FRAMINGHAM, Mass.--(BUSINESS WIRE)--International Data Corporation (IDC) today announced the launch of the Worldwide Quarterly Cloud IT Infrastructure Tracker. New data for the third quarter of 2014 (3Q14) shows that almost a third of combined worldwide server, disk storage, and ethernet switch infrastructure spending in the quarter came from cloud deployments. Total cloud infrastructure revenue for the quarter grew 16% year over year to $6.5 billion. Public cloud infrastructure accounted for nearly half of total cloud infrastructure revenue and is growing faster at 18% compared to one year ago.
"Public and private clouds represent the 'compute factories' and 'digital content depots' of the 3rd Platform era," noted Richard Villars, Vice President, Datacenter and Cloud research at IDC. "Whether internally owned or 'rented' from a service provider, cloud environments are strategic assets that organizations of all types must rely upon to quickly introduce new services of unprecedented scale, speed, and scope. Their effective use will garner first-mover advantage to any organization in a hyper-competitive market."
IDC's Worldwide Quarterly Cloud IT Infrastructure Tracker is designed to provide clients with a better understanding of what portion of the server, disk storage systems, and networking hardware markets are being deployed in cloud environments. This tracker will break out vendors' revenue by the hardware technology market into public and private cloud environments for historical data and also provide a five-year forecast by the technology market.
"This new Tracker will greatly help our clients to better navigate and perform competitive analysis for the cloud environment," said Lidice Fernandez, Program Vice President of Worldwide Tracker Research at IDC. "This is the best way IDC can help vendors target their go-to-market efforts for the 3rd Platform marketplace era."
IDC defines cloud services more formally through a checklist of key attributes that an offering must manifest to end users of the service. Public cloud services are shared among unrelated enterprises and consumers; open to a largely unrestricted universe of potential users; and designed for a market, not a single enterprise. The public cloud market includes variety of services designed to extend or, in some cases, replace IT infrastructure deployed in corporate datacenters. It also includes content services delivered by a group of suppliers IDC calls Value Added Content Providers (VACP). Private cloud services are shared within a single enterprise or an extended enterprise with restrictions on access and level of resource dedication and defined/controlled by the enterprise (and beyond the control available in public cloud offerings); can be onsite or offsite; and can be managed by a third-party or in-house staff. In private cloud that is managed by in-house staff, "vendors (cloud service providers)" are equivalent to the IT departments/shared service departments within enterprises/groups. In this utilization model, where standardized services are jointly used within the enterprise/group, business departments, offices, and employees are the "service users."
For more information about IDC's Worldwide Quarterly Cloud IT Infrastructure Tracker, please contact Lidice Fernandez at 305-351-3057 or firstname.lastname@example.org.
About IDC Trackers
IDC Tracker products provide accurate and timely market size, vendor share, and forecasts for hundreds of technology markets from more than 100 countries around the globe. Using proprietary tools and research processes, IDC's Trackers are updated on a semiannual, quarterly, and monthly basis. Tracker results are delivered to clients in user-friendly excel deliverables and on-line query tools. The IDC Tracker Charts app allows users to view data charts from the most recent IDC Tracker products on their iPhone and iPad.
International Data Corporation (IDC) is the premier global provider of market intelligence, advisory services, and events for the information technology, telecommunications, and consumer technology markets. IDC helps IT professionals, business executives, and the investment community to make fact-based decisions on technology purchases and business strategy. More than 1,000 IDC analysts provide global, regional, and local expertise on technology and industry opportunities and trends in over 110 countries. In 2014, IDC celebrates its 50th anniversary of providing strategic insights to help clients achieve their key business objectives. IDC is a subsidiary of IDG, the world's leading technology media, research, and events company. You can learn more about IDC by visiting www.idc.com.
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