year as businesses, especially those in emerging economies, spend more on Internet connections and increase use of connected devices including media tablets, gaming, and other consumer electronics.