Report: Enterprise IT Executives Expect To Spend 34% Of Their IT Budgets On Hosting And Cloud Services In 2017
Survey from 451 Research finds that resources bundled with management and security services make up nearly half of infrastructure and application services spending.
According to 451 Research's Voice of the Enterprise: Hosting and Cloud Managed Services study, enterprises currently spend 28% of their total enterprise IT budgets on hosting and cloud services. Next year, that number is expected to climb to 34%, indicating a growing reliance on external sources of infrastructure, application, management and security services.