IDC: public cloud will be 17% of all “IT product” spend in 2017

Also:

The private cloud play will fall off in popularity as public cloud providers add virtual private cloud (VPC) services to address issues (like security concerns) that today either are driving organizations toward private cloud or keeping them out of the cloud altogether. IDC says VPCs combine the big benefits of public cloud infrastructures, including economics, scale, and pace of innovation, with the privacy and control features associated with private clouds.

IDC: public cloud will be 17% of all “IT product” spend in 2017

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