Investment in cloud drives European growth

No clouds on the horizonA report from IDC estimates that enterprises spent $1.1 billion in the fourth quarter of last year on IT infrastructure spending for the public and private cloud.

The cloud represented 32 percent of total capacity in the fourth quarter – that’s up 52 percent compared to the same period last year.

By 2019, IDC estimates the value of this market will be $10.8 billion, or 39 percent of the total market expenditure. The traditional market will be stagnant or declining.

In the European region, western Europe spent 82 percent on the cloud and data centre infrastructure rose by 15 percent in 2013 to 19 percent in 2014.

The public cloud grew more than the private cloud.

According to analyst Giorgio Nebuloni, Europe is still lagging behind the USA and in China. “In 2014 it [Europe] went through a phase of considerable datacentre investments as US multinationals like AWS (Amazon), Facebook, Google, Microsoft and Salesforce expanded [their] presence to serve customers with regionally located data centres.”

Local players fought back.

The cloud has given impetus to the IT business, according to Nebuloni.