According to a new forecast from the International Data Corporation (IDC) Worldwide Quarterly Cloud IT Infrastructure Tracker, total spending on IT infrastructure for deployment in cloud environments is expected to total $46.5 billion in 2017 with year-over-year growth of 20.9%. Public cloud data centers will account for the majority of this spending, 65.3%, growing at the fastest annual rate of 26.2%. Off-premises private cloud environments will represent 13% of cloud IT infrastructure spending, growing at 12.7% year over year. On-premises private clouds will account for 62.6% of spending on private cloud IT infrastructure and will grow 11.5% year-over-year in 2017.
