IT spending on servers and storage –already slow, as organizations move to cloud data and storage services –will drop sharply in 2020 due to financial impact of COVID-19, according to IDC.
The analyst firm this week predicted storage and server revenuewill decrease 3.3% in 2020 from 2019. That compares to a 2.7 % decline in overall IT spending, inclusive of consumer products and infrastructure and communications technologies. IDC predicts IaaS –often a replacement for on-premises servers and storage –will grow 33.2% this year.
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